Home ownership can provide security for your financial future … and real estate should be a significant part of your investment portfolio. Own Sweet Home Realty offers Purchase Assistance to enable you to overcome obstacles to achieve your goals as buyers and investors.
Whether you are a renter seeking to purchase, a current homeowner looking to refinance or upgrade, or an investor wanting to buy more properties, equity sharing can enable you to increase your purchasing power by thousands of dollars compared to conventional financing.
Purchase Assistance is a unique arrangement between an investor who has cash to contribute, and a buyer who has good income and at least average credit, but doesn’t have a down payment. The investor can provide the cash for a down payment or supplemental monthly payments, depending on how the buyer qualifies. The buyer covers the closing costs and all the other normal costs of owning a home, such as the mortgage payment, property taxes, insurance and upkeep. In three to seven years the homeowner buys out the investor and each take a share of the appreciation.
While Purchase Assistance is primarily used for a home purchase, it can also help existing homeowners reduce their monthly payments or enable a divorcing homeowner to buy out a former spouse and retain the family home.
Own Sweet Home - "Where You Belong"
