Rent To Own Is Helping Many!
More and more Canadian buyers are turning to alternative options like Rent To Own to acquire a home. We can certainly see this as our sign up has increased by just about 3 folds. And it is the same old story…The bank says no… If you are self-employed, the hoops the bank will make you jump through is beyond
your wildest imagination. I know, I have been down this path. The worse part is that if you own your business and are hiring and have lets say 10 employees working for you, these employees will have no problem getting a mortgage (providing of course they can prove employment and so on).
Rent To Own, The Sad Truth
But you, as a business operator, even though you are paying your employees every month like clock work and for years perhaps, have to go through the mill. This is not a fun experience. Is it fair? Hardly; but it’s a fact. Your employees will get a mortgage, but you may not; it depends on a lot of criteria… Talk about rejection! And our government is the one that says that the small enterprise is the backbone of this country. Maybe, but the bottom line is “government and banks really don’t care” All involved wants to insure that at the end of the day, they get their pound of flesh and tax dollars. So, it is one of the reason why Rent To Own is so popular. This is one example. Our Rent To Own program is designed to help you the self-employed, just check it out. There are many reasons, and over the next few weeks, I will go over more example as of why people are turning to Rent To Own.
