What are the basic steps in getting a REX Agreement?
• The homeowner decides how much cash they want from a REX Agreement and/or the percentage of the future change in value of the home they are willing to share with EquityRock. • The homeowner and EquityRock agree on the value of the home using various valuation tools including a 3rd party appraisal. • The homeowner completes an application and, if the application is approved, EquityRock determines the exact amount of the cash payments, and formally offers a REX Agreement to the homeowner. If the homeowner accepts, the REX Agreements is completed and the homeowner receives the cast payment.
Related Questions
- Once a bankruptcy is filed by the mortgagee, what are the basic steps for a lender in pursuing the mortgaged collateral or obtaining recovery of the loan?
- Frequently Asked Questions What are the basic steps to obtain a 90 Day Service Agreement that can be offered to Buyer of my vehicle?
- What are the basic steps for good skin care?
