Home Rent to Own | Power of Sale/Foreclosure | Credit Management Enhance Your Knowledge On Rent To Own Programs | Page 5

RENT TO OWN CONDOS:
HOW TO GET YOUR
DREAM HOME NOW
With more and more people looking to own a condo but simultaneously facing financial
challenges, the rent to own option means taking the pressure of doing everything in one
go. The buyer has to pay in advance a certain percentage of the condo’s full price going
towards the down payment, similar to a deposit. The buyer can then move in and start
paying the regular pre-agreed on installments over a determined period of time or until
the price is paid in full.
Renting to own a condo is a brilliant idea, especially if you are looking to move away
from noisy neighbourhoods that many times are unsafe and from houses that can be
quite old and require refurbishments and extra costs. Condos are modern properties,
many equipped with the latest appliances and have an overall fresh and modern look
and feel. Additionally, buildings usually incorporate luxurious amenities that will make
you feel like you’re at a resort, including spa, pool, clubhouses, barbecue areas,