Red Deer, Alberta T4P2R1
3 beds• 3 baths• 1,154 sqft
FIRST TIME HOME BUYERS OR INVESTORS! This is a well kept semi-detached home in a lovely neighbourhood. This home is nice and bright and has newer windows throughout. The main floor has a large living room, kitchen/dining room, and 2 piece bathroom. There are three great sized bedrooms and full four piece bathroom upstairs. The basement has one bedroom, large rec room, and two piece bathroom. There's a covered back deck and fully fenced back yard. There's plenty of off street parking for everyone. You're close to many amenities nearby. This is a lovely family friendly neighbourhood! (id:39198)
● Building Type
Duplex
● Year built
1980
● Square Footage
1,154 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
3
● Parking
4
● Neighbourhood
Glendale
● Land size
--
● Heating type
Hot Water
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
25 days
Home price
$295,000
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
$2,692/month
The payment includes
Rent
$2,356
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$335
Each month, $335 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Here is the final price if I buy the house after:
Buyback Price
$341,499
Cumulative Down Payment
$17,075
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$12,075
Buyback Price
$309,750
Cumulative Down Payment
$9,025
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,025
Buyback Price
$325,238
Cumulative Down Payment
$13,050
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$8,050
Buyback Price
$341,499
Cumulative Down Payment
$17,075
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$12,075
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
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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