| Article Index |
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| Down Payment in Real Estate |
| What You Need to Know About Down Payments |
| The Best Approach |
| Who Can Help You |
| All Pages |
First the Bad News:
If you’re planning on buying a house, and are burdened by even the thought of a down payment, you may find you’re dealing with a real crisis!
Banks are asking for higher and higher down payments, due to Canada’s rising national indebtedness (says Finance Minister Jim Flaherty). Lower interest rates have led more and more people to buy a house by taking on mortgages that they’re not able to handle. When interest rates rise in the future, this may mean good-bye to the 5% minimum home down payment. And with a reduced amortization period, mortgage payments naturally go up.
As a homeowner-wannabe, you face a major down payment struggle. But don’t think this means you have to put your dreams on hold!
Now the Good News:
Through Rent to Own Home, you have an excellent opportunity to own a home with minimal down payment. Real estate is a long term investment that creates wealth, overcomes inflation, and provides you with a secure future. And you can achieve the rewards of buying a house, with less down payment than you think!
At Rent to Own Home, we want to help you become a homeowner. And you can – with even less than 5% down payment for a house.
Read on… What You Need to Know About Down Payments.