HOME IMPROVEMENT Important Things To Know About Rent-to-own Condo Kaset November 25, 20212 Min Read admin Add Comment Share This! Are you facing difficulties while purchasing the condo because you don’t qualify for the mortgage? A smart solution is a rent-to-own plan, which will give you the necessary time to gain eligibility for the mortgage n a few years and claim complete ownership. But there are factors that you must understand before entering into an agreement of rent-to-own Condo Kaset [คอน โด เกษตร, which is the term in Thai]. Calculation of payment price Financial crunch is the main reason for entering into the agreement. But if you don’t understand the pricing calculation of this matter, it is pointless to sign the agreement. Usually, you and the seller will agree on a purchase price, which is usually based on the present market rate or a little higher than that. This setup will lock the purchase price and won’t leave any opportunity of increasing the price depending on the future market. Otherwise, you can also settle on a price when the lease expires. However, the risk of paying more remains higher in the latter. Rental payments do work During the lease period, you can agree to pay the full amount of your rent so that a percentage of the same will go towards the purchase price. This will be the ret credit, which is usually somewhere around 25% of the rent amount. Over a span of 3 years, it can be a considerable amount. Check the maintenance Although each arrangement for rent-to-own Condo Kaset [คอน โด เกษตร, which is the term in Thai] will be different, you may be responsible for potential maintenance during the renting period. Since you are technically renting, you will need the rental insurance, too, so that you get the coverage for any property loss. You can also have to pay the homeowners’ association fee and the property tax. You may also like HOME IMPROVEMENT Trendy High Quality Windows in Mafra Oeiras Lisbon November 27, 2021 HOME IMPROVEMENT Benefits of hiring a yard waste dumpster November 1, 2021 HOME IMPROVEMENT Want to experience the finest service of plumbing? October 31, 2021 About the author VIEW ALL POSTS admin Add Comment Click here to post a comment Contact Us Your Name (required) Your Email (required) Subject Your Message Archives November 2021 October 2021 September 2021 August 2021 July 2021 June 2021 May 2021 April 2021 March 2021 February 2021 December 2020 November 2020 September 2020 August 2020 June 2020 May 2020 April 2020 March 2020 February 2020 December 2019 October 2019 July 2019 Categories Decor & Design Featured Flooring and kitchen Home Improvement Landscaping & Gardening Packing & Moving Real Estate Copyright © 2019 SuarezHousing.com / All Rights Reserved. Benefits of hiring a yard waste dumpster Trendy High Quality Windows in Mafra Oeiras Lisbon COMMENT