The Homeward Bond and the Developer
The Homeward Bond was designed to ignite your pre-sales and help you achieve your sales targets sooner. This ultimately translates into sale closings happening sooner than you had initially planned on.
The advantages to you the developer:
- Achieve your pre-sales target sooner
- Enter into your trade and supplier contracts sooner
- Arrange your construction financing sooner
- Start construction sooner than your competitors
- Use it to keep your sales momentum going when the pace of sales begins to slow
The Homeward Bond and the Buyer
The Homeward Bond makes it easier for you the buyer to buy the home you really want to own without waiting to sell your current home or without having to liquidate family assets to come up with the full deposit wanted by your builder.
The advantages to you the buyer:
- No need to hope the home with the location, the view and the amenities you want is still available when you are ready finally to make the full deposit required of you;
- No need to put your current home up for sale immediately and rush through the purchase process with your realtor;
- No need to sell some or all of your RRSP portfolio under less than desirable market conditions;
- No need to arrange for an unsecured line of credit with your banker for which you will be charged, in most cases, way more than the cost of the Homeward Bond;
- No need to hit up your family or a relative for the deposit.
The Homeward Bond – a Developer’s best friend, a Homebuyer’s best friend.
The Homeward Bond gives to both the builder and buyer the very real opportunity to realize on their dreams sooner.
If you are a developer or a homebuyer, you owe it to yourself to take advantage of the Homeward Bond. Give us a call today at 1.888.925.2653 to speak with Jason Yarmuch or email him at
jyarmuch@blanketltd.ca;
The Homeward Bond is issued by the Economical Insurance Group in Waterloo Ontario
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