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Home Equity Agreement
This is different from a Home Equity Loan, Line of Credit or even a Reverse Mortgage. A Home Equity Agreement is not a loan, we take a share in the potential appreciation of your home, helping you unlock your home equity with no monthly payments and no added debt. You receive cash quickly and retain all the rights and privileges of the ownership of your property. You and the investors share in the appreciation (or depreciation) of the home unlike debt, The homeowners liability is connected to the value of the home.
Pros:
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No monthly payments
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No interest
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No restrictions on how you use the money.
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No need to payoff existing mortgage
Cons:
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When you go sell your home, the investor will share in some of the equity.
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Available in only 19 States
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