Tenant / Buyer Information:
This is the house that a Husband & Wife and their 2 kids would like to move forward with. It’s about 4yrs old and is located in North-East Oshawa. Has a separate dining room and living room with gas fireplace. Eat in kitchen with a walkout to the fully fenced backyard.
The husband works in the credit card payment processing field as a business development manager and wife works at a daycare Centre as a teacher. They have a combined income of over $87,000 a year. The married couple will be putting down $6,000 on the house and will be paying $1,900/month with $300 in credits towards the down payment. They will be signing a 3yr lease.
They have agreed to the following buy out prices:
Buyout Price After Year 2 = $302,740
Buyout Price After Year 3 = $314,849