condos for sale

Acquiring a Condo Rent to Own in NYC If you are considering purchasing a condo rent to own, you have many choices readily available. DMCI Homes is among the largest service providers of these properties in New York City. The firm provides rent-to-own apartments for a portion of the price. Nonetheless, there are some guidelines to follow, such as making your repayments on time and avoiding late fees. Down payment is required The first thing to recognize is that a down payment is not always needed for a rent-to-own apartment. While there are some New York City rent-to-own apartments that do not require a down payment, the majority of need a minimum of 20%. Lenders will typically insist on a bigger down payment due to the fact that they intend to be sure that the purchaser will have the ab...