Colmac Properties Rent to Own program
puts your money in your pocket.
Rent to Own your own home is an excellent alternative
to home ownership and ensures that your money stays with you.
About Us
Established in 2003, Colmac Properties has built a solid reputation in the real estate industry. Our involvement in real estate has been diverse and has included property management, rentals, construction, renovations, and RRSP self-directed mortgages.
As our experience in real estate expanded, we recognized that owning a home is a great achievement that many hope to achieve. Colmac Properties has always had an interest in helping others; our desire to help others has led us to create the Colmac Properties Rent to Own Program.
Our Services
Rent To Own
Rent to Own is a great option for those that would like to own their own home, however are unable to use traditional finance options. There are lots of ups and downs situations in life and here is one that should point you in the right direction. Are you in a position where your finances have been compromised; such as a divorce, bankruptcy, newly immigrated, self-employed, new to the working force or any other situation in which you are unable to qualify for a regular mortgage?
Invest With Us
Are you looking for a solid investment and have determined that real estate is the vehicle? You have made a good decision. Have you ever wondered how to make an excellent return on your money? I know I asked myself that question and have since realized that real estate is a good answer. Real estate can provide excellent returns with a very low risk.
FAQs
How much does this program cost?
The range is dependent on range of Home Purchase Price however a summary of fees are listed below.
- Non Refundable Deposit for Option to Purchase: $6,000 to $15,000
- First and Last month’s rent: $1,250 to $2,500 per month
- Non Refundable Rent Credit amount included in the monthly rent: $200 to $500 per month
What about my dog?
Completely welcome – all of your pets are welcome in YOUR HOME!
What happens if the hot water tank breaks?
We will do our best during the process of the purchase and at the home inspection to ensure that any major questionable items are exposed and discussed. However once you are living in the home, just like a regular home owner all of the regular home expenses, regular maintenance and repairs will be your responsibility.
What about the Property Taxes?
We will pay the property taxes and the cost will be covered in your monthly rental fees.
