Rent To Own Trenton
Rent To Own Trenton Ontario
Trenton Ontario is located beside the Bay of Quinte, and is home to CFB Trenton. As such many military families call Trenton home.
Trenton is a scenic little town that is also referred to as Quinte West.
Prices in this area of Ontario have been on the rise for quite some time. Here is a chart of average prices in the Quinte area.
The average home price in October 2019 is $372,000 compared to the same time last year with an average of $337,000. That is a year over year of 10.4%.
This is great if you already are a homeowner. But if you are not, then these numbers paint a different picture.
If you are currently looking to buy in Trenton and are currently renting you may feel that home prices in Trenton and surrounding areas are becoming further out of reach.
Using the 10% appreciation that the Quinte area had over the last year, let’s look at an example of how the numbers work in a Trenton Rent To Own.
If you did a Rent To Own in Quinte West, 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!
Trenton 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.