Best Shared Appreciation Mortgages
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What is a shared appreciation mortgage?
How do shared appreciation mortgages work?
When is a Shared Appreciation Mortgage a Good Idea?
Are shared appreciation mortgages a good deal?
What are the pros and cons of a Shared Appreciation mortgage?
- Lower interest rates.
- Allows you to buy a more expensive home.
- Easier to qualify for.
- Higher costs.
- Smaller loan amounts.
- Reduces your profit when you sell your house if its value increases.
- You may have to sell the house to repay the mortgage.
- Potential tax issues.
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