Q: Is Creative Home Buyers Ltd. a good standing member of the Better Business Bureau?

A: Indeed YES.

Q: What kind of properties do you sell on Rent-to-Own?

A: Houses, townhouse and condos. From time to time, we do have houses available on acreage. We generally do not sell mobile homes, lots, floating homes or other non-conforming types of real estate.

Q: Where do you have listings for Rent-to-Owns? Do you have houses available in the Interior or on Vancouver Island?

A: For our residential Rent-to-Own program, we primarily service only Vancouver and the Lower Mainland including Squamish & Whistler. However, outside of this area, we may have only condominiums in multi-unit buildings available on Rent-to-Own. We normally do not have houses or townhouses available outside of the Lower Mainland & Whistler area.

Q: What will happen to our initial deposit and down payment credits if we can't complete the transaction?

A: It is our endeavour at CHB to do whatever it takes to help you take ownership. With our association with Ambro & Associates Mortgage Consultants Ltd., a leading mortgage brokerage firm here in Vancouver and on the same very floor as our offices, we will look at all avenues to help you complete. Ambro & Associates works with several banks, trust companies, life insurance lenders, credit unions and private investors. If required, CHB may entertain ourselves to help you in secondary mortgage finance.

If however, after all possible avenues have been looked at and your still not in a position to qualify for whatever reason, you may lose your deposit similar to car leasing and you will not be entitled to your monthly down payment credits as well. However, at time of negotiations, Creative Home Buyers Ltd. is open to all offers and may accept a clause to provide for a full refund of the initial deposit only. If we are given 4 months notice and if the property is returned to us in the same condition or better as when you received it (for example, perhaps you have decided to move to Ontario to accept a once in a lifetime job).

Q: Forget about the ownership, do you have simple rentals available?

A: Generally no. CHB is not a rental agency, you may wish to try your local paper. However, we do have the odd rental available from time to time, and it is usually only available on a short-term basis.

Q: Are your contracts legal?

A: Yes. For buying on Rent-to-Own, we use a standard real estate contract of purchase and sale similar to what you would normally use when buying direct with a realtor for example. The main difference is that the completion date is usually 2 or 3 years later rather than 30 or 60 days when buying direct.

Call us anytime at (604) 435-5555