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How the Rent-To-Own Program Works
Do you make good income, but the bank won't give you a mortgage because you...
- are self employed?
- don’t have enough of a down payment?
- are divorced?
- have poor credit?
- are new to Canada?
We may be able to help you through our "Rent-To-Own" program.
Professional Advice
You will be guided through the entire process by us, and our affiliate CM Properties, Vernon. The pre-approval process gives you the confidence to know what you can safely afford, and how you should be able to purchase a home within 1 to 3 years.
You Pick the Home You Want
We let you choose from almost any home available for sale once you have been pre-qualified. It may be a home listed on the MLS or a private sale. There are normal negotiations, a home inspection and an appraisal. Once you approve this, you pay a non-refundable deposit towards your home. A rental agreement and option to purchase is signed and CM Properties buy the home. You move in.
Build Equity While You Rent
Our program helps you build equity for the future down payment on a monthly basis, ensuring the future down payment will be in place. CM Properties will continually review your credit and plans over the term of the lease to ensure you are on track to purchase at the end of the agreement.
Guaranteed Purchase Price
Your purchase price is set up-front and guaranteed over the course of your lease.
If you think this program is right for you and would like to find out more please complete the form below and click on the "submit" button, or call us at 250-503-3461.
Please note: we respect your privacy and will keep your personal information completely confidential.
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We take your privacy seriously.
Your personal information is collected to send you the additional information that you requested about the real estate, mortgage, and affiliated products and services. If we cannot provide a product or service it may be provided by another agent or broker. For details please see the real estate marketing
website privacy policy.
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