Equity partnering sale.
Equity partnering involves a homeowner selling us a property with a significant amount of equity available, Typically over 40% equity after repairs.
We, in turn, sell the property – typically after renovating it – and share the net profits with you, the homeowner.
Qualifying for this programs varies greatly according to the individual property, the location, and the amount of renovations that are needed. However, equity partnering is not available for every property; a sufficient amount of equity is needed to make enough profit to justify the transaction.
Equity partnering is an excellent program for homeowners who need to renovate their property in order to get top-dollar but do not have the funds to do so.
In some cases, we can reinstate the loan and take over the payments going forward. When the property is sold or refinanced in the future, the net profits are split with the homeowner at the time of closing.
There are a wide variety of equity partnering solutions that may be available to you, of course, it all depends on the specific situation.
This type of sale has a variety of advantages for the homeowner:
The downside to this strategy is that the homeowner has to wait until the house gets sold or refinanced to get any money.
If equity partnering sounds like something that would work for you, give us a call. We will explore possible equity partnering solution available to your specific situation.
Consulting with you was such an eye opening experience…...I had no idea I had so many options to sell my house. Thank you for making my home selling experience so easy and hassle-free!