INCREASE Buyer Interest and Achieve Quicker Property Sales
AffordAssist can help property developers & real estate agents make more sales and protect against your property settlements from falling over due to valuation or other challenges
Are You Satisfied With Your Level Of Buyer Interest?
What more could your team do to help a purchaser into homeownership or investment, TODAY? ..what is the stickiness; what is the market asking for at the moment…
Maybe it is not about; more effort, more incentives, more commissions, more rebates, price reductions or interest rates.
Alternatively; AffordAssist a present-day deposit solution, can help.
Picture them… All of the potential First Home Buyers out there, renting right now while saving for their deposit. And, the savvy property investors seeking to leverage their purchase with as little cash as possible.
Bottom line, there is value in having a sale TODAY.
Are Your Sales Struggling To Settle?
Developers and Real Estate Agents – may have had the misfortune of experiencing this in the past. You invest serious time and money in a long sales campaign and believe you have found your Buyer. Their finances appear to be in order, but Their Lender undervalues the property or other unforeseen challenges, leaving the Buyer with a critical shortfall in funding that results in a settlement crash.
A bank undervaluing a property can be fatal to a sale. This is a stressful scenario for both Sellers and Buyers, with the latter in danger of losing their deposit and the possibility of frightening and expensive legal action just around the corner. In some instances, these lead to financial ruin.
AffordAssist can help. By providing an innovative Deferred Deposit Solution (DDA) between the property seller and buyer for the amount needed to secure a loan.
Includes a panel of approved lenders and mortgage brokers who can offer AffordAssist Deferred Deposit Loans.
With AffordAssist all settlements may be possible.
If you are expecting a settlement to fail, ask us how we can help
What Properties Are Eligible?
This program includes all residential property types. Off the plan, brand-new or previously lived-in, including:
Apartment
Villa
Townhouse
House
How AffordAssist Makes It Possible
AffordAssist offers an innovative property-deposit and loan-deposit solution, making it possible for buyers wanting to enter the market today.
AffordAssist replaces the need for the typical cash deposit required by the property seller and lender with a proprietary Deferred Deposit Agreement (DDA), which may be used for all or part-of the deposit and includes a no-interest payment plan.
Developers
Which segment of the market is taking up most of your time? A singular focus on investor sales may be limiting your growth in the long term. In light of the increased activity of First Time Buyers in the market, AffordAssist is ideally positioned to help you capitalise on their growing confidence.
Having multiple sales channels increases the longevity of your business. While you focus on your database of investors, we can be calling you with leads from our pool of First Home Buyers. You select the stock you want to make available to the program and continue with your business while we work in the background.
Even one property listing per development will make a difference for a First Home Buyer and your bottom line.
Fee For Service:
DDA
Your own clients that need a deposit solution to be eligible for a loan. Includes DDA governance process.
Finance Approved Buyers
Pre-qualify and assign ‘able to settle’, potential buyers to your nominated or internal team
Make Sales
Provide complete sales service. May include master or lead agency and or a marketing program.
Complete Settlements
A lifeline to settle existing purchase agreements, due to valuation or other.
Trust Account
Receipt and disburse DDA payments, via an online platform, $20 +GST per month
Real Estate Agents
Your Real Estate Agency is in a key position of influence to help improve market fairness for First Home Buyers. Beyond an ethical alliance, AffordAssist provides a model designed to expand your business beyond your current customer profiles.
Offer your Sellers an additional sales solution. Along the Fast-Track to helping First Time Buyers realise their dream of home ownership, we can match your brand with:
- A fresh pool of qualified buyers
- Approved Property listings
- Governance to help convert your tenants into sales
Become AffordAssist Approved
We are on a mission to increase the rate of First Home ownership in New Zealand. Working smarter, harder and together, we can influence a positive impact on the housing market, the economy and our social fabric.
Our Core Values
- Industry and government working as a team to help First Home Buyers
- Fostering consumer protection with unwavering integrity
- Fair Industry Fees, low and fixed
AffordAssist is backed by a governance process protecting ALL STAKEHOLDERS, and that also guarantees the program’s longevity.
Approved professionals include: lenders, mortgage brokers, developers, master listing agents, buyers agents and the AffordAssist program governance solicitor. Each performing a critical role.
Buyers must be eligible and receive AffordAssist Conditional Approval before selecting a property.
Free Event
Want to learn more about AffordAssist? View our next scheduled FREE presentations.
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AffordAssist helps with the deposit for the first home buyer. AffordAssist replaces the need for a substantial cash deposit with our innovative deferred deposit solution.
AffordAssist is the new way to buy your first home today and to defer and pay the balance of the deposit over 60 months without interest.
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