Save2buy is a Hibbards initiative for first home buyers where you can save time AND money.
How? By using the first home buyers grant, the government concession on new homes, your rental history and the experience of the Hibbards team to make it happen.
But how do we make it happen? Everyone’s situation is different and unique. We assess where each of our clients are at with their financial position and show our clients how it’s possible for them to own their own home when they never thought it was possible.
Not everyone can do it straight away. Obviously its most important that you are able to service the loan – this is the basis on which the lender will approve the loan. If you cannot pay the repayments, then unfortunately you really can’t get the house.
You need to believe it’s possible in your future though. If you’re not in a position to purchase right now, our team will tell you what you need to do in order to be successful in purchasing your own home. We have had so many people come back after 12 months that have worked hard to reduce other financial commitments etc or have made other improvements and are ready to purchase.
The first step to knowing anything is to inquire through one of our online forms. From there you will be able to know from our assessment where you stand, and with that knowledge you can make informed decisions.
Rent to buy, also known as rent to own, is a variety of vendor finance.
In Rent to Own, the seller helps the buyer by allowing the buyer to rent the house for a while, until the buyer builds up enough equity to qualify for a bank loan and own the house.
Read more here: http://www.vendorfinancelawyer.com.au/rent_to_own.htm
The difference between rent to buy and save2buy is that Hibbards provide the actual home and the service of helping first home buyers achieve their dream of home ownership is an initiative that we have called Save2buy.
We don’t do vendor finance and it’s all done through banks/registered lenders. We build homes, and help people realise their dream of home ownership. That’s our passion.
At Hibbards we don’t do any rentals, however we do sell to investors who require tenants. If you are looking to rent, feel free to contact us and we can direct you to our preferred property managers within each of our locations that have proven to be the best in their region.