The Own Don't Rent Home Ownership Program

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The Own Don't Rent Home Ownership Program :

The Own Don't Rent Home Ownership Program How does it work? How does it benefit you?

Case study: John and Mary:

Case study: John and Mary Hard working couple living in Sydney Want to own their own home and are sick of paying rent! 1 baby – planning more and want more space

Standard way to own your home:

Standard way to own your home Apply to the bank for a loan Find the house you want to live in

What happened when they went to the bank?:

What happened when they went to the bank? Result for John and Mary: Self employed Application rejected Not enough deposit Electricity bill affected credit history

What can they do?:

What can they do? Option 1: Wait - Clear credit rating - Adequate tax records - Saved the deposit Dead rent No control over rising property prices $300,000 Never catch up 4 years $380,000

Option 2: The Own Don’t Rent Home Ownership program:

Option 2: The Own Don’t Rent Home Ownership program Start immediately Own your own home Move in

Example: Payment plan for TV:

Example: Payment plan for TV Option 1 – Buy the TV outright – you will probably have to wait until you have all the money Option 2 – payment plan – take the TV home today and pay instalments

How does the Own Don’t Rent Home Ownership program work?:

How does the Own Don’t Rent Home Ownership program work? $ Small deposit – much less than required by the bank Weekly payments

Slide 9:

John and Mary use the Own Don’t Rent Home Ownership Program 15K deposit House Price 300K Paperwork with solicitor $500/week John adds value to house

Slide 10:

3 Years Later Ready for Bank Loan Tax records Clear credit history Property in value Stepping stone to the banking system

Benefits of the Own Don't Rent Home Ownership Program:

Benefits of the Own Don't Rent Home Ownership Program No dead rent Control Lock in property price make improvements to the house

What if I don’t have a deposit?:

What if I don’t have a deposit? Own Don’t Rent Savings Program We determine how much you need to save We equip you with education Safe and effective program towards home ownership

Next Steps:

How can Own Don’t Rent help your situation? Fill out our questionnaire Register for our next free seminar Next Steps

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