No Need to Be House Poor
So long as you have a steady income (which means
not out on furlough or unemployed), and a pre-pandemic credit
rating of 680 and above, banks are still making mortgage loans.
That means you can downsize, lower your payments, and with a bit
of creativity take money out of your house and set it aside as a
rainy day fund or cash reserve.
Sell your $500,000 house,
Downsize to a $450,000 house
Sell 1/3 of future appreciation to an investor for $45,000
Put $20,000 toward the house and $25,000 in the bank
Sell Your Existing House
here to see a valuation on your house. Note: this is from a
computer and not from a person who has seen your
house. It is a beginning. We need to see your
house to assess its true value and give you a suggested
Get $ Today for a Share of Future
Investors such as Unison,
Point, Home Tap and more will
pay you cash today to share in the future appreciation of
your new house. Typically they want roughly 35% of
the future appreciation in return for giving you 10% of
the purchase price of the house in CASH. You pay
them ZERO until the house is sold (or when the typically
30 year agreement expires). Only then do you repay
the cash and appreciation share.
We Can Help You Through This Process
Our team has been helping real estate buyers and
seller for almost two decades. We have been through prior
crises and market setbacks. We know what it means to sell
a house at short sale, to face the risk of credit ruin and even
bankruptcy. We have done transactions with the "shared
equity" investors. You are not in this alone. We can
take on some of the burden and relieve your stress.
Here and reach out today.
BestHomesPDX.com is part of the Virtual Realty
Group. OR License #201229331
5928 SW Karla Ct, Portland OR 97239