It’s A Simple Process
- Buyer and Apex sign a Purchase & Sales Contract
- Contract valid for 5 years – purchase price is frozen
- Buyer and Apex sign a 5 year Rental Agreement
Buyer makes 5% down payment if you are renting one of our listings. A 10 percent non-refundable deposit is required for all other listings.
Down payment – held in escrow towards future purchase
Buyer begins making monthly payments to cover the mortgage held by Apex
Example: exclusive buy-option when exercised at the end of year 5