How home equity sharing companies work & where to find them
July 9, 2020
A home equity shared agreement is an agreement between you and an investment company that gives the company a portion of your home’s equity in exchange for cash.
You’ll lose partial ownership of your property with these agreements, but you’ll get access to interest-free cash, and you also offload some of the risks of falling home prices.
This article originally appeared on LendEDU. Read the full article here.