29 Duval Crescent
Red Deer, Alberta T4R2Y6
2 beds• 2 baths• 1,041 sqft
Description
5 bed, 2 bath bungalow sitting on a huge lot with tons of space to work with. The main floor has a bright, easy flow with a good-sized living area and a kitchen that’s got plenty of cabinet space. You’ve got 3 bedrooms up, and the basement is fully developed with a big family room, 2 more bedrooms, and another full bathroom—works great for a growing family or just having that extra space.Shingles have already been updated, which is a nice bonus. Outside, the yard is oversized and gives you a lot of options depending on what you want to do with it. Close to parks, schools, and all the everyday stuff you need. (id:39198)
Facts & Features
● Building Type
House
● Year built
2001
● Square Footage
1,041 sqft
● Stories
--
● Bedrooms
2
● Bathrooms
2
● Parking
3
● Neighbourhood
Davenport
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
12 days
Brokerage Name: RE/MAX real estate central alberta
Home price
$387,000
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
$3,508/month
The payment includes
Rent
$3,024
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$483
Each month, $483 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
$448,001
Cumulative Down Payment
$22,400
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$17,400
Buyback Price
$406,350
Cumulative Down Payment
$10,800
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,800
Buyback Price
$426,668
Cumulative Down Payment
$16,600
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,600
Buyback Price
$448,001
Cumulative Down Payment
$22,400
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$17,400
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
$3,508/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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