HAVE you entered retirement or are you making plans to stop working but still have mortgage debt or other loans you still need to pay?Perhaps the need to keep working just to pay your debts is making you anxious about your future? Together with increasing living costs, and perhaps less mobility than you used to have, you are not sure when things will get easier?
Well there is a way to access the wealth locked in your home when you need it most - and finally live debt free.
Homesafe Wealth Release® is not a loan or a reverse mortgage, but a way to sell a share of the future value of your home. You receive the cash you need today, you can pay off your debts, and continue to live in your home for the remainder of your life with the peace of mind that there is still a share of your home that you, or your family, will always keep.
Robert and Wendy, did just that. They have lived in their home for over 35 years and have recently become 'empty nesters'. Their sons live close by and visit regularly on weekends.
Wendy still works part-time as a florist and Robert runs his own landscaping business. They borrowed against their home to assist with his business, and together with their credit cards, they have monthly repayments of $1200 per month.
They had always planned to travel once they were retired, however they need to pay off their debts before they stop working, and that caravan adventure still seems a long way away!
With Homesafe Wealth Release® Robert and Wendy received a lump sum amount of $120,000 in exchange for selling Homesafe a share of the future sale proceeds of their home, with the comfort of knowing they can protect some of the equity in their home for their sons.
Based on their ages, Homesafe agreed to purchase an agreed share of the future value of their home and in doing so, provided them the money they needed today*.
Robert and Wendy paid out the loan and their credit cards and put the rest away - ready for the day when they can furnish the caravan! They are happy with their decision as they know they will always retain the share of the proceeds they did not sell to Homesafe, either for themselves, or to leave to their family. Now, Robert and Wendy have the freedom to choose when they want to retire, without loan repayments hanging over their heads.
You can join thousands of over 60s who have turned to Homesafe to access cash to pay off debt. Talk to Homesafe today to see if we can help you.
Homesafe Wealth Release® is the debt free way for over 60s 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 greater Melbourne and Sydney areas.
