New Solution: Home Purchase Differentials to Support Your U.S. Talent Deployment Strategy!

Aug 22, 2022 @ 04:17 PM / by Jordan Blue

New Solution: Home Purchase Differentials
to Support Your U.S. Talent Deployment Strategy!

Relocating talent in the U.S. can create affordability challenges for your employees, especially when deploying talent to high-cost locations. AIRINC has developed an innovative new solution that helps your employees when they need it most -- up-front when they are looking to purchase a home.

AIRINC’s Home Purchase Differential was designed based on actual client needs and calculates a lump sum payment to cover the additional cost of buying in higher-cost markets. The differential provides an up-front payment that the employee can use to secure a larger down payment, allowing access to more affordable monthly mortgage payments. You have the option to tailor the payment to your policies - tapering or setting a threshold for the payment.

Home Purchase Differential reports can help by:

Providing a “know before you go” comparison between housing markets to help educate employees before they accept their relocation
Estimating home sale/purchase costs, which can be used in cost estimates or for creating lump sums
Determining if assistance is necessary and, if so, at what level
Calculating the required down payment assistance to help employees secure affordable long-term housing

By comparing home purchase costs between the origin and the destination, mobility professionals can help to facilitate a successful relocation. Contact us or reach out to your AIRINC representative to learn more.

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Topics: Housing, AIRINC Insider, Global Mobility, AIRINC News, Solution overview, Calculate a housing budget, Domestic Mobility Programs, United States, Domestic Moves, Domestic Housing Premium

Written by Jordan Blue

Jordan joined AIRINC as the Director of the West Coast in the summer of 2017. Prior to joining AIRINC he worked for Deloitte, Mercer, and CareerBuilder. He and his team support client engagement from Denver to the Pacific by advising on data use, policy questions, assignment strategy, and more. Jordan works with companies of all types but lives in San Francisco and primarily focuses on the Technology industry. He specializes in helping companies develop and administer host-based assignments, short-term assignments, and permanent moves. He also leads our Engineering & Construction industry benchmark group. Jordan earned his Bachelor’s degree in Organizational Leadership from Miami University in 2003 and his MBA with concentrations in Applied Economics and Change Management from DePaul University in 2010.

We help our clients address expatriate compensation and mobility issues in a complex global environment through advisory services, data services, and technology solutions, while providing our employees with a culture of teamwork, global knowledge, career growth, and interesting solutions to challenging problems.

We understand that people make an organization successful. We empower companies to deploy global talent by leveraging high quality-data, decision-making tools, and thought-leading advice. Our industry expertise, solutions, and consultative approach enable us to partner with clients to deliver value. Learn more by clicking here.