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Rainmaker
6,603,303
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

It could be used when a non-occupant provides financial assistance.

Jan 27, 2020 10:21 AM
Rainmaker
4,039,221
Richard Weeks
Dallas, TX
REALTOR®, Broker

I have never seen of anyone entering into this type loan.  Why would a buyer want to let a lender share in the apreciation of their property?

Jan 27, 2020 05:31 AM
Rainmaker
5,571,826
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

that's total desperation, in my most humble opinion..... why would anyone want to share equity with a lender.... 

Jan 27, 2020 05:31 AM
Rainmaker
821,467
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

I have never seen one of these. 

Jan 27, 2020 01:13 PM
Ambassador
3,054,625
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I wish you all the best with your real estate studies. 

Jan 27, 2020 09:38 AM
Rainmaker
3,330,425
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I have not seen anyone in 34 years of real estate use this type of loan. There is a new company pushing it, but there are more questions then answers. It is not needed in a booming market like this.

Jan 27, 2020 08:54 AM
Rainmaker
1,898,287
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Not a clue and not really a question for Realtors Seth Rooker . I suggest you pass on questions that won't be on your State exam and focus on true RE questions.

Jan 27, 2020 08:00 AM
Rainmaker
5,582,595
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Desperation?  

Jan 27, 2020 01:17 PM
Rainmaker
1,228,770
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Never seen it happen, doubt I ever would unless someone was desperate or bamboozled.

Jan 27, 2020 06:19 AM
Rainmaker
1,707,423
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

When you have gratitude to your loan officer.

Jan 27, 2020 03:47 PM