WHO & WHAT: You own real estate and want to get cash out of the equity in your existing home, or stop a foreclosure action but you don't want to sell your home unless you absolutely have to. No lenders or mortgage brokers can help you get money. In many cases, the property remains in your name, you are still the owner. And you get the cash up front. In other cases, ownership is transferred to another party with you having the right to transfer the property back into your name at pre-defined terms. nonmortgages® are powerful, creative, non-traditional, private real estate ownership and capital (finance alternative) solutions for any person seeking non-institutional, non-restrictive and flexible ways of real estate ownership.
NonMortgage® Sale - Lease Back
is perfect for situations where:
You have a good downpayment amount and/or great income, but do not qualify for a mortgage.
NonMortgage® Rent to Own
is perfect for situations where:
You want to sell your house, but still live there as a tenant. We will help you.
You are in foreclosure and you want to keep your house?You want to sell your house today on a cash-sale basis. All cash, no financing. You don't waste time or money.
NonMortgage® Third Party Corporate Restructure - Corporate Guarantor
You have one or more real estate assets with substantial equity. The asset ownership is restructured into a third part; a newly created or modified existing corporate entity.
Once your assets are restructured into the corporate entity, the corporation seeks, interviews, evaluates then appoints an officer and director with sufficient net worth to manage the corporation and provide collateral guarantees to prospective lenders for a restructured debt instrument, secured by the corporation's assets.
All shareholders have a unanimous shareholder agreement which establishes the terms of the corporate relationship and manages for foreseeable events, such as demise or incapacitation. A management agreement is established with the officer and director in order to control how the assets are managed, pursuant to directives of the shareholders.
NonMortgage® Option Agreement
is perfect for situations where:
You want to get cash out of the equity in your home. No lenders or mortgage brokers can help you get money. You don't want to sell your home unless you absolutely have to. The property remains in your name, you are still the owner. And you get the cash up front. You will need to visit our non-arm's length company: www.optionsequities.com to learn more (scroll down to understand the importance of the non-arm's length company).
www.optionsequities.com
www.optionsequities.com - Non-Arm's Length Company Notice:
NonMortgage® Solutions are marketed, managed and administered by a non-arm's length company named Options Equities, a division of Bungay International Inc., based in Calgary, Canada. Visit www.optionsequities.com to learn more. Some officers or directors of MortgageQuote Canada Corp. are also officers or directors of Options Equities, a division of Bungay International Inc.