It’s time to change the path to homeownership, and we need your help.
Through no fault of their own, first-time homebuyers are being locked out of the market. Last year, first-time homebuyers made up only 26% of all buyers, down from 34% the prior year and setting a record low since the National Association of Realtors® began tracking the data over four decades ago.
It’s a challenging market. With piling student debt and skyrocketing rent prices making it harder to save for a down payment, along with fierce competition from institutional investors making attractive cash offers to sellers, the traditional paths to homeownership are no longer working for many first-time homebuyers.
Recognizing significant change would be needed to overcome these systemic issues, Ownify began our mission to help first-time homebuyers achieve their dreams of homeownership through a revolutionary fractional ownership program.
Are you ready to spark the change you want to see in the Triangle? It starts with saying “yes” to fractional ownership. Here’s what that means for you:
Rent is skyrocketing. Across the U.S., the average renter is now spending 30% or more of their income on rent. In the Raleigh-Cary market, monthly rent prices increased 22% year over year.
It’s time to stop wasting money and turn those monthly payments into equity. With Ownify’s fractional ownership program, you can enjoy fixed payments for five years and buy more equity in your home with every monthly payment. By the end of five years, you will own 10-15% of your home’s equity. No unexpected rent increases. No questioning whether you’re wasting your money. Turn that financial uncertainty into financial freedom.
The Triangle area is thriving. With low unemployment, top school districts, and many more opportunities for residents, people are moving to the Raleigh region every day. That means good news for the local housing market too, as home values have continued to appreciate, up nearly 5% in the last year.
Owning a home with Ownify means you get to take advantage of home price appreciation and reap the benefits of positive home equity, without the risk of negative equity that comes with traditional mortgage loans. Through our fractional ownership program, you’re protected if the market shifts. With no debt and no mortgage, we eliminate the risk of negative equity through what we call evergreen equity protection.
For everyone trying to buy a home the same way their parents and grandparents did, we offer a new solution. While traditional mortgages may be familiar, the familiar path isn’t always the best path. Just ask the innovators who transformed the telephone into an intuitive smartphone and the traditional taxi into on-demand ride sharing. Sometimes the familiar needs a shake up.
With fractional ownership, you can enter the market with as little as 2% down and no hidden fees, like due diligence and earnest payments. Then you can enjoy homeownership without surprises. Ownify covers property taxes and maintenance fees, while you pay fixed monthly payments for five years.
Are you ready to create the future you want to see in the Triangle, where the next generation can afford homes, without debt or surprises?
Real estate professionals and first-time homebuyers in the Triangle are saying “yes” to this new path to homeownership. Take it from Realtor Trevor Burris who said, "For first-time homebuyers, Ownify is an absolute game changer. It helps them get into homeownership for the first time, at a low cost, and in a safe way."
Just as any innovation requires early adopters for change to take hold, we’re calling on first-time homebuyers in the Triangle to join us and create momentum for fractional homeownership. With Ownify, you will not only get into your first home much faster with a smart financial investment, you’ll also pave the way for thousands more Americans to achieve their dreams of homeownership as Ownify expands into new markets.
While Zac and Skylar thought they were several years away from being able to buy their first home due to the competitive Triangle market, they jump-started their home search when presented with Ownify’s fractional homeownership opportunity. Having now achieved his dream of homeownership, Zac recommends Ownify to others in a similar financial situation, saying, “Ownify provides an alternative or a different way for people who are looking to become first-time homebuyers to accomplish that goal. I do think that Ownify has an opportunity to really help a lot of folks like us.”
We need your help to create this change. If you’re ready to turn your dreams of homeownership into reality, let’s get started. Get pre-qualified today and receive your custom budget to assist in the search for your dream home. To become pre-qualified is free, will not affect your credit score, and can be completed in under 10 minutes.
With your help, we can build momentum for fractional homeownership and create the future we want to see in the Triangle and beyond.
If you're ready to get pre-qualified then apply now here.
If you would like a quick check on your eligibility for Ownify, use our tool here.