Hello All
We too have the view that it is not for government or a lender to resolve the deposit shortfall. This is a strong, but fair comment. AffordAssist INTEREST FREE Deferred Deposit Solution is a community centric approach.
Over the past 7 years, AffordAssist has engaged with the selling community; agents, owners, conveyancers and developers about the housing crisis and the difficulty saving for a deposit. Asking to consider AffordAssist; Deferred Deposit Property Sale.
Something beautiful happens, not surprising we are Aussies…
Yes really, there are ‘some’ property sellers (established and new properties) that get it. Helping Our Next Generation into home ownership directly impacts on family, intergenerational wealth, social-fabric and economy. And, are willing to pay it forward. ‘Some’ are enough.
AffordAssist provides a proven present-day deferred deposit solution; a proprietary Deferred Deposit Agreement (DDA) between the property seller and buyer for the amount needed to secure a loan, without increasing risk to the 1st mortgage lender. The DDA offers safeguards for the buyer and seller.
Put simply, AffordAssist replaces the need for the full cash deposit, making it possible for purchasers to buy today (from willing property sellers) with an initial part-deposit and to pay the balance of the deposit most typically within 60 months, and always without interest. Property purchasers will have 100% ownership of the title.
Click here to view website: https://www.affordassist.com/
B2B – AffordAssist provides and manages the governance process. 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
PAY IT FORWARD to the NEXT GENERATION
