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Equity Access Agreements

Equity Access Agreements. Homeowner Introduction. NestWorth makes interest free payments to senior homeowners. Equity Access Agreements. Your retirement is safer than you think. An Equity Access Agreement is a contract between you and NestWorth. Equity Access Agreement.

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Equity Access Agreements

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  1. Equity Access Agreements Homeowner Introduction

  2. NestWorth makes interest free payments to senior homeowners. Equity Access Agreements Your retirement is safer than you think

  3. An Equity Access Agreement is a contract between you and NestWorth Equity Access Agreement It is secured by a recorded deed of trust on your home.

  4. You receive substantial monthly payments from NestWorth for a term that is selected by you. Monthly Payments 10,15,20,25 year options You Choose the Payment Term You decide when the Agreement ends

  5. An Equity Access Agreement continues until you sell your home. You’re in control. You decide when to sell your home and the sales price.

  6. You receive the sales proceeds. Sales Proceeds The sales process is controlled by you. The only NestWorth requirement is that it be an “arms length” transaction

  7. When you sell your home you also receive any “Unpaid consideration” from NestWorth Unpaid Consideration Sales Proceeds You receive unpaid consideration if you sell the home before all monthly payments have been made by NestWorth.

  8. You have an “Unpaid consideration” choice. You can take all “Unpaid consideration” at the time of sale or; You can take “Unpaid consideration” as a continuation of monthly payments. The number of available unpaid consideration monthly payments is presented to you by NestWorth at the time of sale This choice is made by you at that time Unpaid Consideration or This feature allows for “portable” payments

  9. The NestWorth Share is the amount NestWorth receives in exchange for the payments sent to you. Payments NestWorth Share The beginning NestWorth Share is specified in the Agreement. It can change when home values in your area change – up or down

  10. When the home is sold the “NestWorth Share” is sent to NestWorth. Unpaid Consideration Sales Proceeds NestWorth Share NestWorth sales proceeds are equal to the NestWorth Share minus any unpaid consideration

  11. The Equity Access Cost All payments that you receive – NestWorth proceeds from your home sale = Equity Access Cost The cost of Equity Access increases when home prices in your area increase and decreases when they decrease. You pay no interest. This is not a loan.

  12. Equity Access Benefits • DependableInterest And Debt-Free Monthly Payments • Flexible • The Interest Free Monthly Payments Can Be Tailored To Fit Your Needs • You Choose When You Want To Move Out Or Sell Your Home, Ending The Agreement • Zero Up Front Origination Cost • Allowing You To Keep More Money In Your Pocket • No Restrictions On Home Values • Allowing Higher Monthly Payments To You • You Can Maintain Your Mortgage • Allows You To Access Existing Equity Lines • Maintain The Tax Benefits From Your Existing Mortgages

  13. Eligibility • The Youngest Homeowner On Title Must Be At Least 60 Years Old • Age + Monthly Term Can Not Exceed 100 • The Home Must Be Occupied As A Primary Residence • The Home Must Be 1-4 Units, Condos Are Eligible • Title Must Be Held By A Natural Person Or Revocable Living Trust • No Maximum On Home Values • Home Must Be Typical For The Area • The Home Must Be Located In An Eligible NestWorth Area • California, Oregon, And Washington

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