Rent to own is a good option for people who know they want to own a property. This is essentially a rental agreement offered on the purchase of a home in which the home-buyer commits a certain amount from the monthly rent as a portion towards a down payment of the home.
For those with less than ideal credit ratings or inability to make a down payment for a property due to insufficient funds, a rent to own plan is a suitable plan offered to many home buyers in Ontario to become homeowners within an agree period of time. Unlike renting a property, you’ll enjoy a fixed payment, which will not increase during the rent to own term which is very attractive to many.
If you wish to learn more about rent-to-own, it’s benefits, your suitability and options, don’t hesitate to reach out to Danny Cimbron and he will be pleased to discuss this option with you.
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Just as most, Danny has a number of life- long passions and interests. Other than being known as “Mortgage Extraordinaire”, an “award winner and having over a “decade of experience, Danny always strives to make the impossible, possible. If you would like to learn more about Danny Cimbron, click below for further reading.
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