Receive an upfront payment for your property within days.
A refundable accommodation deposit is a lump-sum payment made to an aged care home which effectively serves to reduce/eliminate the rental-style daily accommodation payments ("DAP") the resident would have had to make.
You have 28 days from the day you move into an aged care home to decide which payment method you prefer, during which you will be required to pay the rental-style accommodation payments / DAP until you decide.
Yes, there is! By putting down your RAD as early as possible, you can reduce or fully remove the need to pay the daily accommodation payments. Furthermore, aged care accommodation prices can typically be negotiated with the aged care provider before entering the home, and having the ability to pay a RAD in full can sometimes be a key factor in negotiations.
Sellable's main focus is in helping you sell your property in the best way possible, and hence we are not in the best position to assist you in choosing an aged care home. However, there are many qualified aged care advisors who specialise in assisting you through this transition, and Sellable could link you up with some of our partner aged care advisors if needed.
Sellable can be a great choice to get the money you need for your aged care costs in as little as 7 days. We will be able to give you a Guaranteed Price for your property upfront based on an independent valuation, plus we share the additional upside on the property from the sale with you. Sellable is also a much more convenient option for you: all you have to do is move out of your old home, and we will take care of the entire sale for you – including renovations, professional styling, agent selection, buyer negotiations and much more. Interested? Request your obligation-free offer today!
Know which aged care facilities you can afford
Reduce daily accommodation payments ("DAP")
We'll make improvements to your property
Maximise the value of your home
Choose when you receive the sales proceeds
Professional staging included
We take care of the entire sale, start to finish
Quick turnaround – money available in 7 days
We are committed to delivering an industry-leading sales process for you.
Between our highly experienced team and our expert partners, we've got all bases covered.