Getting a mortgage is not easy nowadays. The banks have raised the qualifying requirements for applicants, and this has kept home ownership out of reach for a lot of people. This also makes it more challenging for sellers because now there's a smaller market of qualified buyers.
Rent-to-Own (aka lease-to-own/lease-option) can provide the stepping stone that helps buyers/tenants qualify for a mortgage, while helping landlords/sellers to increase the performance of their real estate investments.
This presentation will provide information on the pros and cons of the rent-to-own strategy, and identify the things that you should look for to help you decide if it's right for you.
Who should attend:
- Anyone wanting to purchase a home but may have trouble qualifying for a mortgage.
- Property owners that own rental properties and want to find a way to increase its performance as an investment.