EquityKey®

 

Senior Financial Solutions, Inc. is proud to offer the EquityKey® real estate option, enabling us to help many of our clients take full advantage of the future value of their homes, commercial buildings, and other property.

Through the EquityKey® option, qualified property owners age 65 to 85 receive cash today in exchange for a share of the future appreciation of their real estate. In other words, the EquityKey option lets you exchange the possibility of property appreciation in the future for the certainty of money today.

Key Facts
• This patent-pending product is offered by EquityKey®, a real estate investment company based in San Diego, California. As a certified EquityKey® broker, we are able to make it available to you.
• The EquityKey® real estate option is not a loan. There are no monthly payments or interest charges.
• Clients keep their existing equity, andEquityKey® takes the risk, believing that the money it pays to clients today will be recouped through long-term growth in property values.

How does it work?
If one homeowner qualifies, the EquityKey® option typically pays 10% to 15% of the current value of your property in exchange for 50% of the future appreciation.  If two homeowners qualify, they can typically receive 20% to 30% of the property’s current value in exchange for 100% of the future appreciation.

What can I do with the money I receive?
The money our clients receive can be put to use any way they wish. Some use it to meet short-term needs, such as paying off debt, remodeling their home, traveling the world, or funding a grandchild's education. For others, it's a useful tool for longer-term estate planning and tax mitigation.

Whatever your goals, theEquityKey® option provides a sensible alternative to loans, mortgages, and reverse mortgages.

Requirements

To qualify for the EquityKey®real estate option, you must be 65 to 85 years old, and satisfy health requirements by insurance carriers.

The health requirements are necessary because EquityKey® purchases a life insurance policy on qualified property owners as part of every transaction. TheEquityKey® option represents a long-term investment by the company, thereforeEquityKey®bears significant risk if a client were to pass away shortly after receiving their payment, before the real estate has had time to appreciate. The policy protects EquityKey® against any financial losses and provides the funds needed to buy homes, ensuring a smooth estate settlement process for the heirs.

There are three kinds of EquityKey real estate options:

EquityKey® Home: Designed for residential properties with an initial appraised value below $2 million (minimum values vary by state).

EquityKey® Estate: Intended for residential properties with an initial appraised value of $2 million or more.

EquityKey® Commercial: Created for commercial properties with individual or combined values of $2 million to $30 million.