Tap Your Home’s Equity Without A Loan!
Home Loans Tap Into Your Equity ... But Do It With a Partner!!!
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The white-hot real estate market may be bad news for first-time home buyers … but it’s excellent news for people who already own.
A company called Hometap has created a better way to tap into your home equity. Like a bank, Hometap will give you a lump sum of cash based on your home’s existing equity.
You can then use this cash to renovate your kitchen, pay for college, invest for retirement, etc. But, unlike a bank, Hometap is an investor. So, instead of paying them back in monthly installments with interest, you simply give them a small ownership stake in your property.
When you eventually settle the investment through a buyout with savings, refinance, or sale of your home, Hometap gets its cut. However, because you don’t have to settle up for ten years, there’s a very good chance the value of your home will increase even further.
If you’re looking for a way to tap into your home equity without taking out yet another loan, you need to look at Hometap. It just might change your life forever.
Prices subject to change.