In the last months we have been approached by two groups of people: one group that is defaulting on their variable loans as the interest rates have increased significantly, and another group of individuals (mainly tenants) that are in a position to buy, but not at the current high interest rates.

We have found a formula that works for everyone: we find the financing to pay off the loan in default, always providing flexibility to the home owner to look for housing options. And then we can offer the house at a lower payment to either the new owners or in some cases, to the same owner. Our ability to offer fixed monthly or bi-monthly payments makes our offer comfortable for our buyers. We have flexible lenders that can provide this type of funding.

Interest rates do not seem to be heading to be decreased any time soon. And inflation is slowly cutting everyone a break, but not enough to be at the levels we had 18 months ago. And unfortunately, salaries do not seem to ever increase in the same measure. So with a little bit more money coming in and a lot more money going out we are all watching after our pennies.

If you are ready to be a home owner do not forget that there are other options, different than the more mainstream ones. And these options are way more flexible and cheaper. Reach out to us! It does not cost you anything. We operate always in good faith.