Name: Kelsey Smith Real Estate
Telephone: 1-306-552-7047
Rating: 5

At Kelsey Smith Real Estate, we truly understand the aspirations of owning your dream home, and we have seen it all including the challenges posed by Regina's growing real estate market with soaring property prices, demanding down payments, stringent lending criteria, and fierce competition. Apart from traditional methods, our collaboration with Requity Homes presents an inspiring Rent to Own option, offering a tangible and accessible path to homeownership where you can simultaneously invest in your future while residing in your desired home. Say goodbye to overwhelming barriers and embrace the possibility of making your dream of owning a home a reality – contact us today, and let's navigate this transformative journey together!

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Why Rent When You Can Rent To Own

Rent To Own home options may be the best solution for homeownership for situations like:

Having fair credit
Being new to Canada
Being Self-Employed
First-time home buyer
Suffering from bankruptcy in the past
Not having a significant downpayment

Your Path to Homeownership in 7 Simple Steps:
Our rent to own option in collaboration with Requity Homes is the key to a progressive and transformative journey towards homeownership in Regina. Step by step, the program empowers you to rent a home at an affordable rate while saving a portion of your monthly rent towards your future homeownership.

Step 1: Connect With Regina Realtor Kelsey Smith
As a Requity preferred partner, connect with us for access to the best homes that fall within your budget while we help you navigate through your rent to own homeownership journey.

Step 2: Experience A Seamless Pre-Approval Application
Get on track with homeownership if you have:

A credit score of 500 or better
Minimum $50,000 household income
The greater of $5000 or 2% of the purchase price
Currently working at a full time capacity
Online pre-approvals are made within minutes.

Step 3: Get A Tailored Home Budget at Your Fingertips
Get fully approved with a personalized home shopping budget, carefully curated to suit your home owning goals.

Step 4: Find Your Dream Home, Your Way With Regina Realtor Kelsey Smith
Explore the vast market of available homes with the assistance of Kelsey Smith Real Estate, a realtor partner for Requity. Choose the home that resonates with your heart, knowing you have the support to make it yours.

Step 5: Discover A Hassle-Free Path to Dream Homeownership
Leave the stress of buying a home to your real estate partners. Requity will take care of everything from acquiring the property to covering essential closing costs, including land transfer tax and lawyer fees.

Step 6: Move In and Watch Your Savings Grow
While you rent your dream home, watch as your down payment savings grow steadily every month. Experience the joy of living in your ideal space while making tangible progress towards your future investment.

Step 7: Your Moment of Triumph
When the time is right, seize the opportunity to reclaim the home you fell in love with – using your accumulated savings to make it yours once and for all. Alternatively, should your life path take a different direction, Requity offers the flexibility to cash out your savings, so you can embark on new ventures.

The Kelsey Smith Home Buying Process

We have streamlined the home buying process to make it as easy and stress-free as possible. You can count on transparency, availability, attention to detail, and strong negotiating at offer time. This is what you can expect with the Kelsey Smith home buying process.

Consultation for Home Buyers

Are you buying a house in Regina or the surrounding area? You may want to jump right in and schedule viewings. However, prior to starting the physical home search, I ask that buyers meet with me for a “Buyer Consult” session. During this meeting, I explain what to expect at every step when buying a home. We discuss the criteria of your dream home, what defects are important to look for when viewing homes, and everything else from the home inspection, and negotiations to how to choose your real estate lawyer.

Mortgage Pre-Approval

Home buyers should be pre-approved for a mortgage so that they know exactly how much house they can afford. If you don't have a pre-approval, you could be disappointed to find out you cannot afford the house you find or you could lose the deal while waiting for approval. Even if you’re certain you qualify, getting a pre-approval from a Regina mortgage broker can streamline the process and ensure your finances are set to go when you are ready to make an offer. It also makes the final mortgage approval process much faster and less stressful for you!

View Listings

Once we’ve had our “Buyer Consult” and you’ve received your pre-approval, we can start looking at homes seriously. I encourage buyers to use any of the available platforms when looking for Regina MLS listings. KelseySmith.ca has up-to-date listing information and the ability to customize your search criteria for an elevated search experience. As your Regina Realtor®, I will also search for and send you listings that meet your requirements. Once we have a handful of possibilities picked out, I will schedule the viewings on your behalf and we will go house hunting together.

Making An Offer

When you’re ready to make an offer, I will explain to you the terms, conditions, and legalities of the contract. Most importantly, I perform a Comparative Market Analysis (CMA) on the property to ensure you pay no more than fair market value and ideally a little less than that! I will help you formulate a strong offer that has the highest likelihood of being accepted by the sellers. Remember that using a buyer's agent is a free service to you as a home buyer. The commissions for a buyer’s agent are paid for by the seller.

