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IGOR MICHEL

Selling a home in little parts

I JUST READ A ARTICLE THAT TALKS ABOUT A COMPANY THAT BUYS A % OF YOU HOME. tHEY DONT LOAN YOU THE MONEY THEY BUY 15 TO 50 % OF YOU HOME.

IF YOUR HOME VALUE GOES UP THEY MAKE MONEY IF IT GOES DOWN THEY LOSE..

The company is called REX AND CO.

 Here is how they say it works this is taken from the company web site.rexandco.com. " The REX Agreement is not a loan, but a real estate investment agreement in the form of a purchase option. It gives homeowners a portion of their home’s equity in cash today—in exchange for the right of REX & Co. to share in a specified percentage of the future increase or decrease in the home’s value.

For the right to share in an agreed upon percentage of the future change in value of the home, REX & Co. pays the homeowner what is called an Option Exercise Price—equal to the current value of the home multiplied by the percentage of the future change in value granted to REX & Co.  If the home increases in value, REX & Co. shares in the gain. If the home declines in value, REX & Co. shares in the loss. Simply stated, there is nothing like the REX Agreement in home finance."

it sound ok .

 

 

 

Published Saturday, July 07, 2007 4:02 PM by IGOR MICHEL

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TrackBack said:

July 7, 2007 4:31 PM
 

scott daniels said:

Igor,

It`s your money....

Not

If you money...

July 8, 2007 12:34 PM

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About IGOR MICHEL

My life is based on competence and integrity. These qualities and more are exactly what I offer as a FULL-SERVICE real estate agent. As your personal representative I’ll guide you from start to finish and beyond; keeping you well informed and comfortable with every move. Buying and selling Real Estate should be educational and an exciting experience. It will probably be the biggest personal transaction you will make in your lifetime. Having a trustworthy patient and dedicated agent is someone you want and need. Always thinking of your desired end result; I take the appropriate action while honoring my responsibility to you. I provide sensitive, caring and dedicated service while remaining attentive and responsive to your needs, sixteen years of managing international business have given me the necessary skills to negotiate with confidence and assure the best possible outcome. I’m an agent that relates from personal experience so I’m familiar with the wave of emotions and understand the challenges ahead. I've learned that great service is rewarded with lifelong clients. My dedication to you is absolute. You can count on me for support, diligence, commitment and the ability to connect with your vision. My goal is to have you succeed in your endeavor. Welcome to south Florida. Here you will find beautiful palms lined streets, top rated schools and you are only a short distance away from great shopping and golden beaches. If you are buying or selling a home, let me make your dream a reality. A Floridian by heart and family! 15 years of international business management “CEO grade”. Member of Palm Beach board of Realtors & National Association of Realtors & certified e specialist To learn more about my creative marketing skills and the customized marketing plan that I prepare for each home I represent, contact me at my Boca Raton office. What makes my approach so successful: is my tireless focus on exceptional service to you. Honesty & commitment to my clients are of the utmost importance. I represent buyers and sellers in their real estate needs from West Palm Beach to Miami Beach.