52 Roland
Red Deer, Alberta T4R3K9
3 beds• 2 baths• 924 sqft
Description
This home which has 3 bedrooms on the main floor has seen much living. It is anxiously awaiting the next owner to upgrade it and capitalize on this great location. Can easily be be 4 bedrooms, and it has 2 bathrooms. 2 Sheds with one shed an excellent shop. First time home owners looking for sweat equity, this is it. (id:39198)
Facts & Features
● Building Type
House
● Year built
1986
● Square Footage
924 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
2
● Parking
1
● Neighbourhood
Rosedale Estates
● Land size
--
● Heating type
Forced air
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
28 days
Brokerage Name: RE/MAX real estate central alberta
Home price
$330,000
Initial Deposit
I want to start the program with
an initial down payment of
Minimum 2% of the home price or $5,000 whichever is higher
The higher the initial deposit, the lower the monthly payments
Your Monthly Payment
$2,965/month
The payment includes
Rent
$2,573
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$392
Each month, $392 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Buyback
Here is the final price if I buy the house after:
Buyback Price
$382,016
Cumulative Down Payment
$19,101
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,101
Buyback Price
$346,500
Cumulative Down Payment
$9,700
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,700
Buyback Price
$363,825
Cumulative Down Payment
$14,401
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$9,401
Buyback Price
$382,016
Cumulative Down Payment
$19,101
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,101
There is no minimum rental terms. You can buy back the home anytime throughout the 3-year standard rent-to-own term!
Rent-to-Own This Home for
$2,965/month
This home is listed on realtor.ca. Requity Homes doesn‘t own it—yet. But if it fits your budget and meets our criteria, we can buy it for you through our rent-to-own program.
You move in with as little as 2% down. Part of your monthly payment builds your future down payment. You can buy back the home anytime throughout the 3-year standard rent-to-own term!
No Hidden Fees, No Hidden Costs - Requity pays legal fees, title insurance and land transfer tax when Requity buys the home upfront. Client pays for inspection.
Client initial deposit is applied directly to the down payment when clients are ready to buy the home.
Few ways to reduce your monthly payments
• Look at homes with a lower price
• Put down a higher initial down payment
• Sublet the rooms for extra income
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