DO YOU have money locked up in your family home? No, we don't mean in a tin or down the back of the couch! What would it mean to you to be able to access the wealth you have in your home, and use it when you need it most? Even better, how would you feel if you had money in the bank, just for a rainy day? Well, there is a way for you to use the value of your home that you have worked so hard to own, to help you live today, without needing to downsize or go into debt.
Homesafe Wealth Release® is not a loan or a reverse mortgage, but a way to sell a share of the future sale price of your home, and remain in your home. You receive the cash you need today, you can pay off your debts, and remain the owner of your home until you sell or pass away. There are no repayments and no capitalising interest to erode away the equity in your home. Homesafe enables you to continue to live in the home you love, with the peace of mind that there is still a share of your home's value that you, or your family, will always keep.
Dawn, did just that. She has lived in her home for over 25 years and since her husband passed away and her two children have moved out, she has found making 'ends meet' a little more difficult. She still has a small home loan and pays this fortnightly, but she is struggling to pay rising electricity and gas bills and would desperately like to do a few things around the house.
With Homesafe Wealth Release® Dawn received a lump sum amount of $100,000 in exchange for selling Homesafe a share of the future sale proceeds of her home.
Based on her age, Homesafe agreed to purchase a capped share of the future value of her home and in doing so, provided her the money she needed today*.
Dawn paid out the loan and her credit cards, put $20,000 away just for a 'rainy day' and could also get new carpets and some landscaping done in her back yard.
She is happy with her decision as she knows there will be something left for her children and she now feels she can open the mail without feeling stressed about paying her bills!
You can join thousands of over 60s who have turned to Homesafe to access cash to pay off debt and put some money away to help with living costs. 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.
