How Does EquiKey Value Homeowner’s Equity?
equiKey values equity based on several key criterion including:
The current, and predicted future, value of the property
The age of the homeowner(s) and any future plans to transition from the home to aged care
The type of home and it’s location
Senior homeowners are able to supplement their retirement income by accessing the equity (Cash) tied up in their home, without moving, and without taking on debt.
property Investors and prosepctive homebuyers are able to purchase fractions of homes, that are not on the open market, without incurring expenses like stamp duty, mortgage premiums and lenders mortgage insurance.
Fractions are discounted using EquiKey’s algorithm, meaning you will often pay less than market value (and sometimes less than a deposit!) for your share in the future sale value of a property. You can also opt to buy the rest of the property at time of sale.
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