Do you RENT a Furnace or BUY a Furnace? ??

Do you RENT a Furnace or BUY a Furnace? 

We recently came across a few homes for sale that had rental furnaces. No buyer wants to buy a property with a rented furnace.

A typical furnace cost anywhere between $4000 to $6000 for a brand new unit??. Sure the monthly payment might sound sweet however the buyout on a typical unit can range from $16,000-$20,000.

If you are thinking of getting a new furnace and don’t necessarily have the finances. Talk to your bank about a line of credit or additional financial options. It’s always great to stow away money for these kinds of maintenance upgrades. 

ℹ️If you have any questions or would like a recommendation for a furnace company, please reach out to the Hamre Real Estate Team. We would be happy to assist you.

You can also visit our website at www.WeKnowOttawa.com????

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