An Insightful Real Estate Partner And Guide To Buying Or Selling Your Home

Kelsey Smith is committed to providing an exceptional experience for home buyers and home sellers in Regina and the surrounding areas. An in-depth understanding of the unique Regina real estate landscape and years of experience navigating the buying and selling process inform Kelsey’ strategy for successfully closing hundreds of real estate transactions. Her formulas for searching, listing, and marketing guarantee an unparalleled journey to homeownership and home sales. Connect with Kelsey by calling 1-306-552-7047 and choose Regina’s ideal real estate partner.

Buyer's Handbook FREE Home Evaluation

What Are The Benefits Of Rent To Own Options For Homeownership?

With a fixed purchase price established in advance, expert financial guidance, and the freedom to decide at the end of the rental period, this seamless and empowering rent to own journey makes your dream of owning a home in Regina more accessible and meaningful than ever.

Rent with Savings: Rent a home at an affordable rate with immediate access to your desired property. A portion of your monthly rent will be set aside and saved for your future homeownership.
Fixed Purchase Price: You will be working closely with Requity Homes to determine a fair purchase price for the property at a predetermined date in the future. The price is fixed and secure, offering you peace of mind, even in a fluctuating real estate market.
Financial Guidance: Throughout the rental period, Requity Homes will provide expert guidance and support including helpful strategies to improve your credit score and build healthy financial habits to enhance your eligibility for the final home purchase.
Home Familiarization: Take advantage of the rental period to become fully acquainted with the property and the surrounding neighborhood. Living in the home of your dreams during this period allows you to ensure it aligns perfectly with your needs and preferences.
Purchase Flexibility: When the agreed-upon date arrives, you'll have the option to exercise your right to purchase the home at the pre-established price. At this point, you can use the accumulated savings as your down payment, making homeownership more accessible and affordable.
No Obligation Exit: In the event that you decide not to proceed with the purchase, you have the flexibility to exit the program at the end of your rental period. There is no obligation or commitment to buy the property. You can walk away with no strings attached.

Why Kelsey's Clients Love Working With Her

Everyone Should Have The Opportunity To Own A Home

Together, our rent to own journey is designed to be seamless and empowering, putting the dream of homeownership well within your reach. Embrace the excitement of the path to homeownership in Regina while living in the home you've always desired. As a certified, Requity Homes partner, and experienced Realtor® team, we are committed to helping you achieve this milestone in the most accessible and meaningful way possible, because we believe everyone should have the opportunity to own a home. Fill out the form or call 1-306-552-7047 Regina realtor Kelsey Smith today to inquire about this exciting program, and let our real estate team help make homeownership a reality for you.

*Disclaimer: The information provided is for informational purposes only, and may be subject to change. Consult your rent to own provider for full and current details. Kelsey Smith Real Estate shares the goal to help Canadians achieve homeownership and has been granted status as a Requity Homes Realtor Partner since 2022.

FAQ’S

What is Requity Homes?

Requity Homes’ mission to establish a just and adaptable alternative route to homeownership, showcasing their modernized rent-to-own program. They are dedicated to aiding renters in achieving their aspiration of residing in their dream homes without delay, while simultaneously enabling them to steadily strengthen their credit and accumulate a down payment each month. Requity Homes is firmly committed to selling the property back to the renters at a prearranged price, firmly believing that homeownership should be attainable for all, and they endeavor to make it a reality.

Can this rent to own program replace a mortgage or lender?

Requity Homes is here to complement, not replace, conventional mortgages. The core essence of their program lies in guiding and preparing individuals towards obtaining a mortgage within a timeframe of 2-3 years. By focusing on nurturing financial preparedness and essential prerequisites, Requity Homes strives to empower participants for a seamless transition into mortgage ownership when the time is right for them.

How much does the program cost?

It’s completely free to apply, but there are transaction fees if you choose to walk away from the home

How can I buy back my home?

At any point during the lease term, you retain the flexibility to exercise the option of repurchasing the home at the pre-agreed price. To facilitate the buyback process, you will be required to secure a mortgage from a lender or provide the necessary cash amount to complete the transaction.

A Partner For All Of Your Real Estate Goals

Providing my clients with an exceptional home buying or selling experience is my top priority. First-time home buyers, empty nesters, sellers, and investors can expect current data and insight to make the most informed decisions regarding their real estate transactions. I promise to share my knowledge, my experience, and my time as we work together to achieve your Regina real estate goals. Connect with me for a free consultation at 1-306-552-7047 and let’s partner to make it happen.

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.