Vendor Finance - Seller Finance - Wraps

Ever wanted to own you own home but never quite got enough deposit or banks and lenders won’t give you a chance?

30% of the people wanting to get a home are currently "locked" out of the system by lenders.

Here are some of the reasons weve heard of that lenders have turned people down

• They do not have the 5 – 10% deposit required to get lenders approval.
• Impaired credit history (but have cleaned up your act since and are trying to prove you can do it but no one will consider you)
• Bankruptcy - 5 years of wiating before you can even get credit for a pencil.
• New immigrants and no credit or job history (but plenty of cash coming into the country)
• Businesses with less than 2 years trading history
• Do not like dealing with lenders lack of service or generic phone systems.
• Recently changed jobs but have never been unemployed a day in your life.
• Had the deposit and the market took off and deposit was no longer enough
• Spent the deposit on a car, home entertainment system, Family crisis or holiday.

How does it all work?

Seller Finance gives everyday people the opportunity to enter the home market and Prove to a lender that you can meet the payments & responsibilities of home ownership.

How long does it take to move in?

In a nutshell... around 10-15 days. This is the good part… Normally when you start looking at buying a home it takes around 3-6 months to get into one from the time you start with all the applications to the lenders, find a house to suit your budget, wait for all the legal paperwork to be processed and then wait for the settlement period to complete.

Using our “Seller Finance” system you simply fill in the paperwork and (provided you qualify) you could be moving in within 10– 15 days from the time you fall in love with the house. We have even had one family move in the same day as the paperwork was completed and deposit paid!

How much deposit do I need?

2-3% ... However as much as you can put in.... as it makes your repayments less. The more the merrier. Most first home owners put in every red cent they have as they understand that to get what they want takes sacrifice.

How much are the repayments?

This is depends on a lot of factors such as interest rates and how much deposit you put into your new home... however in most cases we try to tailor payments to similar as paying a bank loan off.

Whats in it for me?

1. The opportunity of a lifetime whereas currently you are perhaps stuck in the renting cycle.

2. Providing you make all you payments on time... you prove to a lender that you can both afford are adjusted to paying a home off, look after the associated home ownership costs such as council rates and insurances... thus reducing the risks that banks associate with first home buyers.

3. You can refinance into the banking system in 6 - 18 months to get all the benefits such as credit cards and online banking facilities plus better interest rates also The Title Moves over to your names at this point.

4. Self satisfaction that you are finally living the "Aussie Dream"!

For all enquiries please :

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