Purchase Groups

Tidhar puts its extensive experience to good use by organizing groups of home buyers into a Purchase Group, a concept that enables clients to enjoy the best of both worlds. The client benefits from a low purchase price, as in other home buyers groups, while at the same time significantly reducing the level and scope of risk.

The formation of home purchaser groups for the purpose of buying land and building a project has become fairly common practice. The method generally allows the buyer to enjoy a price below the going market price, but often risks are high, sometimes unwittingly so, and buyers may encounter many difficulties, such as:

• The quoted price is not final – Inaccurate cost estimates may result in significantly higher costs for the buyer.
• The building schedule is not final – The organizers of the purchase group are not obliged to commit to a final project completion date.
• Lack of administrative infrastructure – Real estate is a profession. Proper planning, design, execution and management are essential requirements that only professionals are able to ensure.
• Risky legal structure – The home buyers’ inter-dependence on one another jeopardizes completion of the project according to the original plan.

Tidhar’s entry into the market as a home purchase group organizer provides a unique leverage and assurance that buyers can enjoy the best of all worlds. Customers can benefit from a low purchase price, as is usual among purchase groups, while at the same time risks are significantly reduced.

First and foremost, buyers have a reliable address to turn to throughout the project’s establishment and liability period. All processes related to the organization of the purchase group and the project’s planning and administration processes are in the hands of a professional, experienced body whose standards were acknowledged with the receipt of the National Quality Award for 2009. With its advanced information systems and top quality professionals’ vast experience and know-how in such projects, Tidhar safeguards its purchase groups against inherent risks and provides them with confidence.

“Tidhar Builds Reliability” – is more than a mere slogan, it is a way of life for our company. We remain equally committed to this declaration as a home purchase group organizer, offering transparency, clarity, quality, adherence to schedules and budgets, coordination of clients’ expectations, the highest quality service and many more benefits for the group home buyer. All of these combine to make it possible for the buyer to relax and enjoy peace of mind in the best of all worlds. This includes prices significantly lower than the market average, as well as:

• Final cost estimates with a high probability level – Tidhar has built over 12,000 residential units and is currently involved in the construction of over 1,000 more. With our experience we are able to predict exact project costs. There is no guesswork, only engineering accuracy!
• A clear schedule, known in advance
• Proper, high quality project planning – Tidhar’s engineers and managers have widespread experience in project planning and can ensure the highest quality of planning and execution to guarantee home buyers a property that will improve over the years.
• Planning flexibility – Although Tidhar is only the purchase group organizer, it has the ability to offer home buyers a 360o system – this translates into apartments customized to the greatest extent possible to individual requirements.
• Proper purchasing securities – Including caveats on the land.
• Convenient financing solutions – Based on Tidhar’s reputation in the financial system.
• Secure legal structure – Tidhar offers home buyers a security net, neutralizing their mutual dependence on one another and guaranteeing the project’s successful execution and completion.
• Quality of execution – As group organizer, we will make sure that the quality of project execution meets the high standards that Tidhar traditionally adheres to. This means no compromises!

Cost Effective Transparency
Group buyers benefit from reduced purchase prices due to the following benefits:

• Members are their own entrepreneurs, thus they profit from the lower price of cancelling entrepreneurial profit
• Savings in marketing and publicity costs
• Savings in financing costs
• Potential savings in tax payments
• Shorter execution time
• Greater efficiency in fulfilling buyers’ individual requirements

Peace of Mind
Buying a home is one of the most important decisions in anyone’s life, and very often the biggest and most complex one. On the other hand, the planning and construction of a building project is a long and complex process demanding extensive knowledge and a high level of integration. Joining a home purchase group organized by Tidhar assures clients of the best and most financially viable transaction that guarantees peace of mind.