Tag Archive | "Rex Agreement"

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Seattle Times Calls REX Agreement “Stupid Investment”

In August, I warned readers of the dangers of participating in REX agreements and similar equity sharing programs. Basically, these new lenders will give you cash upfront for a share of your home’s appreciating equity. It can be a tempting prospect, but it is an easy way to lose a lot of money a few [...] [...more]

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HELOC Borrowers: Beware of the Rex Agreement

If your home equity line has recently been frozen, beware of “quick-fix” alternatives, such as the Rex Agreement now being advertised. Rex, Inc. is offering homeowners the chance to tap into their equity, despite the fact that their bank has reduced or canceled their lines. Here’s what the company has to say: “The REX Agreement, available in 13 [...] [...more]

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