by QuantmRE | Aug 21, 2018 | Shared Equity
A Home Equity Contract allows us to share in the current and future potential increase in the value of your home in exchange for releasing some of the value that is locked up in the equity in your home today. There is no loan, interest charges or monthly payments...
by QuantmRE | Aug 21, 2018 | Shared Equity
A Home Equity Contract is a good way to get immediate value out of your home’s existing equity without the need to take on new debt (i.e., a 2nd loan, HELOC, or reverse mortgage). It also displaces some of the risk of depreciation in the event property values decline...
by QuantmRE | Aug 21, 2018 | Shared Equity
Home Equity Contracts as a way of financing personal housing have been around informally for a long time. The sort of traditional approach in doing this has been for family members of the home buyer, or private or government institutions trying to support...
by QuantmRE | Aug 21, 2018 | Shared Equity
A QuantmRE Home Equity Contract is not a loan or a reverse mortgage. As a homeowner, you do not bear the typically high costs associated with a reverse mortgage, nor do you have to be 62 years or older (our Home Equity Contracts are available to all qualified property...
by QuantmRE | Aug 21, 2018 | Shared Equity
A Home Equity Contract could be the right solution for someone who wants to get cash out of their property without taking on additional debt and incurring monthly interest payments. The homeowner can stay in their home for up to thirty years (depending on the contract...
by QuantmRE | Aug 21, 2018 | Shared Equity
Homeowners are listed as owner on title. QuantmRE will record with the county recorder’s office a lien on your property that protects our interests, but is not a loan, security or swap instrument. Our agreement with the homeowner is simply a consumer contract that...
