Creative Way to Access Home Equity ..

I'm generally opposed to people recklessly taking equity out of their home to spend on consumption, but for those who insist or have another reason to exchange equity for cash, here is another option. They basically give you cash in exchange for partial ownership of your home. It's a way to get your hands on cash but just as with a traditional home equity loan, it's not free since it will end up costing you when you sell your home.

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