Benefits of Equity Sharing for Home Buyers
The idea of co-owning property is not new. But prior to Home Equity Share it has been time consuming to find the right partner and costly to create a written agreement.
Equity sharing is simple.
You purchase a house of your choice with the help of an investor who contributes most of the down payment. You pay the mortgage payments and maintain the property while living there. After a number of years you have the option to buy your investor’s share, or you can sell and split the proceeds.
Equity Sharing Benefits
Using the tools we provide, you can easily take advantage of the many benefits of real estate co-ownership.
Smaller loan size
By using funds provided by your investor, you can reduce the size of the mortgage you need to take.
Lower interest rate
Teaming with an investor to pay 20% of the home price up front means you can avoid higher interest rates associated with larger loans and (PMI) mortgage insurance.
Tax deductions
Since you pay the property's expenses, you can deduct the interest and property tax expense on your taxes.
Better property
Your investor partner will provide most of a 20% down payment, so with the money you save you can buy a higher priced property and still afford the monthly payments.
Buyers in special situations may also recognize additional benefits
