Living in Cairns is a dream for many. It's the gateway to the Great Barrier Reef and some of the most beautiful beaches in all of Australia. However, with the rising demand for housing, many people are being priced out of the market. Owning a home in this part of the country isn't feasible for those who cannot afford to put down a large deposit. In such cases, a rent to buy house in Cairns may be the best option.
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<h2>Who is PublicSquare Made For?</h2> <p><a href="https://www.publicsquare.com.au">PublicSquare</a> was formed to bridge the gap between renting and homeownership on our <a href="https://www.publicsquare.com.au/homebuyers/products/rent-to-own-homes" target="_blank">rent-to-own home service</a>. We adapted the <strong>rent to buy property </strong>model when we saw the need for a better path to becoming a homeowner. With property prices reaching an all-time high, we love that we can give our customers the opportunity to move in now and buy later.</p> <h2>Rent To Own Home in Cairns: How It Works?</h2> <ol> <li>You find your dream home and secure it for 1.1% Incl. GST</li> <li>We will help guide you and the owner of the property through the transaction.</li> <li>Once the deal is done, you can move in as soon as the property is ready. If it's a brand new home that might mean waiting a couple of months until the home is completed. Or if it's an existing property, until the current tenant moves out.</li> <li>You pay your usual rental payment plus 50%. This 50% extra rent accumulates into your deposit. In years 4-8 of your tenancy agreement, you can find the right lender and buy the home outright.</li> </ol> <h2>Rent to Buy Property in Cairns: What will it cost you?</h2> <p>Besides the initial kickstarter of 1.1%, you'll pay a legal fee to your solicitor (usually under $1,000) plus bond to the property manager and a weekly support fee of $25 to PublicSquare.</p> <h2>Will your rent to buy house in Cairns increase over time?</h2> <p>You can buy the home at your own pace within years 4-8 of your tenancy agreement. The final purchase price will be determined by an independent valuer who assesses the prevailing market prices, with all your contributions being deducted from the sale price.</p> <h2>Don't Pay Someone Else's Mortgage</h2> <p>Rent is dead money so why waste your time doing things the usual way and paying someone else’s mortgage when you can start to build your own wealth? Get ahead now and put your feet firmly on the property ladder with PublicSquare. PublicSquare has already helped customers start to <a href="https://www.publicsquare.com.au/homebuyers/products/rent-to-own-homes/qld" target="_blank">rent to buy houses in Queensland</a>, and <a href="https://www.publicsquare.com.au/homebuyers/products/rent-to-own-homes/qld/sunshine-coast" target="_blank">rent to buy houses in Sunshine Coast</a>. Start the pre-approval process and get in touch with us if you have any questions about our <strong>rent for keeps homes in Cairns</strong>.</p>
