President’s Corner / Helping Canadians Find Their Way HomeBy Jeff Belanger, President, Canadian Association of Rent-to-Own Professionals Happy Canada Day! Canada Day is a celebration of opportunity, resilience, and community. It reminds us why so many people choose to build their lives in Canada and why homeownership continues to represent one …
Celebrating the Professionals Helping Canadians Find Their Way Home Read More »
Rent-to-Own is no longer a niche conversation in Canadian real estate. Across Canada, affordability pressures continue to challenge aspiring homeowners. While some markets have stabilized and others have experienced renewed competition, many Canadians still find themselves caught between the desire to own a home and the ability to qualify for a mortgage today. Interest rates …
Why Rent-to-Own Is Becoming Essential in Canadian Real Estate Read More »
It is interesting to note for Canadian real estate investors that rent to own is also gaining much attention in other countries. A recent New York Times article Divvy Wants to Make Rent-to-Own Deals Easy. Many Customers Find Them Hard highlighted some challenges faced when a company expands too fast or perhaps misunderstands how the model works. …
By Zach Cahill As professional Rent to Own providers, we strive to set up successful Rent to Own programs across Canada and ultimately help more Canadians achieve their goal of Homeownership. One of the questions we get all the time from our Investors and Future Homeowners is ‘What if (insert your fear) happens?* The fact is, there …
A very important part of having a successful Rent to Own investment is having the tenant-buyer learn about budgeting and financial literacy during the Rent to Own term and hopefully how to avoid getting into the trap again. Below are several resources easily available on Financial Planning, Debt Solutions and Resources for your Rent to …
CAROP Member Dino Orchard shares why he Loves Rent To Own and how he got started in real estate investing. He also shares a story and how he helped a family with Rent to Own. He was able to make a significant change in a family’s life with homeownership.
Rent to Own is often called a creative real estate financing strategy. And so it is. And we all have our own templates for putting clients through the process. But sometimes we need to be even more creative than our already creative modals. We probably all have stories of stepping outside the box of our …
Inviting applications for promotion When the Canadian Association of Rent to Own Professionals was formed in the fall of 2012, the founding members thought it a good thing to set up several membership levels, reflecting the members’ history and success, as well as the length of their commitment to professional operation, as reflected in their …
October 29th was a rich day for members and guests of CAROP, as we enjoyed another annual “summit.” Because of the lingering pandemic, it was again entirely virtual, a 7.5-hour Zoom conference. Four invited speakers dominated the agenda, two from within our group and two guests, with input that encouraged and challenged us. The day …
