No deposit house sale, with 5 years to settle
I am selling my house . its a 4 bedroom , 2 bathroom home in woolston . Its on trademe as listing number 1499031099.
10 steam wharf lane .
So here the deal I am thinking of.
The house has a registered valuation of $420k and a purchaser could make an offer of that value of $420k and settle the sale in 5 years.
I would want the prospective owner to sign a lease for that 5 years . Then after the five 5 years they need to get themselves a mortgage (say with kiwi saver deposit?) and settle up for the house .
There would be some other conditions as well. But the important understanding is this is not a rent to own scheme. You are not paying extra rent to build up a deposit , but you will be paying a premium rent.
You dont need a deposit in this deal. You will need to come up with the 420k in 5 years or something else acceptable to me at that time.
I expect the deal would best suit young people just starting out who need a house now but wont have a deposit (but should have one in say 5 years )
The purchaser gets to lock the price in now , and pay that price in 5 years.
The house is going up at 3.5% a year and will be worth in the order of $500K in 5 years , but the price will be $420k.
The canny will have already realised that they could buy and sell the house and make $80K
get in touch if you want more details. At his time I have not worrked all this thru and would be ahppy to talk about the idea with any interested party.
cheers
les
les.colins@xtra.co.nz
Poll: Should employees be able to work from home?
At the post-Cabinet press conference, the National Party asserted they want public sector staff to return to the office. This has opened a conversation about other sectors in New Zealand who have adopted working from home (WFH).
Where possible, do you think employees should be able to work from home? Vote below and share your thoughts in the comments.
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65.9% Yes
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30.4% No
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3.7% Other - I'll share below
Poll: How do you feel about dogs being allowed indoors in cafes?
For most of us, seeing a friendly doggo while out and about instantly brings a smile to our faces. But how do you feel about cafes welcoming pups inside?
Cast a vote and share your thoughts below.
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27.4% I love it!
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31.3% Only in designated areas
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41.4% No, it should be outdoors only.
Christchurch: School Holiday ideas
If you're on school holiday duty this week, here are some ideas to get the whānau out of the house! Feel free to share any of your own in the comments below.
Sat, 28th Sept: Superhero Circus show @ The Arts Centre
Sat, 28th Sept: Picture Me: free art workshops @ Turanga
Sat, 28th Sept: Movie Screening: Flow @ The Arts Centre
Sun, 29th Sept: Super Quest activity @ The Arts Centre
Sun, 29th Sept: Quail Island Pirate Treasure Hunt @ Quail Island
Mon, 30th Sept: Movie screening: Gremlins @ Lumiere
Mon, 30th Sept: Teddy Bear Ferris Wheel extravaganza @ Islington
Mon, 30th Sept: Princess-themed activities @ Riccarton Mall
Tues, 1st Oct: Juggling Workshops @ Northlands Mall
Tues, 1st Oct: Creative Writing workshop @ The Arts Centre
Tues, 1st Oct: Carnival-Themed Crafts & Games @ Northlands Mall
Wed, 2nd Oct: Badjelly the Witch Glow Show @ Te Pae
Wed, 2nd Oct: Sleeping Beauty movie screening @ Lumiere
Wed, 2nd Oct: Fudge Shape Decorating @ The Arts Centre
Wed, 2nd Oct: Make: Sticker, Bag Tag and Bag @ South Library
Thurs, 3rd Oct: Feed the Big Butterfly @ The Arts Centre
Thurs, 3rd Oct: Stilt Walking workshop @ The Arts Centre
Thurs, 3rd Oct: Ceramic Planter workshop @ The Arts Centre
Thurs, 3rd Oct: Kids Paint & Sip
Fri, 4th Oct: Kids Art Classes - daily crafts @ Roy Stokes Community Hall, New Brighton
Fri, 4th Oct: Storytime @ Riccarton Bush
Fri, 4th Oct: Scouts Aotearoa Variety Show @ Grange Theatre, Riccarton
Sat, 5th Oct: Ballet: Charlie & Chocolate Factory @ Southern Ballet Theatre
Mon, 7th Oct: Sleeping Beauty movie screening @ Lumiere
Mon, 7th Oct: African Drum workshop @ The Arts Centre
Mon, 7th Oct: Cicus Classes @ The Arts Centre
Mon, 7th Oct: Nee Naw with Deano Yipadee @ Tūranga
Mon, 7th Oct: Spring Garden Picnic @ Richmond Community Gardens
Tues, 8 October: Harmoney & Beatboxing workshops @The Arts Centre
Tues, 8 October: |One Day Circus School @ The Arts Centre
Tues, 8 October: Lego Bricks Building @ The Arts Centre
Tues, 8 October: Kids Paint & Sip @ The Arts Centre
Wed, 9 October: Traditional Kite-making workshop @ The Arts Centre
Wed, 9 October: Cicus Classes @ The Arts Centre
Wed, 9 October: Movie screening: Gremlins @ Lumiere
Thurs, 10 October: Carrot & Pickle Clown workshop @ The Arts Centre
Thurs, 10 October: Kids Paint & Sip @ The Arts Centre
Fri, 11 October: Build a Rocket workshop @ The Arts Centre
Fri, 11 October: Storytime @ Riccarton Bush
Sat, 12 Oct: Explore Antartica @ Tūranga
Other ideas:
Air Force Museum
Arion Farm Park
Canterbury Astronomical Society Open nights
Canterbury Museum
The Great Museum Santa Search
Chipmunks
Christchurch Art Gallery
Christchurch Botanic Gardens
Christchurch Gondola
Christchurch Tram
CoCA Centre of Contemporary Art
Ferrymead Heritage Park
Flip Out Trampoline Arena
Imagination Station
Inflatable World
International Antarctic Centre
Mega Air Trampoline Arena
Orana Park
Rutherford's Den at The Arts Centre Interactive, science-themed family fun.
Willowbank Wildlife Reserve
YMCA Clip 'n Climb
Xtreme Entertainment - bowling and arcade
Playgrounds: The Margaret Mahy Family Playground - Tākaro ā poi and the New Brighton Beachside Playground are popular destinations.
Pools - QE11, Jellie Park
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