All Forum Posts by: Michael Edwards

Thank you for your input, Chris. 

HEIs, offered by companies like Unison, Point, and Hometap, are not about paying off mortgage in exchange for equity. Instead, they typically provide cash for a percentage of your home's value (usually up to 30%) in exchange for a share of future house price appreciation. This lets homeowners access their equity without taking on new debt, additional monthly payments, or having to move out. As I am considering this option, I am looking for a standard agreement from one of these companies.

Hello BiggerPockets,

I'm seriously thinking about using Home Equity Investment (HEI) to become debt-free, but I want to make sure I understand all the details before diving in. I've been looking into companies like Unison, Point, and Hometap, but I haven't been able to find a copy of their standard agreements online.

Would anyone be willing to share a copy of a standard agreement from one of these companies (or a similar HEI provider)? I'd really appreciate the chance to review the terms and conditions before making any decisions.

If you've gone through this process and have insights to share, I'd love to hear about your experience too.

Thanks in advance for any help you can offer!