Financial Assistance: The program helps renters accumulate funds specifically for closing costs, based on a fixed dollar amount of the purchase price, making homeownership more attainable. | |
Credit Building: Timely rent payments and responsible use of Yowzzer Bucks can contribute to building or improving the buyer’s credit history, which can be advantageous when securing a mortgage. | |
Future Home ownership: The ultimate goal of the program is to facilitate the transition from renting to owning, enabling participants to become homeowners. | |
Transparency and Progress Tracking: Renters have access to an account that shows the accumulated Yowzzer Bucks, providing a clear record of their progress towards homeownership. | |
Expert Guidance: Yowzzer provides access to real estate agents and lenders through our portal, allowing renters to ask questions and receive guidance as they prepare to enter the housing market. |
Please note that specific terms and conditions may vary depending on the program provider and the local market conditions. It is advisable to consult with a real estate professional to obtain accurate and up-to-date information tailored to your specific needs.