Almost all people around the globe would like to live in their own apartment or house. Canadians have the same desires.
Unfortunately, due to the current skyrocketed prices, tougher than ever mortgage rules and fluctuating interest rates, real estate has become less affordable for the majority of Canada’s population. The huge disproportion between real estate prices and people’s earnings has forced many hard-working families to indefinitely defer their desire of purchasing their own sweet home.
Should their dreams remain just dreams? How long should they wait for more lucrative job positions, decline in real estate prices, promising government incentives, changes in mortgage rules or other solutions from outside?
The answer is simple: people do not need to wait any more. They can afford their own apartment or house right now.
Innovative Domus Optima™ Cohesion Real Estate Auction system provides dynamic competitive experience on a completely transparent auction platform and allows the winning auction bidder to buy real estate property for a fraction of its market value while providing the auction seller with a fair market value of the property in the shortest possible time.
The property price, anticipated by the seller, is decreased for the perspective bidders by a cohesion amount, contributed by all backers (perspective bidders) through the public cohesion crowdfunding campaign.