Description

SHARED EQUITY 2024 ADVANCES IN WAYS TO OWN AND OPERATE PROPERTY Copyright 2024 Edmund Hapsburg

SSH PROPERTY OPERATING PLANS – WAYS TO FUND  or SELL YOUR SMALL SECOND HOME 

 

WHATS IN THE GROUND BREAKING POP 2024 GUIDE ?

• Concept Explanation
• Examples
• Checklist
• As each site and it’s project are unique, a Specific POP for your project will be quoted after guide from this pack has been sent and your checklist returned to us.

Condition Of Use:

You will need to pay and provide us with some of your project details so our licensed professionals can edit our guide and activate the Use of copyrighted material. SmallSecond Homes to better protect our know how / intellectual property that we have developed  require a Confidentiality Agreement to be signed prior to us sending out this guide. We know you will understand.For a personalised Quote for a Equity-Property-Operating-Plan that meets your needs  please call 1300-911-138 for an appointment or to arrange a Site Visit or fill out the form below:-

 

SMALL SECOND HOMES VICTORIA – SHARED EQUITY – Help to Buy Schemes – Operation Enquiry;

 

SHARED EQUITY – Help to buy schemes Government
This program involves the government contributing towards the upfront costs of a home purchase in exchange for a stake in the property’s equity. There are state specific incentives and different application criteria for each state. So be sure to investigate wisely.

SHARED EQUITY – Help to buy schemes Private  Using Property Operating Plans – Shared equity arrangements offer the opportunity to expedite property acquisition by diminishing the initial deposit and the burden of ongoing mortgage payments, however it is crucial to contemplate the consequences later on.

This may mean another party – the government shares in the profits generated from your property so it should align with your thoughts , also better to have a roof over your head/kids/parents heads and own half rather than zero !

STATE SPECIFIC INITIATIVES
First Home Owner Grant (FHOG)
While this grant is a national scheme, there are variations in its implementation across different states reflecting differing eligibility criteria and amounts.

One off transfer duty (stamp duty) waivers or concessions

Some states offer waivers or concessions on transfer duty (commonly known as stamp duty) for first home buyers to provide financial relief during the property purchasing process.

Click through to see your state incentives for first home buyers. NSW |QLD | VIC | SA | WA | NT | TAS

 

What is the Current Situation ? as there’s a lot to take in – isn’t there?

SSH stay updated on new government initiatives to ensure you don’t have to.

However, property, as with any financial undertaking, consulting with a qualified professional is imperative to make well informed decisions to set up for a solid future.

SMALL SECOND HOME OWNERSHIP MAY BE ACHIEVABLE WITH THE RIGHT SUPPORT AND PLANNING.
Parents, we can play a supportive role in their children’s home ownership journey while ensuring our own financial stability.

Remember that each individual’s path to home ownership is unique and what works for one may not suit another, so we have property operating plans to suit many formats.

As your trusted finance team, we urge you to navigate this journey with caution by prioritising your financial well being while offering support to your adult children.

So, as you mull over the prospect of reclaiming your empty nest, let’s work together to empower our adult children to spread their wings and soar into home ownership. After all, it’s never too early to start building their own financial future.

We looking forward to hearing from you and as always…we work with your best interest in mind

 

PRIVATE PROPERTY OPERATING PLANS – “POP”

This is where SSH VICTORIA funders, can for suitably qualified applicants may attend to funding as a JV partner in a shared equity operating plan.

For PROPERTY OPERATING PLANS “POP” details kindly call

OFFICE Support 1300-911-138 or email [email protected].