Maternity Leave to Homeowner in 24 Months

“What an amazing feeling to be a homeowner and to know that everything you've worked for over the last two years is really coming to fruition.” - Raquel

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Meet Raquel and Joseph, a vibrant family of three based in Sault Ste. Marie, whose journey with Requity Homes started with a call in Toronto and ended with them owning a home within 2 years.

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A Homecoming Journey

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After living in Toronto, the couple decided to return to Sault Ste. Marie to be closer to family and were eagerly expecting a new addition to their family. Joseph, dedicated to his role at Food Basics, earns a stable income, while Raquel is currently on maternity leave, eagerly awaiting the arrival of their newest family member.

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Rent-to-Own: A Pathway to Homeownership

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Despite having stable income, traditional mortgages were a challenge due to a combination of a lower credit score and the need for a 20% down payment required by alternative lenders. Undeterred, Raquel and Joseph turned to Requity Homes and began the rent-to-own program for a 2-year term.

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Saving diligently, the couple managed to put away $400 each month, steadily building towards their down payment goal. By the end of the program, they were able to successfully save 15% of the down payment.

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Unlocking Potential Value

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Raquel and Joseph have been able to turn a house into a home over the past 2 years. The property, nestled on the west side of Sault Ste. Marie, has been perfect for the young family to reconnect with the city and settle down. Over the past year, Raquel and Joseph have invested their time and effort into their own home. The estimated current value of the property stands at $230,000+, reflecting over $50,000 in potential equity built.

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The Heart of Homeownership

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For Raquel and Joseph, homeownership is not just about bricks and mortar but the fulfillment of a dream to provide a stable and loving environment for their growing family. The journey with Requity Homes has brought them closer to their goal and allowed them to put down roots in a community that feels like home.

Raquel and Joseph are a perfect example of what's possible for others facing similar challenges. With the support of Requity Homes, homeownership is not just a dream but an achievable reality.

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