Oliver's Rent to Own : A Path to Your Dream Home**
Welcome to Oliver's Rent to Own program, where they've been helping families acheive their homeownership dreams for over 12 years alongside RTO certified realtors like myself.
The mission is simple: to assist families in helping other families secure a place they can call home.
Who Can Benefit from Rento to Own ( RTO)
Oliver's RTO is designed for individuals and families who might find it challenging to opbtain a mortgage through tradiotional means, such as banks. These includes:
- Thoese with consumer proposal or bankruptcy history.
- Individuals with poor payment records or excessive debt.
- Self-employed professionals and New Canadians seeeking a fresh start.
- Divorced individuals and millenials facing high cost of living.
- Anyone with limited job history that don't meet the banks' requirements.
How Does It Work
1.) ME: Speak with me to see is you would be a good candidate. 2) Apply : get you started and speaking to an RTO mortgage underwriterspecialist. 3.) O's RTO Decision: if approve, we'll discuss the maximum price,estatimate monthly rental payments and other essential details. 4.) House Hunting: Start looking for your dream home within theapproved price range. 5.) Finalizing: Once you've found the perefect place, and Oliver'sapproval, they will connect you with an investor. Again, terms,conditions, price are discussed and once agreed. Offer is submitted. 6.) Conatulations : If your offer is accepted, you're now the proud tenantof your future home, with the tittle set to transfer in a few years!
Financial Consideration
Income Requirements : Depending on your location, a combined
household income of $200,000+( in GTA) or
$80,000+(outside GTA) is needed.
Downpayment: A minimum of 5% of the purchase price is recommended
,which is typically used as a deposit during the purchase offer process.
Budgeting: Aim for a budget that is approximetlt 4 to 4.5 times
your houselhold income as a purchase price maximum.
Ready to take the first step towrads homeownership? Contact me today to learn more about how Oliver's rent to own can help you acheive your dream!
**Disclaimer: This informations is provided for general purposesonly. Consumers are stronlgy encouraged to conduct heir due diligence and seek professional advice as needed. I am not liable for any decisions made based on this information.