Q. How does the Live-In Layby™ work?
A. The Home Buyer Information Kit (in Free Downloads section) explains the Live-In Layby™ in detail.
Q. Does title transfer into our name immediately?
A. Title can only transfer into your name once you give the Seller the full purchase price which will allow them to pay out their lender and release the mortgage held against the title.
You can make this happen at any time by securing your own bank finance and finalizing the purchase transaction.
If you have a specific question that is not answered above, please ask it here and submit:
Housing Heroes Pty. Ltd. ATF Housing Heroes (ABN 53 799 748 374) trading as Housing Heroes. Australian Credit License 443249