Consider Rent to Own in Regina with this affordable option! Owning your own home will forever be the Canadian Dream. The freedom to do what you want, when you want on your own property without having to ask for permission is a freedom that is undervalued. Not to mention the safety and security that come from simply being in control of where you live and how you live there. But let’s face it, obtaining a mortgage is harder to do today than it’s ever been. Interest rates are high, inflation has taken hold of the economy and the tight box of lending criteria make it difficult to be approved for a mortgage if you are not a conventional, moderate to high income earner.
Enter this Rent to own Option in Regina
Requity Homes is partnering with home buyers who don’t check 100% of the boxes in mortgage approval criteria. They offer a simple solution to people who desire to own their own home but don’t have the means to. By partnering with Requity Homes you are able to “rent” at a rate that you can afford but a part of your rent also works as savings for you to buy the home in the future. It’s a win-win scenario, Requity Homes obtains a mortgage on your behalf while saving a portion of your rent and then transferring the home to you at a predetermined price at a predetermined date in the future.
There are few criteria you need to meet in order to work with Requity Homes:
- A minimum credit score of 500 points
- An annual income of $50,000
- $5000 or 2% of the purchase price, whichever is greater.
Let's get the process started, Contact Me Today!
This program is for those that are:
- Newly self employed
- Have a lack of savings
- New to the country
- Have a low credit score
Most single family homes are eligible with some exceptions. Call me today, and find out if you are eligible! Requity covers the land transfer taxes, lawyer fees and other closing costs when they purchase the home from you.
I have partnered with Requity Homes and I am committed to help more people get on their way to home ownership in an affordable, meaningful way.
Reach out today to see if this is a good fit for you!
Kelsey Smith Is Regina’s Choice
Choosing the right Realtor® is key to ensure a positive and successful real estate transaction. Kelsey Smith promises to deliver the education and time necessary to buy or sell your Regina home. Call 1-306-552-7047 and rest easy knowing you have made the right choice.