<h2>Who is PublicSquare Made For?</h2> <p><a href="/">PublicSquare</a> was formed to bridge the gap between renting and homeownership on our <a href="/products/rent-to-own-homes">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 with a 3% kickstarter payment)</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 means waiting a few 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 alongside your initial 3% Kickstarter, into your deposit, After four years of residing in the property, and once your deposit reaches 10-20% of the home price, 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 3%, the only other out of pocket expense for you will be the legal advice report, which usually costs around $1000.</p> <h2>Will your rent to buy house in Cairns increase over time?</h2> <p>You can buy the home at your own paces within a 4-7 year timeframe. The final purchase price will be determined by an independent valuer who assess 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&rsquo;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="/rent-to-own-homes/qld/gold-coast">rent to buy houses in Gold Coast</a>, and <a href="/rent-to-own-homes/qld/sunshine-coast">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>