Anyone have experience with Unison

[Leon Li]

Has anyone tried Unison, I did my research on them and seem like a really good idea. They give 20% equity back in exchange for future appreciation, no payments for 30 years. I was offered 80k cash for 40% future appreciate or 40k for 20%. Its big gamble but I have the option to pay it off anytime after 3 years. They would have 3rd lien position after heloc. Probably not the best idea for property near seattle.

[Casida Caines]

Looks like we have all similar questions because this could be a great way to invest our equity. I've looked into Unison, Home Tap and Point but I haven't signed up. My biggest concern after reading the reviews on the following link was customers mentioning the low end appraisals Unison comes back with, compare to you city/state annual assessments, and/or private appraisals.

Link:

http://moneymetagame.com/fi/unison-homeowner-equity-access-is-probably-a-terrible-idea/