JAAG Properties Rent to Own
The JAAG Properties rent to own model is not intended for long-term renters or those who earn less than $50,000 per year. However, the JAAG model has worked well for motivated homebuyers who can afford a down payment and monthly mortgage payments. To date, 15 families have successfully completed the rent to own process with the help of the rent to own program. Wissink and Salemi are also founding members of the Southern Ontario Real Estate Investment Training club and diamond members of the Canadian Association of Rent to Own Professionals. These two real estate professionals are also actively educating other real estate professionals about the benefits of the rent to own approach.
JAAG Properties is an Approved Diamond Level Member with C.A.R.O.P.
JAAG Properties Inc. is a Canadian real estate development company that offers exceptional investment opportunities for homebuyers and investors. Its rent-to-own mortgage program eliminates the fear of rejection and gives people the opportunity to own a home today. This loan program also allows individuals to lock in the price of their new JAAG Properties rent to own home and secure their financial future.
It offers a hassle-free investment opportunity
JAAG Properties rent to own offers streamlined investment opportunities. As a third-party partner, investors put up capital, but JAAG Properties does all the work. The company handles all the maintenance and management, leaving the investor free to focus on other aspects of their life. In fact, the company has a proven track record of helping individuals and families achieve their dreams of homeownership.
The Canadian housing market is notoriously difficult to navigate. For those with bad credit or those who are self-employed, JAAG Properties rent to own offers a unique alternative. JAAG aims to break down traditional barriers and create a new way to view real estate investments and homeownership. This innovative tool is well worth exploring. Its creators, TreeTown Media Content Studio, believe in making homeownership accessible to all.
It has restrictions compared to purchasing a home outright
One of the most important benefits of a rent-to-own agreement is that it allows you to keep the house and build credit or income. Rent-to-own agreements also give you the opportunity to get a better mortgage rate when the rent period is over. However, if you don’t end up buying the house, the restrictions of this type of agreement are more restrictive than those of purchasing a home outright.
The main drawback to a rent-to-own contract is that you may overpay for the house, losing the money you earned toward the purchase price. Additionally, you’re likely to run into problems with your appraisal. No bank will agree to a mortgage that is more than the home’s market value. You will have to pay the difference at the end of the contract.
It charges a premium
One of the advantages of renting to own a home is that it allows you to make regular payments toward your down payment. While this can be a great option for those who aren’t quite ready to take the plunge and purchase a home, it also means that you are responsible for maintaining the property. In some cases, rent to own homes will require you to pay a small upfront fee, but this is often worth it in the long run.