Pittsburgh Pennsylvania Equity Sharing Agreement

State:
Multi-State
City:
Pittsburgh
Control #:
US-0955BG
Format:
Word; 
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Description

Equity sharing is an arrangement typically used when a homebuyer cannot afford the full down payment of the home he/she wishes to purchase, but has enough income to pay the full monthly payments. An equity share can also be used where the homebuyer can afford the home but cannot qualify for a mortgage.
Equity sharing is another name for shared ownership or co-ownership. It takes one property, more than one owner, and blends them to maximize profit and tax deductions. Typically, the parties find a home and buy it together as co-owners, but sometimes they join to co-own a property one of them already owns. At the end of an agreed term, they buy one another out or sell the property and split the equity.

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FAQ

It's THE Sports City ? Aptly named the City of Champions, Pittsburgh is home to three widely-known professional sports teams ? the Steelers, Penguins and Pirates ? each with its own dynamic history of world championships, incredible moments and hall of fame players.

First settled in the mid-18th century, Pittsburgh has a wealth of historical sights, from historic forts to exquisitely decorated churches. Its prominent industrial history has left it with elegant beaux-arts buildings, soaring skyscrapers, and 446 bridges, as well as the nickname "Steel City".

Easily navigable waterways with an abundance of natural resources, (coal, timber, natural gas, iron and limestone) helped Pittsburgh become the industrial center for a growing nation. Most people recognize one thing about Pittsburgh's history, that it was known as an industrial hub for coal mining and steel production.

Pittsburgh is a hub for technology, manufacturing, life sciences & health and education.

Pittsburgh is a convenient, affordable place to live and work?with a cost of living 7% lower than the national average, a reasonable median home price of $259,900, and median monthly rent of $1,427. The city also has a range of top-notch companies in the education, technology, healthcare, and steel industries.

Heinz Ketchup This iconic, world-renowned condiment was created in Pittsburgh in 1857. Heinz ramped up production of the tomato ketchup during the 20th century. As of today, the ketchup is no longer produced in the city, but it is still a popular condiment at local restaurants and residents' homes.

Pittsburgh is known for its Steel City Legacy, which pays homage to its rich history as a major steel-producing city. The steel industry played a significant role in shaping the city's identity and continues to be celebrated through various cultural and historical landmarks. What is Pittsburgh, PA Known For? 10 Things to Love About This City redfin.com ? blog ? what-is-pittsburgh-pa-k... redfin.com ? blog ? what-is-pittsburgh-pa-k...

The Commonwealth of Pennsylvania The Commonwealth of Pennsylvania is the sixth largest populated state in the United States. Pittsburgh is the second largest city in Pennsylvania and has an estimated of 310,000 people. About the City of Pittsburgh | pittsburghpa.gov pittsburghpa.gov ? pittsburgh ? pgh-about pittsburghpa.gov ? pittsburgh ? pgh-about

Race and Ethnicity In 2021, there were 2.81 times more White (Non-Hispanic) residents (193k people) in Pittsburgh, PA than any other race or ethnicity. There were 68.8k Black or African American (Non-Hispanic) and 16.8k Asian (Non-Hispanic) residents, the second and third most common ethnic groups.

Pittsburgh is known as "the Steel City" for its dominant role in the history of the U.S. steel industry. For part of the 20th century, Pittsburgh was behind only New York City and Chicago in corporate headquarters employment; it had the most U.S. stockholders per capita.

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Pittsburgh Pennsylvania Equity Sharing Agreement