Help your homebuyers become homeowners, sooner
Joining the Ourboro network means your clients can break into the market, instead of sitting on the sidelines.
Many homebuyers have the income needed to get a mortgage for the home they want, but coming up with the full down payment can seem impossible. As a real estate professional, you’re all too familiar with this issue, and are looking for new ways to help.
By becoming an Ourboro Referral Partner, you’ll have a unique option to offer your clients, even if they previously felt like homeownership was out of reach.
How Does Co-Ownership with Ourboro Work?
Co-owning with Ourboro allows your clients to get into the market sooner by investing in the down payment alongside them. Our investment isn’t a loan, so there is no interest or additional debt. Instead, we buy a share in the future value of the home and, when the owner decides to sell, we each receive our fair share of the gains or losses.
As your client lives in the home we offer programs and services to help preserve and increase the home’s value, maximizing both of our returns.
Homeowners can co-own with us for up to 10-years. The homeowner is free to sell the home or make an offer to buy our share at any time. If they decide they’d like to remain in the home past the 10-year mark they may do so by paying fair market value, as determined by a third-party appraiser, for our share in the property.
Want to learn more before signing up?
Attend an upcoming Training Session to hear more about working with Ourboro. We’ll share our motivation and goals for creating the company, how our program works, who qualifies, and more.