Home » Posts tagged "how rent to own works"

Tag Archives: how rent to own works

Rent to Own – Action plan

Your Rent to Own Action Plan focuses on the following key areas: ➢ Credit Improvement – Our goal would be to ensure your credit scores move to over 620 and have at least two active accounts in good standing for a full 24 months minimum. You would then be considered favourable for mortgage qualifying. ➢ Income Stability – It will be important that you maintain your income and job stability during the term of your Agreement. ➢ Financial Obligations and Debts […]

Tags: ,

Successful Rent to Own Program

Action Plan and Analysis for Rent to Own Client:  DREAMLIFE RENT TO OWN PROGRAM: How are we different? Whats the advantages of Rent to Own in our specific program? One crucial part of our Rent to Own application is the analysis. Rent to Own and stop renting After your application is received we do a details analysis and present you different options. We present to you your detailed analysis and action plan you need to complete in order to qualify […]

Tags: ,

Improve your CREDIT SCORE in 3 – 6 months!

Understanding the Credit Score  As most of rent to own tenant applicants have poor credit with blips in the past, it is important to understand how the score is created and key factors that are measured.  This is so we can recommend improvements so you can qualify for a mortgage at the end of the rent to own term. Remember your goal is to get the score from where it is now to over 620 to qualify for a mortgage […]

Tags: ,

Interested in Real Estate Investing? Check out these 10 most important tips!

Whether you are an investor in real estate or a Rent to Own client, these will help you decide where you should buy and why.   There is money to be made in Real Estate only with proper knowledge of the ups and downs of the market trends. The investment cannot be guaranteed in any way, however historically real estate investing has proven to be one of the best  and safest investment one can ever make! So where do you […]

Tags: ,

Great and simple strategy to improve your business… | RENT TO OWN

In today’s world, if you are a professional and are looking to get more business you understand the importance of generating and getting qualified leads. A qualified lead is an amazing asset to have and really propels your business forward. However, sometimes we also get leads that are good but people that do not qualify for a mortgage right now but have good income and down payment. They may have some credit issues/ blips in the past, are unable to […]

Tags: ,

10 Most Valuable Home Equity Building tips

HOME EQUITY BUILDING STARTEGIES What is home equity? In real estate, EQUITY is calculated by taking the market value of your property and deducting the amount owning on your mortgage. If there is no mortgage, the market value is your equity. The best thing about this equity is that it is a very dynamic concept and can be increased and decreased by the property owner! Upgrading the home with certain vital upgrades, drastically increase the equity in your home while […]

Tags: , , ,

Rent to Own – Home buying tips.

BUYING YOUR HOME FOR RENT TO OWN PROGRAM: The tips and the rules for buying a home under the Rent to Own program are very similar if not exactly similar when you are buying a home with traditional financing. The only difference is the way it is financed. However, the actual home buying considerations and process is exactly the same. There are few purchases in life that carry the financial and psychological weight of buying a home. Whether you are […]

Tags: ,

Great tips on Buying Real Estate for Your Family

Buying Real Estate for your family is a very important decision that you make. It is very crucial that you cross every t and dot every i that you know of before you make such a decision. The very best and most enjoyable reason to purchase real estate by far is in buying a property in which your family will live and grow together. There is a lot of fun involved in finding the perfect place for you and your […]

Tags: ,

Is For Sale By Owner a good idea?

Is For Sale by Owner a good Idea? The seller go for the ‘For Sale By Owner’ cocept to save on Realtor Commission. There has been always a curiousity amongst seller to find out if there is a way to avoid Real Estate agents commission. Hence they turn to fsbo websites and their network to sell the property. However, it is worth it to consider to pros and the cons in doing so. First and foremost is the consideration where […]

Tags: ,

Recent Mortgage rule changes

Mortgage rules makes it more difficult for people to qualify so people looking for other options like Rent to Own or secondary financing for owning their homes. Stricter lending rules by our Canadian banks continue to slow underwriting activity at the CMHC and taxpayers’ exposure to a housing crash, the federal housing agency’s second-quarter report shows. Canada Mortgage and Housing Corp. said Thursday the number of insured mortgages rose slightly in the second quarter compared to the same period last […]

Tags: ,

← Older posts