Red Deer, Alberta T4R2H8
3 beds 3 baths 1,056 sqft
Affordable and a great place to start. Fully Developed 1/2 duplex with a super single detached garage in the quiet SE neighborhood of Eastview Estates. 3 bedrooms 3 bathrooms including the 3 PC ensuite. Good size living room on the main that looks out onto the front yard. Cozy galley style kitchen with dinette that allows access to a 12' deck. New fridge and stove approx 1 yr ago. Large primary bedroom plus 2nd 3rd bedrooms of good size. Basement development features large rec room, built in laundry area, separate den and storage room. Plenty of space for every one. Private fenced yard completed with vinyl fencing and a new vinyl shed. Low maintenance Astro turf enhances the landscaping. Garage has a newer upgraded quiet door lift. Pex plumbing completed, easy care living, and fire place unit included. (id:39198)
Home price
$329,900
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
$2,964/month
The payment includes
Rent
$2,572
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$392
Each month, $392 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
$381,900
Cumulative Down Payment
$19,095
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,095
Buyback Price
$346,395
Cumulative Down Payment
$9,698
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,698
Buyback Price
$363,715
Cumulative Down Payment
$14,397
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$9,397
Buyback Price
$381,900
Cumulative Down Payment
$19,095
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,095
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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next steps toward homeownership.