Rather than requiring people to pay a huge amount of cash for the deposit, creative processes allow the buyer and seller to enter into flexible payment terms.
(PRWEB) November 18, 2013
“The record breaking house prices in Australia right now is pushing people to think outside of the box for new solutions to their real property problems,” revealed Rick Otton, the author of How To Buy A House For A Dollar.
More and more Aussies are turning to house sitting or house minding to avoid renting costs and eventually save up enough money to pay for a deposit on a property for sale, (Domain.com.au reported on 4 November 2013).
The website, aussiehousesitters.com.au, explains that house sitters avoid renting costs in exchange for the responsibility of looking after a house and the pets living in it when the owner is away on a holiday.
“It’s become very hard for many Aussies to save up enough cash for a deposit in the past few years, because of the rapid increase of house prices and stagnant salary rates of many workers around the country. That’s why people have resorted to creative and unusual measures just to get the cash they need,” Mr. Otton said in a new interview for his Power Property Profits Pack.
“Even though house sitting is a unique way to go around the problem of saving cash for a deposit, it will still take a long time before home buyers can get real estate if they do it this way. Luckily, there is an easier way for people to buy a property without waiting a long time to save up for a deposit or even applying for a new home loan,” he added.
Mr. Otton then explained that for over 20 years Aussies have been using creative real estate strategies to buy real estate they want without the hassles attached with the traditional process.
“Rather than requiring people to pay a huge amount of cash for the deposit, creative processes allow the buyer and seller to enter into flexible payment terms. This means that the buyer can get a house with just a small amount and pay the remaining value of the property through monthly and backend payments,” he shared.
You can discover more information about Rick Otton and his creative strategies through the limited-edition Power Property Profits Pack. Just visit http://www.howtobuyahouseforadollar.com/ now to sign up for a free copy of the compilation.
About Rick Otton
For over 23 years property millionaire Rick Otton has built an impressive real estate portfolio using innovative strategies that he has developed – strategies in which transactions are made without the need for traditional bank-type loans.
He constantly refines his techniques as he buys and sells properties through his We Buy Houses business which operates in Australia, New Zealand and the UK.
A gifted speaker and educator, Mr. Otton conducts regular one-day free seminars across Australia, which build on the the concepts he shares in his 2012 book ‘How To Buy A House For A Dollar’, voted by Money Magazine and Dymocks Book stores as one of the Top 10 Most Popular Finance Titles for 2013.
He regularly records and publishes iTunes podcasts via his channel Creative Real Estate.
His innovative low-risk, high-reward approach to Australian real estate investing has been featured in a variety of television programs and magazines, including Today Tonight, Hot Property and Australian Property Investor.
To register for one of Mr. Otton’s free Australian one day seminars visit HowToBuyAHouseForADollar.com. or phone, in Australia, 1300 888 450.