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Buy new home

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Need funds to get a new home?

If you're retired, over 60 and own your home you can now!

A common situation -  You want or need to improve your housing situation to make your living more comfortable in your retirement.  Or you may what to change your location.  Perhaps you need to be closer to family or services (such as a hospital).  Want to buy another home but you can't quite afford it.  What do you do?

Well, I'm able to provide you with some possible solutions.

Solution 1  -  increase property value

Solution 2  -  value

Get funds to carry out the works needed to lift the selling price of your present property.

You may well be able to make use of the equity value in your current home to provide you with the funds to do necessary work on your present property that would then lift its appeal to the real estate market and raise the value you would realise on its sale.

This will provide you with a net increase in value and could well provide sufficient to afford the higher cost home you need or would like to get.

 

To find more out about making use of the handy Home Equity Release option go to this page.

click . . . Retire Funding

Can't meet your Bank's lending criteria.
Well, use another option.

Once you are beyond retirement age and no longer have sufficient regular income - or the years of earning to pay off a standard mortgage - you don't fit the criteria of many lenders.

But you may well qualify for a Home Equity Release loan.  You might even be an ideal candidate.

Criteria for the best of these are not like standard lenders.  Home Equity Release plans are especially designed for someone in retirement.

The legal conveyancing may be able to be arranged so that the HER loan takes its necessary first on transfer of titles.  So, you can  get the home you want.


SOLUTION for another FUNDING problem

Ever gone in to your friendly local Real Estate office and listed your property but,
after they've gone to the trouble of finding buyers, you refuse every offer?

The problem

The Solution

You really do need to obtain funds for something you need, or want, to do in your retirement.

But you don't actually want to sell you home.  It may be the family home - a place you've been in for years.

You don't want to loose all your friends and contacts and familiar services in your local neighbourhood.

The friendly Real Estate agent has a problem, too.  He or she has put their effort into helping you but when they've done what would normally satisfy a seller, you can't let your treasured home go.

Well, it mightn't be easy for them to remain so friendly if this goes on.

Now take a look at my solution.

The Home Equity Release solution.

Now you don't have to sell.  Get the funds you truly need by drawing money against the value of your home.

You don't actually have to move and disrupt your established network of friends, your neighbourhood contacts and familiar services.

And you don't have to pay interest on the loan while you are still alive and live in your home so it doesn't come out of your current retirement income.

Here's an answer for both you and your Real Estate agent.  I'm sure they'll be much happier, knowing you have the assistance you need leaving them to concentrate on real sale prospects.  That's make much easier to stay friendly with you in your community.

To find more out about making use of the handy Home Equity Release option go to this page.

click . . . Retire Funding

Tim Leitch is an independent Retirement Income Advisor so he can help you with information about for such funding.

Give me a call or you could email me through this link.  Click here . . .    Email        

Tim Leitch

Retirement Income Advisor

Sentinel Accredited Adviser

Phone  +64 9  4491750

 

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 Last modified: 18 Mar 2010

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