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Become a Home Owner Despite Your Bad Credit

Posted by samanthas on November 11, 2013 in Business, Home Living Tips with No Comments


Is Your Bad Credit History Holding You Back From Becoming a Home Owner?

It seems that mortgage stipulations from traditional lenders are becoming stricter, following the guidelines set by the Bank of Canada. These days it can be almost impossible to get approved for a mortgage if you don’t have a perfect credit score and an abundance of liquid cash to put towards a down payment. In essence, becoming a home owner with bad credit is nearly impossible when going about it the traditional ways through banks or credit unions.

bad credit mortgage MontrealSo what is one to do if you’ve got a poor credit rating and are serious about buying a home and in need of a bad credit mortgage Montreal? The answer is simple. Enlist the help of a team of experts who specialize in helping those with poor credit finally realize their dreams of becoming home owners.

Muxaro is a local, Montreal based company that specializes in helping people with bad credit become home owners. At Muxaro, they’re in the business of not only helping Quebecers buy a home, but also to improve their home buyers’ credit rating!

Muxaro has gathered a team of experts in every realm of the home buying sector, including real estate brokers, mortgage brokers, and financial experts.  They will help you determine the price point of a home you can afford so you will be able to comfortably make monthly payments. In particular, they specialize in rent to own programs, where bad credit is rarely an issue and no large lump sum of money is needed to put towards a hefty down payment.  You will, however, need a deposit and good income.

Instead of just paying rent to a landlord, a rent to own home program helps you to put a portion of your monthly “rent” payments towards building equity in your home! As you slowly build equity, you’ll also be repairing your credit rating at the same time.

Their mortgage experts will help you come up with a payment system that will help you reduce your overall debt and improve your credit score during the lease period. Once your “lease” period is over, you have the option to buy the home at a pre-agreed upon price, using your improved credit score and accumulated savings towards the down payment.  If the value of the home increases above the agreed upon price, you will gained equity in your home before you even buy it!

Call or go online today at Muxaro.ca to find out more about how their team of experts can help you become a home owner in Greater Montreal!  Call (514) 225-6706 to get started on the path to home ownership and financial security.

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Have a Good Income? Buy a Montreal Home – Even With Bad Credit

Posted by samanthas on February 11, 2013 in Home Living Tips with No Comments


Struggling to Get a Mortgage With Bad Credit?

Are you having trouble trying to secure a mortgage for your future home? Do you have a less than stellar credit history? Well, you don’t necessarily have to give up on your dreams of becoming a home owner. With the help of a rent to own homes program, you can make your home-owning dreams come true and get approved for the mortgage you need, even with bad credit. If you have a good job with a reliable and satisfactory income, you can get approved for a lease option to buy home and become a home owner sooner than you thought possible.

Until recently, having bad credit meant almost automatic rejection for a mortgage when dealing with traditional big banks and lenders. A poor credit history is usually associated with a negative stigma, particularly among lenders. Thankfully, there are options for those with a poor credit history.

Get Expert Help to Buy Your First Home

If you have a steady job that pays you an adequate salary, you are already in a positive position to get approval for a lease option to buy home. All you need to do is get the professionals from Muxaro to help you begin the process to buy a home in Montreal, including the West Island, South Shore and north of the city.

At Muxaro, we can make your dreams of finally owning a piece of real estate come true! Our team of real estate experts will sit down with you to evaluate your current financial situation and determine how much you can afford to spend on a home.  Instead of the traditional 20% down required by banks, you can usually get into a rent to own home for as little as 5% down.  Each month you pay your lease, with a portion going towards your equity.  As you make your regular payments on time, you improve your credit.

You can buy your home at the pre-determined price at the end of the lease period.  Any increase in home value over the pre-determined price is yours!  You can build equity before you even own the home!  Best of all, you get to live in your home during the entire lease period, making improvements and enjoying your own space as you start on your road to home ownership and financial security.

Call the professionals at Muxaro today at 1-514-225-6706  and get yourself on the path to improved credit and home ownership today!

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Become a Homeowner in Montreal – Even with Bad Credit

Posted by samanthas on July 20, 2012 in Home Living Tips, oakville ontario with No Comments


If you’ve been dreaming of owning a home in Montreal, only to be crushed by the fact that you’ve been turned down for a mortgage from your bank, there is hope. There are options for Canadians who have been unable to secure a traditional mortgage, whether it’s because they have a bad credit score, or have been bankrupt in the past, or have had other financial trouble in the past. At Muxaro, our team of professionals can help make you a homeowner and enable you to buy a home in Montreal even with bad credit.

Rent to Own Programs

For those who have found it difficult to buy a home with a traditional mortgage and large down payment, rent to own programs are a viable option. Rent to own homes is a way to get into your dream home now and start rebuilding your credit.  to help make homeowners of these Canadians. Muxaro is made up of a team of professionals that will help in every aspect of the home buying process. You’ll have experts help determine how much you can afford, then you go looking for your dream home within your budget.  They negotiate a fair price and inspect it to ensure it is adequate and safe to occupy. You’ll have experienced people acting on your behalf, to avoid first time home buyer’s mistakes.  They walk you through, step by step, and help you move into your dream home with a minimal down payment – usually around 5%.

Rent to own programs consists of a contract between the property owner and the purchaser, where a time limit is stated, as well as the agreed upon purchase price of the home at the end of the contract should the buyer decide to purchase the property. You can move in right away, make monthly payments that partially go towards your down payment and equity, and you can begin building equity and finally be a homeowner.

When you enter the lease to own program with the help of Muxaro experts, you can begin repairing your credit sore with each payment you make towards your home. When the ‘lease’ period is over and you have decided to buy the house, the mortgage experts can help you arrange a mortgage that you can afford. If the agreed upon purchase price is less than the current appraised value, this is to your benefit! You will have increased equity from the rise in home prices as well as your monthly payments, and a better credit score.

Call the experts at Muxaro at (514) 225-6706 or toll free at 1 (877) 825-1706 and let their team of professionals help you every step of the way to buy Montreal home bad credit.

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