Vendor Finance Solutions Helping Clients Buy Homes in Sydney
Helping individuals and couples purchase properties for many years, we grant you the financial flexibility to secure the home you really want. Traditionally, when you find a home you like, you make an offer and once that amount has been accepted, you cover the expenses with a mortgage. However, to qualify for such a sum, your bank first requires a good credit history as well as down payment on the percentage of the total cost. This isn’t always an option for everybody and as a result, they miss out on securing the home they really want.
This is where About Homes can help. Offering creative financial options for prospective buyers, we can arrange Vendor Finance solutions where individuals and families can own the property they’ve really been after. There are typically three types of options available to Campbelltown and Western Sydney home buyers to achieve this, including instalment contracts, deposit finance and rent to own homes. We have over 15 years of experience offering the first two financial solutions and
Rent to own houses and deposit finance contracts – what’s the difference?
If you are unable to afford the down payment for a property or the other costs such as stamp duty, then we are able to arrange a vendor finance contract to make up the difference. Many rent to buy homes in Western Sydney, Campbelltown and beyond come with contracts. These contracts mean you effectively rent your property for a set amount of time before you can afford a traditional bank loan, whereas deposit finance serve as a hybrid between a typical bank loan and deposit finance.
Allowing our customers to buy homes in Sydney, Campbelltown and beyond
As we are always looking to purchase new homes, we have a variety of options for you to choose from. Regardless of whether you’re looking for a single bedroom or three bedroom house, our experts will be able to help you own the home that’s right for you.
If you have any questions about how our instalment contracts differ from rent to buy houses and other such Vendor Finance contracts, contact us today on 0418 642 600.