Unison Homeowner Program

Did you ever go through with it? I've recently come across Unison and I'm intrigued. Definitely interesting that they let you pay it off at anytime so presumably you could just wait until the next housing recession to paid it off.
 
I too am interested in this opportunity. I see a profit in two main ways: 1. arbitrage by investing in something that allows for returns that payoff the investment prior to the required 30 year repayment period; 2. A RE market downturn, allowing for repayment at a lower amount than initially invested.

Thoughts?
 
JackRab said:
I even forgot about that... that adds up over an extended period of time...

Seems like a very sweet deal for the company to me...

So in summary.

- they get about 4x share of the house compared to what they invest (read lend to you), they get 40% while providing 10% capital (or equivalent)
- for them it's interest free... they are in fact paid initially..
- you're actually financing THEM because you still pay mortgage... but only have 60% of property rights.
- they are free from property taxes, the full owner bears that
- inflation likely to pick up, so property will likely rise... definitely in 30 years time period.

No go...
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You say you only have 60% of the property rights...clarification, you have 100% of your property rights. They are only taking 40% of profit from their increase of value from the purchase....unless I'm missing something.
 
SKIBEDFORD said:
You say you only have 60% of the property rights...clarification, you have 100% of your property rights. They are only taking 40% of profit from their increase of value from the purchase....unless I'm missing something.
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For the investor, it is head I win, tail you lose. They get back their initial investment +2.5% + transaction cost + 40% of whatever future appreciations.
 
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