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The South Shore of Montreal is an attractive place to live and buy property. This spot is convenient to access, which is great for commuters traveling in and out of the area. Experts have suggested that the population of the South Shore will continue to rise over the next few years, constituting an increase in prices of real estate as well. Now is a great time to invest in real estate property and begin building equity in a home in St. Lambert, Longeuil, Brossard, St. Hubert, La Prairie and other areas of the South Shore.

Those who are looking to purchase property in this area may have realized that traditional lenders and banks have very stringent rules and expectations when approving consumers for a mortgage to finance a property. For those with a poor financial history, getting a traditional mortgage may be almost impossible. There are options available to help consumers finally become homeowners. A rent to own  home South Shore program may be the perfect option for those who have a hard time getting a mortgage to finance a home.

Rent to own home programs allow people to buy homes without having flawless credit scores or huge amounts of money for a down payment. These programs allow people to enter into a contract where they essentially pay “rent” with a portion that is actually going towards the equity of the home. After the contract period is over, they have the option to buy the house for the pre-determined price and finally own the home fully if everything in the contract has been adhered to.  Any increases in home values will benefit the purchaser, since the price of the home is pre-determined and they gain from any rises in home prices above that.  The reputable rent to own companies will also help you improve your credit score, making it easier to get the mortgage when the time comes.

People who enter into these rent own South Shore contracts will have the responsibility of paying their monthly payments on time every month, and take good care of the property without making any major changes to it without permission from the owner. If, for some reason, at the end of the contract the “renter” decides they do not want to purchase the property after all, there is no obligation. They can simply walk away from this opportunity if they see fit.  Lease to own is a great way to become a home owner faster, as you get to go shopping for a home as soon as you are approved.  Generally, you need a good income and at least 5% down to qualify.

Why rent when you can own? Call Muxaro today and see how they can turn your dreams into reality and finally be a homeowner.  Visit www.Muxaro.com or call: (514) 225-6706.