Equity Access Equity Access Agreements Agreements Homeowner Introduction
Dec 21, 2014
Equity Access AgreementsEquity Access Agreements
Homeowner Introduction
Your retirement is safer than you thinkYour retirement is safer than you think
An Equity Access Agreement is a contract between you and NestWorth
It is secured by a recorded deed of trust on your home.
Equity Access Agreement
You receive substantial monthly payments from NestWorth for a term that is selected by you.
You Choose the Payment Term
Monthly Payments10 to 25 year options
YouYou decide when the Agreement ends decide when the Agreement ends
An Equity Access Agreement continues until you sell your home.
You’re in control. You decide You’re in control. You decide whenwhen to sell your home to sell your home andand the the sales price. sales price.
You receive the sales proceeds.
The sales process is controlled by you. The only NestWorth The sales process is controlled by you. The only NestWorth requirement is that it be an “arms length” transactionrequirement is that it be an “arms length” transaction
Sales Proceeds
When you sell your home you also receive any “Unpaid consideration” from NestWorth
Unpaid Consideration
NestWorth pays you any unpaid payments when you sell your homeNestWorth pays you any unpaid payments when you sell your home
Sales Proceeds
The NestWorth Share is the amount NestWorth receives in exchange for the payments sent to you.
Payments
NestWorth Share
The beginning NestWorth Share is specified in the The beginning NestWorth Share is specified in the Agreement. It can increase when the values of homes in your Agreement. It can increase when the values of homes in your
area increase.area increase.
NestWorth Share
Unpaid Consideration
NestWorth sales proceeds are equal to the NestWorth Share minus any NestWorth sales proceeds are equal to the NestWorth Share minus any unpaid considerationunpaid consideration
When the home is sold the “NestWorth Share” is sent to NestWorth.
Sales Proceeds
The Equity Access Cost
The cost of Equity Access increases when home prices in your The cost of Equity Access increases when home prices in your area increase and decreases when they decrease. You pay no area increase and decreases when they decrease. You pay no
interest. This is not a loan.interest. This is not a loan.
All payments that you receive
– NestWorth proceeds from your home sale
= Equity Access Cost
Equity Access Benefits
Dependable Interest And Debt-Free Monthly Payments
Flexible • The Interest Free Monthly Payments Can Be Tailored To Fit Your
Needs• You Choose When You Want To Move Out Or Sell Your Home,
Ending The Agreement
Zero Up Front Origination Cost• Allowing You To Keep More Money In Your Pocket
No Restrictions On Home Values• Allowing Higher Monthly Payments To You
You Can Maintain Your Mortgage• Allows You To Access Existing Equity Lines• Maintain The Tax Benefits From Your Existing Mortgages
•The Youngest Homeowner On Title Must Be At Least 60 Years Old• Age + Monthly Term Can Not Exceed 100
•The Home Must Be Occupied As A Primary Residence
•The Home Must Be 1-4 Units, Condos Are Eligible
•Title Must Be Held By A Natural Person Or Revocable Living Trust
• No Maximum On Home Values• Home Must Be Typical For The Area
•The Home Must Be Located In An Eligible NestWorth Area• California, Oregon, And Washington
Eligibility