Help Centerur goal is to ensure that every customer we work with ends up in a better position than where they started.
If you are unable to obtain a home loan between years 4 and 8 of your tenancy, we can sell the property without charging you a sales commission. This allows you to recover as much of your contributions as possible.
For example, if the market value of your home exceeds the minimum sale price and we sell the home because you cannot secure a mortgage, you will receive a full refund of all your contributions to date, including your weekly payments. The only deduction will be a nominal $5,500 marketing fee to cover third-party advertising costs, such as listing the property on realestate.com.au.
If the final sale price is less than the minimum sale price, we will reduce your contributions to make up the shortfall.
More Information
Typically, agents charge around 2.75% commission for selling residential properties, which can amount to approximately $25,000 for a standard home. However, under our Future Mortgage Guarantee, we waive this fee entirely.
To be eligible for the guarantee, you must apply for a home loan and be declined by at least three lenders, including one competitive option provided or referred by PublicSquare. We will provide you with a copy of our Future Mortgage Guarantee terms and conditions before you commit to a property, ensuring you have a chance to review the details. We keep it as straightforward as possible, with all terms and conditions fitting on a single page.