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Article: Innovative Program Allows Maryland Homeowners to Tap Equity without Debt, Interest or Monthly Payments.
- Article from:
- Investment Weekly News
- Article date:
- August 18, 2008
CopyrightCOPYRIGHT 2008 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Maryland homeowners now have the ability to unlock equity in their homes without ever incurring debt, interest charges or monthly payments. REX & Co., a real estate investment company dedicated to creating safe alternatives to debt financing, announced that it is offering the REX Agreement in Maryland. The REX Agreement allows homeowners to convert a portion of their home's value into cash now in exchange for granting REX & Co. a portion of the future increase or decrease in the home's value. The REX Agreement is available in 11 states nationwide, including Connecticut, Massachusetts, New Jersey and Virginia.
"Responsible homeowners have worked hard to build ...