Red Deer, Alberta T4P1L2
3 beds• 2 baths• 1,133 sqft
Incredible location! This home sits on a huge 70x143 that backs onto a wooded area and has a very private backyard with lots of huge trees. The home has a good sized living room. The kitchen has an abundance of pine cabinets and an island. The eating area has patio doors out to the deck and there is also a separate back entry. There is a 4 pce bath on the main and 3 bedrooms; the primary has a 2 pce ensuite. Downstairs has a good sized family room with 2 big windows, 2 flex rooms and a laundry area. The attached garage is 16x24. (id:39198)
● Building Type
House
● Year built
1976
● Square Footage
1,133 sqft
● Stories
--
● Bedrooms
3
● Bathrooms
2
● Parking
1
● Neighbourhood
Pines
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$409,900
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
$3,726/month
The payment includes
Rent
$3,205
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$520
Each month, $520 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
$474,510
Cumulative Down Payment
$23,726
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,726
Buyback Price
$430,395
Cumulative Down Payment
$11,242
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,242
Buyback Price
$451,915
Cumulative Down Payment
$17,484
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,484
Buyback Price
$474,510
Cumulative Down Payment
$23,726
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,726
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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