Rent To Own Saint John
According to the Tourism New Brunswick Website, Saint John is the oldest incorporated city, and is the only city located on the beautiful Bay of Fundy.
The economic development website for the Great Saint John lists the current population at 126,000.
The number of home sales in Saint John, increased from 16.2% from October 2018 to October 2019, setting a record.
Even more astonishing was that the average home price jumped 12.4% in the same period mentioned above.
When Rent To Own Canada works with Tenant-Buyers in a market like Saint John that has been appreciating more than 10% year over year, we only appreciate the value of your home 4% year over year.
In this case you, as the tenant-buyer have major upside in a market like Saint John.
If you did a Saint John Rent To Own, and the markets average 10% increase each year, the $200,000 home you purchased would now be worth over $240,000. However, since you locked in your appreciation at 4% with us, the final purchase price would only be $216,000. That is a difference of $24,000 of equity in your pocket.
Your friends will be jealous!
Saint John Rent To Own 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.