31 Oaklands Crescent
Red Deer, Alberta T4P0C4
3 beds• 4 baths• 1,713 sqft
Description
Great family home close to municipal playground in newer fully developed area close to #2 and #11 highways 3 bedrooms 4 bathrooms,large family room fenced back yard open concept living area oriented to the rear deck/yard.R/V storage in the rear yard. (id:39198)
Facts & Features
● Building Type
House
● Year built
2007
● Square Footage
1,713 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
4
● Parking
2
● Neighbourhood
Oriole Park West
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Brokerage Name: Royal LePage Network Realty Corp.
Home price
$559,000
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
$5,350/month
The payment includes
Rent
$4,386
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$964
Each month, $964 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
$647,112
Cumulative Down Payment
$39,711
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$34,711
Buyback Price
$586,950
Cumulative Down Payment
$16,570
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$11,570
Buyback Price
$616,298
Cumulative Down Payment
$28,141
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$23,141
Buyback Price
$647,112
Cumulative Down Payment
$39,711
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$34,711
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
$5,350/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
Recently Listed Homes in Red Deer, AB
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Have Questions About Rent-to-Own? Let's Talk.
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