LIFE after 60 doesn't always go to plan. Ongoing home loan payments, medical emergencies and other unexpected costs can throw off your plans and leave you struggling to pay bills and everyday living costs.
Maybe you are thinking about doing some small renovations around the home, or taking that overseas cruise you have always dreamt about, but you're worried about where you will find the money to do it?
Thankfully, there's Homesafe Wealth Release®. Homesafe is not a loan or a reverse mortgage, but a way to sell a share of the future value of your home - and receive the cash you need today.
There are no repayments and you remain the owner of your home until you choose to sell. Furthermore, as the share sold to Homesafe is capped, you have peace of mind that there is still a share of your home that you can leave to your family members.
Take Bill and Elizabeth for example. They have lived in their home for nearly 25 years and have just retired. They do not want to downsize or move away from the area they love, and want to remain close to their friends and family.
When they retired, they had some money in super - but not a lot - and only limited savings. The pension does not provide them enough to make some small changes to their home, let alone update their kitchen and bathroom which they would love to do. Then they found Homesafe.
With Homesafe Wealth Release® Bill and Elizabeth received a lump sum amount of $80,000 in exchange for selling Homesafe an agreed share of the future sale proceeds of their home, based on their ages today. Homesafe provided them the money they needed* to pay off a credit card, spend some money on doing up the garden, and they installed a brand new kitchen. Now in retirement they have fallen in love with their home all over again and can even plan to take their first Caribbean cruise.
Whether you want to pay off your mortgage, renovate your home, pay off credit cards, or even access some cash to live on, talk to Homesafe today to see if we can help you.
Homesafe Wealth Release® is the debt free way for over sixties to access the cash they need.
For more information please call Homesafe on 1300 307 059 or visit our website homesafe.com.au
*Terms, conditions and eligibility criteria apply. Homesafe Wealth Release is available in 90 per cent of eligible postcodes in Melbourne and Sydney.
To find out how Homesafe Wealth Release® can help you, click here.
