May 11, 2015
BETTING ON THE FUTURE VALUE OF YOUR HOME
From an article by Kenneth Harney in Banker & Tradesman
- Home equity lines are up 36% in the last 12 months.
- Another avenue is to share future equity with private investors.
- Take the lump sum of cash now with no interest or payments until you sell then repay the amount taken plus an additional 30-50% of the equity growth of your home value.
- One such company, Equity Key, is writing agreements in California and Florida and expect to expand into D.C. Boston, Oregon, Washington, Colorado and Illinois.