When I learnt about ZeroDown through a friend's post on LinkedIn, everything seemed too good to be true. But then I connected with the team at ZeroDown, and they provided all the help and support that I needed right from the very first decision to go with ZeroDown - down to finally moving in. Between Blakely Hull, the most amazing real estate advisor that ZeroDown connected me to and Sam Sawyer, we knew we had the perfect team in place to help us find our dream home. I've shared my experience with friends, some are actively engaging with ZeroDown - and I really don't see a reason why one would not go with the ZeroDown route to homeownership.
Arfah & Ali
Bought a home with ZeroDown
in San Carlos - April 2019
Starting a life together is choosing to begin a lifelong journey and adventure. Zerodown allowed us to embark on that adventure with a home of our own, a place for all of our memories to be founded; something we didn't think would be possible.
Nicole & Greg
Bought a home with ZeroDown
in Oakland - April 2019
Know exactly what you’re going to pay.
No hidden fees, ever.
* The final monthly payment may vary slightly based on the specific home and locality.
Homeownership -- which used to be an integral part of the American Dream, or at least a check mark on the way to adulthood, is now well beyond reach for many of us. And nobody bears the brunt of the current housing affordability crisis more than young folks, who, compared to their parents and grandparents, find themselves saddled with more debt and in possession of fewer assets.
But it doesn't have to be this way.
At ZeroDown, we're driven by the radical idea that professionals with steady jobs and healthy finances should be able to afford homes - even in San Francisco. That's why we've come up with an alternative to the rent-or-own dilemma, offering the benefits of homeownership with the flexibility of renting.
Here's what we propose—we buy the home you want and you move in, without a down payment. As you make monthly payments to ZeroDown, you start earning purchase-credits in the home (much like stock options at work). Any time after 2 years - you can choose to either buy the home from us, applying the earned credits towards a down payment OR move and cash your earned credits.
Working with ZeroDown looks like this:
Signing-Up and qualification - You fill out an online application, linking us to your bank account(s). That gets us started with a picture of your finances, and we work with you to determine a monthly payment you can afford and the maximum value of the home you can buy.
Choosing your home - After qualifying, you’ll be introduced to our partner agent (if you already have an agent you love, no problem), who’ll help you find and tour properties for sale in your preferred neighborhoods. At this point, if you’ve already identified a property you like, feel free to let us know.
Purchasing your home and move-in - Once you’ve pinpointed the home you like, we’ll go through the bidding process together. When our offer is accepted, ZeroDown will close the home on your behalf. You’ll enter into an agreement with us that clearly lays out all the necessary details including but not limited to move-in date, monthly payment, and your rights and responsibilities as a ZeroDown resident.
Absolutely! You’ll be introduced to our partner agent (if you already have an agent you love, no problem), who’ll help you find and tour properties for sale in your preferred neighborhoods.
Purchase-Credits represent a percentage of the home value. You earn them over time.
Under the hood, ZeroDown is actually two businesses—a real estate fund and a technology business.
Your contract is with the real estate fund and even if anything happens to the technology business, your home is guaranteed by the real estate fund and your contract would be honored.