Under new government lending rules, mortgages can only be provided to bankrupt persons three years a

In Canada's hottest condo market, one developer is claiming asia travel agent to be Toronto's only builder offering the option to those seeking to secure a down payment on a home of their own. The Daniels Corporation said it has received an "overwhelming response" for its north-end NY Place rent-to-own suites.
Under new government lending rules, mortgages can only be provided to bankrupt persons three years after they've started re-building their credit. Self-employed individuals, meanwhile, need at least two years experience running their own business before getting approved.
Investors are also protected if tenants decide not exercise their option to buy the property once the option expiry date rolls around by selling the property. Any payments made by the tenant can be used to cover the fees associated with selling a home.
To avoid problems, Singh suggests investors screen their tenants carefully. Hopeful homeowners should keep in mind that they may lose all the money they put toward the house if they decide not to stay in it.