Rent To Own New Brunswick
Rent To Own In New Brunswick
New Brunswick is a nature lovers dream place to live. With access to forest, mountains, oceans and the Bay of Fundy it’s no wonder that people love their life when it’s lived in New Brunswick.
Sept 2019 was a record month for real estate sales in New Brunswick, with 869 units sold. This is an increase of 25.4% from the same time in 2018.
Here is a graphic from the Canadian Real Estate Association with the slow steady rise of the average home price in New Brunswick over the last eight years.
With prices rises in other areas of the Maritimes, the trend will most likely follow the currently affordable market in New Brunswick.
With people leaving their home provinces where real estate prices are significantly higher, such as Manitoba, Ontario and Quebec, they are cashing out and putting their money into small markets like what you can find in New Brunswick These same people are willing to pay well above the asking price which is inflating the price of homes in these highly sought after markets in New Brunswick.
With new money being injected into New Brunswick’s housing market, as well as interest rates that are staying at historical lows, the price of real estate in New Brunswick may be on an upward trend for years to come.
Unfortunately, if this trend happens and home prices rise, many people in New Brunswick are going to have a difficult time saving enough or qualifying to buy a home.
For the reasons above this is why Rent To Own Canada exists.
We specialize in Rent To Own in New Brunswick. More specifically in Saint John, Fredericton, Moncton and surrounding areas.
Rent to Own in New Brunswick, helps people who may be having trouble qualifying for a traditional mortgage with a bank. Our Rent to Own agreements are structured to put you the tenant-buyer into a position to have the best opportunity to be mortgage ready and successfully purchase your home at the end of the rent to own agreement.
We help people who have bad credit, recently divorced, self-employed or new to the country.
If you would like to better understand how Rent To Own works, click the following links.
Rent To Own Canada - Executing Rent To Owns Successfully With Integrity.