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Equity Access Homeowner Introduction
Equity Access Homeowner Introduction
Equity Access Homeowner Introduction
Equity Access Homeowner Introduction
Equity Access Homeowner Introduction
Equity Access Homeowner Introduction
Equity Access Homeowner Introduction
Equity Access Homeowner Introduction
Equity Access Homeowner Introduction
Equity Access Homeowner Introduction
Equity Access Homeowner Introduction
Equity Access Homeowner Introduction
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Equity Access Homeowner Introduction

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This presentation introduces homeowners to the NestWorth Equity Access Agreement - the alternative to the jumbo reverse mortgage.

This presentation introduces homeowners to the NestWorth Equity Access Agreement - the alternative to the jumbo reverse mortgage.

Published in: Economy & Finance, Business
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Transcript

  • 1. Equity Access Agreements Homeowner Introduction
  • 2. Your retirement is safer than you think
  • 3. An Equity Access Agreement is a contract between you and NestWorth It is secured by a recorded deed of trust on your home. Equity Access Agreement
  • 4. You receive substantial monthly payments from NestWorth for a term that is selected by you. You Choose the Payment Term Monthly Payments 10 to 25 year options You decide when the Agreement ends
  • 5. An Equity Access Agreement continues until you sell your home. You’re in control. You decide when to sell your home and the sales price.
  • 6. You receive the sales proceeds. The sales process is controlled by you. The only NestWorth requirement is that it be an “arms length” transaction Sales Proceeds
  • 7. When you sell your home you also receive any “ Unpaid consideration” from NestWorth Unpaid Consideration NestWorth pays you any unpaid payments when you sell your home Sales Proceeds
  • 8. The NestWorth Share is the amount NestWorth receives in exchange for the payments sent to you. Payments NestWorth Share The beginning NestWorth Share is specified in the Agreement. It can increase when the values of homes in your area increase.
  • 9. When the home is sold the “NestWorth Share” is sent to NestWorth. NestWorth Share Unpaid Consideration NestWorth sales proceeds are equal to the NestWorth Share minus any unpaid consideration Sales Proceeds
  • 10. The Equity Access Cost <ul><ul><li>All payments that you receive </li></ul></ul><ul><ul><li>– NestWorth proceeds from your home sale </li></ul></ul><ul><ul><li>= Equity Access Cost </li></ul></ul>The cost of Equity Access increases when home prices in your area increase and decreases when they decrease. You pay no interest. This is not a loan.
  • 11. <ul><li>Equity Access Benefits </li></ul><ul><ul><li>Dependable Interest And Debt-Free Monthly Payments </li></ul></ul><ul><ul><li>Flexible </li></ul></ul><ul><ul><ul><li>The Interest Free Monthly Payments Can Be Tailored To Fit Your Needs </li></ul></ul></ul><ul><ul><ul><li>You Choose When You Want To Move Out Or Sell Your Home, Ending The Agreement </li></ul></ul></ul><ul><ul><li>Zero Up Front Origination Cost </li></ul></ul><ul><ul><ul><li>Allowing You To Keep More Money In Your Pocket </li></ul></ul></ul><ul><ul><li>No Restrictions On Home Values </li></ul></ul><ul><ul><ul><li>Allowing Higher Monthly Payments To You </li></ul></ul></ul><ul><ul><li>You Can Maintain Your Mortgage </li></ul></ul><ul><ul><ul><li>Allows You To Access Existing Equity Lines </li></ul></ul></ul><ul><ul><ul><li>Maintain The Tax Benefits From Your Existing Mortgages </li></ul></ul></ul>
  • 12. Eligibility <ul><li>The Youngest Homeowner On Title Must Be At Least 60 Years Old </li></ul><ul><ul><li>Age + Monthly Term Can Not Exceed 100 </li></ul></ul><ul><li>The Home Must Be Occupied As A Primary Residence </li></ul><ul><li>The Home Must Be 1-4 Units, Condos Are Eligible </li></ul><ul><li>Title Must Be Held By A Natural Person Or Revocable Living Trust </li></ul><ul><ul><ul><li>No Maximum On Home Values </li></ul></ul></ul><ul><ul><li>Home Must Be Typical For The Area </li></ul></ul><ul><li>The Home Must Be Located In An Eligible NestWorth Area </li></ul><ul><ul><li>California, Oregon, And Washington </li></ul></ul>

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