7/6/2023 0 Comments Home access![]() ![]() The Home Access Center is tightly integrated with the Teacher Access Center and the Electronic Gradebook system used by the teachers. Home Access Center (HAC) is a web application that allows guardians to examine student academic and registration data. The Home Equity Access Scheme relies on a several personal variables, so it’s always good to start off speaking to an adviser,’ says Aracas.įor more information, visit the Services Australia website, or speak with a financial adviser.The Odyssey Charter School is excited to provide the Home Access Center (HAC) to guardians of students in grades 3 through 12. Knowing how and when you’ll get in and get out of a scheme or product can often be the key to attaining a beneficial outcome. ‘As with any financial product you need to have a plan. For property owners, the Home Equity Access Scheme is one option to consider, and it means you don’t necessarily need to sell your house to access the equity.’ To get the best retirement outcome many people need to take advantage of all 3 options in some way. Services Australia now offers 2ĪustralianSuper retirement expert Louise Aracas, says: ‘There’s a range of options to explore when it comes to funding your retirement - the Government Age Pension, your super savings, and any non-super savings, such as owning a property. Scheme, with several criteria that need to be explored in detail in relation to Something to consider to boost your retirement income. If you own real estate, the Home Equity Access Scheme could be Learn more about the No Negative Equity Guarantee on Service's Australia website. This brings the Home Equity Access Scheme in line with private sector reverse mortgages. ![]() If you sold your property for $250,000 and don’t have a mortgage, you’d only need to pay $250,000. No Negative Equity Guarantee means borrowers under the Home Equity Access Scheme, or their estate, won’t owe more than the market value of their property.įor example, let’s say your loan balance is $300,000. Learn more about advance payments on Services Australia's website. Participants can get up to 2 advance payments in any 26-fortnight period. This means you can access up to $13,832 for singles, and up to $20,852 for couples 1. The scheme can provide immediate access to lump sum payments of up to 50% of the maximum pension rate of your qualifying pension in any 26-fortnight-period. If your loan is under the Home Equity Access Scheme, you may be eligible to access lump sum advance payments. ![]()
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