
What is a home equity sharing agreement?
You get cash out of your home, in return for a piece of the proceeds when you sell.
Jeffrey L. Beal of Real Estate Solutions has 40 years' experience in multiple phases of the real estate industry, and has been a Certified General Appraiser since 1992. As such, he has consulted and testified as an expert in local, state and federal cases in a variety of matters related to real property or interests in real property where there is an issue of valuation, loss in value, damages or taxation. He is also an expert in issues involving zoning and variances. In addition, he is an expert on appraisal ethics and practice. He is comfortable in front of both a judge and a jury having taught appraisal and real estate courses since 2000 (4,000+ classroom hours). His teaching includes certificate, pre-licensing and continuing education courses at two-year and four-year colleges and private real estate schools.
You get cash out of your home, in return for a piece of the proceeds when you sell.
Today’s mortgage rates aren’t all that different from the rates of years past. Here’s how they compare.
If you can’t pay your mortgage, you may be able to have it modified. Here’s what to look for.
A CD often earns a competitive, fixed rate. Here’s what to know before opening one.
How to estimate your ownership stake, and how much of it you can borrow.
If you can’t qualify for a regular mortgage or want a special setup, this could be an option.
Payday loans are an easy way to get cash, but they have sky-high interest rates.
This method of ownership transfer is mainly used when no money is changing hands.