Rent Credit is a portion of the rent that is credited monthly and used as a downpayment when you decide to purchase. When you are in a Rent to Own agreement, credits are only calculated on rents received on or before the due date. If the rent is received after the due date, tenants do […]
Although we do our best to ensure your success we cannot guarantee that your application for a mortgage will be approved at the end of the term. There are many factors that are taken into consideration when a bank is reviewing a mortgage application, such as total household income, total debit, credit score, and amount […]
The Real Estate Council of Ontario asking both homebuyers and investors to do their homework before leaping into a rent-to-own deal
What is a Rent Credit?
What is an Option Consideration?
What happens if I don’t pay rent on time?
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