Australian property sellers DO CARE about the Next Generation.
So much so, this SHIFT in thinking could ease the rental and housing crisis.
Hello All,
Could a shift in thinking ease the housing crisis and contribute to family mental wellbeing, intergenerational wealth, social-fabric and our economy?
No. Not more Gov legislation. Not more money. Not reinventing the existing systems.
Yes. This SHIFT in thinking can:
A thought; think of, pay it forward, that taps into the Australian spirit, and the estimated billions of dollars in equity.
The AffordAssist interest free deferred deposit solution is a community centric approach. Taps into the equity of willing property sellers to provide a combined loan and property deposit solution.
Our assumption:
AffordAssist took a risk. It assumes property sellers care enough about the next generation, have enough equity or would be open to a Deferred Deposit Property Sale, i.e. the property vendor defer receipt of the balance of the deposit typically over a 60-months term, always without receiving any interest.
Actual experience, 7 years on:
Australians do care about the next generation, have enough equity and are open to at least consider an offer. A pleasant surprise or is that who we are; Aussies. With respectful communications, education, education and more education – our experience is ‘1-in-?’ property offers are settling with an AffordAssist deferred deposit solution. The ‘?’ is effort. Working together with an approved Buyer’s Agent represents the best possible opportunity for offer acceptance.
Governance + Systems:
For the mortgage broker it is business as usual.
For the agent it is also business as usual.
AffordAssist manages the deferred deposit.
Impact:
Who would have known. It turned out that something radical, something audacious, something with the Aussie spirit is exactly what is needed today. The AffordAssist interest free Deferred Deposit Solution is helping increase home ownership. And, our next generation.
AffordAssist is Enabling Home Ownership. Ideal for applicants:
- With an income but not the full cash-deposit (example, loans settled with less than 1%); and
- That are struggling to settle due to low valuation or other, with AffordAssist all settlements are possible.
Click to know more: https://www.affordassist.com/
AffordAssist is not a broker, developer or project marketer. Provide and manage the governance process. Have a panel of approved brokers. Are you a broker, lender, developer or agent? Join our mission to help increase home ownership. We welcome your team work; together we can help more into home ownership.
Kind regards
AA