Buy a home in Saskatoon through our Alternative rent-to-own program.
Reen Homes is one of the best real estate investment companies.
Our ultimate goal is to help anyone own a home.
It is a dream come true to own a property in Saskatoon, SK.
The city has a great life, called the City of Bridges, you will be able to blend in with nature. There are plenty of employment opportunities in the city. The economy is great and this has presented many opportunities across all sectors.
In terms of the costs of living, it is better to live in this great city than many cities in Canada.
With all those advantages, many people are always looking for homes to buy in the city. A small percentage of home buyers are able to qualify for the traditional mortgage through A-lenders and banks.
There are many stress test considerations that banks and A-lenders use to qualify clients for loans which might not be well-suited for most of the home buyers and therefore, majority of the home buyers can only buy homes through our program.
How does our Rent to own Program work in Saskatoon?
There are basically 3 steps to home ownership and these are:
Home selection and initial agreements.
During this stage, we sit down with prospective clients and carefully understand the kind of home that they are likely to buy. Some of the home buyers are first time buyers. The client has to select the property they are interested in depending on their budget and several interests.
After the client decides on the property to buy, we lock in the purchasing price, these are some of the initial agreements to be discussed.
Leasing period.
After deciding on the property to buy, the client will move into the home for the agreed period. Each monthly payment made; the client also saves up for the down payment during the leasing period.
During this period, the clients will be able to build a strong credit score, save on down payment and be ready to buy their home at the end of the leasing period, the clients will be ready to put the down payment to own the property.
Ownership.
Before the end of the lease agreement, clients usually talk to the respective mortgage brokers to make the best selection of the mortgage that’s convenient for them. The clients will then put a down payment for the property and they will surely become the home owners.
It is simple to own a home. Whether you are self-employed or you don’t have an employment history, you can use our program to buy your dream home.
If you are a first time buyer and you don’t know how to start owning a property, this is the easiest way. Contact us today.