rent2own australia

With today’s inflated real estate prices, many hopeful home owners are stuck renting as they experience difficulties securing home finance as they don’t pass the bank’s strict lending criteria and others, simply can not afford a large cash deposit.

Rent-to-own is a long-established technique for helping people purchase property and is becoming increasingly popular as house prices spiral upwards. Put simply, rent-to-own allows you to rent your home whilst you are also paying it off.

There are major benefits to house purchasers using a rent-to-own system:

Any accrued equity in the house price belongs to the purchaser, which isn’t the case for people who rent as it is the landlord who benefits from increasing house prices.
Rent to own plans are normally established with small deposits and some do not even require a deposit.
Rent to own purchasers are able to decorate the house without the previous consent of the landlord.

Self-employed individuals, new citizens to Australia, those who do not have a valid savings record and those with past credit issues are able to become home owners through rent-to-own plans.

An example of rent-to-own follows; a purchaser rents a house at $250 per week for four years and simultaneously pays a small weekly amount to the owner towards the house purchase deposit. After four years the agreed price of the house is acquired through external finance and the house ownership is transferred. The amount still outstanding to the seller is the agreed price of the property less deductions made for agreed applied rent credits

Check our rent 2 own classifieds below for current available homes.

Please contact Ben Chislett by
filling in your details below.

Name:

Contact Phone Number:

E-Mail Address:

State & Suburb of interest:
(in Australia)

Estimated Income per week:

applicant 1

applicant 2

Employment basis of each applicant: (full/part time, casual, contractor,
self-employed?)

applicant 1

applicant 2

What is the BEST you can do with the amount of deposit you can put towards your own home:

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classifieds

South Australia
Kurralta Park \| 5037
BRAND NEW 2 storey, 3 bedroom, 2 bathroom, double garage, reverse cycle ducted heating and cooling house in sort after Kurralta Park. 10 mins to the beach, city and airport is in nice quiet tree lined street. Move in with your bags and enjoy all the mod cons this property has to offer. *********************SOLD**************************
Price:$615pw
Shiedow Park \| 5158
4 Bedroom house with ensuite, two living areas, main living area opens onto pergola great for BBQ's and entertaining. Ducted A/C and heating. Property is in a great location close to schools, shops and public transport. It's also in a quiet area. Property has just become available as of 19/11/2007, please call Ben on 0434830842 to discuss inspection times. ***************Sold**********************************
Price:425 pw
Modbury \| 5092
3 bedroom house recently renovated with new floorboards throughout. large shed with power, on 600sqm with low maintainance yards. Low Deposit, $410 p/w, $110 credit towards purchase, 12 months to complete. Call Ben 0434830842
Price:$410 p/w
Renmark \| 5341
3 Bedroom, 1 bathroom brick veneer home on large block. Close to all town facilities and schools. Call Ben 0434830842
Price:$275 p/w
New South Wales
Dulwich Hill \| 2203
405 New Canterbury rd Dulwich Hill : corner 3 bedroom upstairs+ shop down stairs, 2 parking space at the back, 165sqm2 land. Rent to Own $1,110/week, 30% rent credited towards purchase. Call Ben 0434830842
Price:$1,110 P/W
Croydon Park \| 2133
233 George River rd, Croydon Park: corner shop with DA approved for second store 180sqm2 shop. Rent to Own. $795/week, 50% rent credited towards purchase. Call Ben 0434830842
Price:$795 P/W
Glenmore Park \| 2745
83 Arberdeen Crt. Glenmore Park: 4 bedroom, 2 1/2 baths, double LUG, 500sqm2 land. Rent to Own. $795/week, 50% rent credited towards Purchase. Call Ben 0434830842
Price:$795 P/W

rent2own classifieds - Last updated 14.05.2008