Colorado Springs Colorado Equity Share Agreement
Category:
State:
Multi-State
City:
Colorado Springs
Control #:
US-02511BG
Format:
Word
Instant download
Description
In equity sharing both parties benefit from the relationship. Equity sharing, also known as housing equity partnership (HEP), gives a person the opportunity to purchase a home even if he cannot afford a mortgage on the whole of the current value. Often the remaining share is held by the house builder, property owner or a housing association. Both parties receive tax benefits. Another advantage is the return on investment for the investor, while for the occupier a home becomes readily available even when funds are insufficient.
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