What is Rent-to-Own?
Find out how a Rent-to-Own could benefit you!
Connecting people and changing lives – One property at a time.
We bring Sellers and Future Buyers together to help create long-term solutions for immediate issues. We provide solutions that allow everyone to succeed in their property goals. Our system works for property owners and future buyers. This is a mutually beneficial scenario for any person that falls within our guidelines and criteria – Call us today to find out how we can help you.
Are you really getting tired of throwing your money away on rent but uncertain if you could get into a traditional mortgage? Do you dream of being a homeowner but have some blemished credit? We have solutions for you!
Do you need help filling a rental vacancy? looking to downsize your property portfolio? Or simply can’t sell a house that you have had listed on the market? We create a solution for you by bringing you a qualified Tenant Buyer.
How it works for Tenant Buyers
To qualify for a traditional mortgage with a bank, potential buyers need to have a good credit score and money for a down payment. Without these, buying a house in the traditional way might not be an option. We provide an alternative with our Rent-to-Own program. When a Tenant Buyer decides to do a Rent-toOwn, they agree to rent the home for a set amount of time before utilizing their option to buy the home when or before the lease expires. A Tenant Buyer will still be required to have a down payment for a Rent-to-Own, but it is typically much lower than the banks. We offer this program to help Renters overcome credit issues in order to become Home Owners.
We guide our clients through the process of surpassing their credit obstacles to become successful homeowners within 2 to 3 years. This isn’t just a program for those with bad credit! This is a program for anyone that wouldn’t be approved through a traditional method, for any reason.
Tenant Buyers choose the home and neighbourhood where they would like to rent and then own. During this process, the home is treated like their very own! A Tenant Buyer can decorate, paint, renovate and do what they wish to improve their future property. All maintenance responsibilities now belong to the Tenant Buyer (up to a maximum) and this home is their very own, home sweet home.
How it works for Homeowners
You’ve just found a new home, signed the offer to purchase and starting packing — you’re all ready now, right? Not if you haven’t sold your existing house first. You put it on the market, hold your breath and you wait – and at best, you will sell it before your new possession date. Then at the time of the sale, you will pay out hefty commission fees to a realtor.
We have an alternative solution for you! Put your house on a Rent-to-Own agreement with us. Collect your monthy rent directly from us, without ever having to deal with a tenant. Never handle small pesky maintenance or repair issues. We will find a suitable occupant for your home who intends to purchase it after their Rent-to-Own agreement comes to a close. Within a couple years, you will have collected ongoing monthly payments (Headache-free) and now, you will close the sale without losing on commissions.
Maybe you have multiple rental properties and are thinking of down-sizing your real estate portfolio? How about transitioning some of them into Rent-to-Own properties so that you can save on taxes, commissions and maintenance. You’ll give up the stress of being a landlord while maintaining your monthly cash flow.
How it works for Re-Focus Property Solutions
At Re-Focus, we provide all of the leg work for a Rent-to-Own agreement. We work diligently to keep up-to-date on all available properties and qualified Tenant Buyers to match them with. When you work with us, you can expect personal service to take you through the entire process. We prepare the contracts, we help facilitate the financing when necessary and we manage the communications and negotiations between the Homeowner and the Tenant Buyer. From start to finish, we’re with our clients every step of the way.