Are Syndicates and Groups Allowed ?
Remember that the Association is about helping one another and assisting as many people as possible to achieve their goals of home ownership that they would otherwise not be able to meet, many due to financial reasons. These financial reasons often mean that to an individual, the membership fee and renewals are not manageable, and quite often the individual will not require a home ownership plan as high as $120,000 US dollars. Home Equity Associates have provided the solution for this problem by allowing and promoting the use of syndicates or groups. This way the membership can be shared amongst as many people as necessary to fund the membership, or alternatively the number of people who wish to share the Home Ownership Plan. For example a syndicate of 10 people would only have to contribute $15 US each towards One Home Ownership Plan. They can share the the Home Ownership Plan Advance or put it towards a common goal, such as a community hall or church building. The other way to look a