{SAVE|CONSERVE} NOW: {Unlock|Open} your {home|house} equity with {a home|a house} co-investment – {Suburban|Rural} Journals

be {right|best|ideal} for you is co-investing.|If you’re on the fence about taking on another {monthly|regular monthly|month-to-month} loan payment, {an option|a choice|an alternative} that {may|might}

be right for you {is|best|ideal} co-investing.} With {a home|a house} equity loan, you {borrow|obtain} {against|versus} the equity {in your home|in your house} and {receive|get} {a lump|a swelling} {sum|amount} of {money|cash} that you {have to|need to} {pay back|repay} {each month|monthly|every month} over {a specified|a defined} term — {commonly|typically|frequently} 15 years.

The {interest rate|rate of interest|rates of interest} is {usually|typically|normally|generally} {fixed|repaired}, {but|however} is {typically|generally|usually|normally} {higher|greater} than your {primary|main} {mortgage|home loan|home mortgage}.

Co-investing {offers|deals} {an alternative|an option} to {traditional|conventional|standard} {home|house} equity loans. {In a nutshell, the co-investing {company|business} pays the {homeowner|property owner|house owner} {an upfront|an in advance} {amount|quantity}, {with no|without any} {repayments|payments} for a set {number of|variety of} years or {until|up until|till} the {home|house} is {sold|offered}, whichever {comes first|precedes}.|In a nutshell, the co-investing {company|business} pays the {homeowner|property owner|house owner} {an upfront|an in advance} {amount|quantity}, with no {repayments|payments} for a set number of years or {until|up until|till} the {home|house} is {sold|offered}, whichever comes.} There {may|might} {also|likewise} be {an option|a choice|an alternative} to {buy|purchase} the {company|business} out, after a minimum {restriction|limitation|constraint} {period|duration} passes. This {option|choice|alternative} can be {ideal|perfect} for {a homeowner|a property owner|a house owner} who {wants|desires} access to {cash|money} without the {added|included} {financial|monetary} {burden|concern|problem} of {monthly|regular monthly|month-to-month} loan payments, who {has|has actually} {lived in|resided in} {a home|a house} {long enough|enough time} to {build up|develop} some equity and {plans|prepares} to {stay at|remain at} least another {five|5} years.

Unison, a San-Francisco-based {real estate|realty|property} {company|business}, is a leader in the growing field of co-investment. Unison {offers|provides|uses} {homeowners|property owners|house owners} {a cash|a money} payment of {up to|as much as|approximately} 17.5 percent of their {home|house}’s {current|present|existing} {market value|market price}. When {the house|your home|your house} is {sold|offered} or {30 years|thirty years} pass, the owner pays Unison {an amount|a quantity} {equal|equivalent} to the {initial|preliminary} co-investment, plus (or minus) {a percentage|a portion} of the {home|house}’s {appreciated|valued} (or {depreciated|diminished}) {value|worth}.

Here’s an example: {A homeowner|A property owner|A house owner} whose {home|house} is {currently|presently} worth $500,000 and who {needed|required} $25,000 in {cash|money} ({five|5} percent of the {home|house}’s {value|worth}) would {repay|pay back} {an amount|a quantity} {equal|equivalent} to $25,000 plus 25 percent of the {amount|quantity} {the house|your home|your house} {appreciates|values} in {value|worth} {during|throughout} the time of the co-investment. With {a larger|a bigger} co-investment, the {company|business} {receives|gets} {a larger|a bigger} share of the {appreciation|gratitude} in {value|worth}.

{Homeowners|Property owners|House owners} can {use|utilize} their {cash|money} for anything, {but|however} Unison {recommends|suggests|advises} something of {long-term|long-lasting} {value|worth}, such as kids’ college tuition, medical {expenses|costs|expenditures}, {home|house} {remodeling|renovation|improvement} or investing in {diverse|varied} stocks and bonds.

Other {benefits|advantages} of co-investing: Keeping gains from {remodeling|renovating|redesigning} work and keeping the equity {built|developed|constructed} from {prompt|timely} {mortgage|home loan|home mortgage} payments.

Being {a good|a great|an excellent} {candidate|prospect} for {homeowner|property owner|house owner} co-investing is not so {different|various} from being {a good|a great|an excellent} {homeowner|property owner|house owner} {generally|typically|normally|usually}. Unison {requires|needs} {homeowners|property owners|house owners} keep the {home|house} as their {primary|main} {residence|home|house}; {stay|remain} {current|present|existing} on payments for {mortgages|home loans|home mortgages}, {property tax|real estate tax} and {homeowners|property owners|house owners}’ {insurance|insurance coverage}; keep the {home|house} {well-maintained|well-kept|properly maintained} to {{retain|keep|maintain} and increase|increase and {retain|keep|maintain}} {value|worth}; and keep Unison {informed|notified} of {issues|problems|concerns}, such as {remodeling|renovating|redesigning} {{plans|strategies} or {emergencies|emergency situations}|{emergencies|emergency situations} or {plans|strategies}}, such as natural {disasters|catastrophes}, {bankruptcy|insolvency|personal bankruptcy} or {plans|strategies} to {sell|offer} the {home|house}.

To {find out|discover|learn} how Unison can {help|assist} you get the most out of homeownership, {visit|go to|check out|see} unison.com.