Product Details

• Amazon Sales Rank: #1425219 in Books
• Published on: 1990-06-01
• Original language: English
• Number of items: 1
• Binding: Paperback
• 384 pages

From Library Journal
Equity sharing is an arrangement in which an owner-occupant and a nonresident owner pool their funds to buy a property. It is an especially useful device in areas where real estate costs are rapidly escalating, and it can benefit both home buyers who are a little short of cash and investors weary of the hassles of rental property management. The authors, founders of the National Institute of Equity Sharing, an organization which trains real estate agents and brokers in equity share purchases, thoroughly explain what it means to share equity, presenting many financing alternatives in concrete terms and detailing the tax consequences for both parties. Of particular value is a model shared-equity financing agreement the authors have developed for their organization. A worthwhile addition to public library real estate collections.
- Jack Ray, Loyola/Notre Dame Lib., Baltimore
Copyright 1990 Reed Business Information, Inc.