10/31/2022
"Homeownership, for many people, symbolizes the epitome of success that comes from years of hard work and dedication but a gap of disparity has grown dramatically and created an ever-widening moat around the fortress of affordability, deterring many families from the prospect of homeownership".
Luckily, the shared equity housing model (SEH) stands out as a solution. Our company, Key, has been working in this space for over 4 years and has homeowners in one of Canada's most expensive markets.
Here's a great article about SEH. Worth the read.
How Shared Equity Can Help Fight the Homeownership Crisis
What is shared equity, and how can it serve as a solution to the current homeownership crisis? Here's what you need to know.
10/20/2022
Rent to Own and other alternative home ownership models are paving the way for many people to get on the property ladder when traditional methods don't work. Landis’ latest fundraise comes at a time when the average rate for a 30-year fixed mortgage is hovering around 7 percent for the first time in 20 years, making homeownership more costly and leading to a slowdown in sales. https://therealdeal.com/2022/10/18/jay-z-google-backed-rent-to-own-startup-landis-raises-40m/?tpcc=sprout_general&utm_campaign=sprout_general&utm_content=1666122644&utm_medium=The+Real+Deal&utm_source=facebook&fbclid=IwAR1hU8Z1BJqPD_ZOlzD_BgGSsTMpE1wP_-QVjsNfqcIQrhAog_pLsXYii9E
Rent-to-Own Startup Landis Raises $40M from Jay-Z, Google
Landis, a rent-to-own startup, raised $40 million in Series B funding led by Google Ventures as investors continue to pour money into the space.
10/14/2022
It’s time to stop renting and start owning. Key offers an opportunity to get on the property ladder with as little as $12k down and no mortgage qualification!! Find out more. Link in bio.
10/13/2022
Start owning for just $12k. It's our new model of co-ownership available now in Kitchener-Waterloo.
08/03/2022
The idea of co-owning a home with a friend or relative may seem like a great way to get into the market, and for those with few options, it probably is. But, there's an old saying which really rings true in this relationship....The devil is in the details. It requires absolute transparency between all parties.
Thinking about buying a house with friends? Here's what to consider | CBC Life
A real estate lawyer and mortgage broker sound in on the basics of co-ownership.
06/28/2022
"If house prices go up, the value of your share of the building has gone up, and therefore you aren't falling as far behind if you want to purchase something down the road,"
Someone is trying to sell a small fraction of their Toronto condo for $20K
Look, affording a house in Toronto on a normal person's salary is basically impossible. According to the latest stats, you need to be making at lea...