47 Escott Close
Red Deer, Alberta T4R2J9
3 beds• 3 baths• 1,252 sqft
Description
Growing family or looking for revenue property? 3 bedroom home with garage in Eastview Estate, a gas fireplace located in living room. Good size dinning area next to the kitchen. Washer & dryer are in the same room with the 2 pieces bath on main floor. You will find the master bedroom with ensuite and two more bedrooms and the main bath on 2nd floor. Brand new Vinyl fence installed in August, new paint, new carpet on stairs, hallway and 2 bedrooms. new vinyl planks from entryway to Livingroom, 35 years Asphalt shingles is less than 10 years old. (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
1991
● Square Footage
1,252 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
3
● Parking
1
● Neighbourhood
Eastview Estates
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
59 days
Home price
$329,000
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
$2,955/month
The payment includes
Rent
$2,565
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$390
Each month, $390 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
$380,859
Cumulative Down Payment
$19,043
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,043
Buyback Price
$345,450
Cumulative Down Payment
$9,681
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,681
Buyback Price
$362,723
Cumulative Down Payment
$14,362
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$9,362
Buyback Price
$380,859
Cumulative Down Payment
$19,043
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,043
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
$2,955/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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Have Questions About Rent-to-Own? Let's Talk.
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