Gary  Meek, (916) 995-9385 (GM2 )

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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I have not heard of the program.  Like Barbara Todaro - I would never recommend a program like that.

Mar 12, 2018 11:53 AM
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

I would have to ask John Meussner. I've never heard of it or had anyone request such a program.

Mar 12, 2018 08:49 PM
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Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I've not heard of them.... and I'd never recommend that to a potential buyer.... there are others methods of obtaining upfront money....

Mar 12, 2018 11:50 AM
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Richard Weeks
Dallas, TX
REALTOR®, Broker

I have never heard of them.

Mar 12, 2018 11:43 AM
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Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

As our Mimi Foster would say "Run, Forrest, Run!"

Mar 13, 2018 07:14 AM
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Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Have not heard of them Gary Meek 

Mar 12, 2018 05:26 PM
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Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

      What is the guarantee that they will receive this equity?  Are they on the deed?  Or a silent second mortgage?   What about approval from the Lender, since they are basically borrowing the down payment?

Mar 12, 2018 02:16 PM
Rainmaker
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Lyn Sims
Schaumburg, IL
Schaumburg Real Estate Agent Retired

Haven't heard of it but it doesn't make sense for Unison not to be on title. Something ain't right here.

Mar 12, 2018 01:39 PM
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Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I have not heard of this and I would not recommend something where another entity has a portion of your equity.

Mar 12, 2018 12:25 PM
Rainmaker
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Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

I have never heard of this program.

Mar 12, 2018 12:09 PM
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Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Nope, sorry. 

Mar 12, 2018 12:07 PM
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Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

no, I did not, or likely just did not even pay any attention if I ever was pitched.

Mar 12, 2018 11:20 PM
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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I have not heard of this. Just the details you provided are enough for me to stay away. 

Mar 12, 2018 08:18 PM
Rainmaker
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I have not

Mar 12, 2018 03:02 PM
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Never heard of it and feel better off not knowing!

Mar 12, 2018 01:24 PM
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Nope.

Mar 12, 2018 12:31 PM
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Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Something to look into, thanks

 

Mar 12, 2018 12:15 PM
Rainmaker
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Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Hmmm. that sounds creative.

I'm in need of seeing if this is somehow attached to the property. If not the borrower, who could not scratch together a down-payment can walk. 

BUT, for those who are lacking sufficient funds for the 20% for a conventional mortgage, Unison's 50% of down-payment offer would be attractive and economically beneficial. (NO PMI)

They have been around since BEFORE the crash. Need to see the % of equity they will stake a claim to.

@gary Gary Meek 

Here is a little chart I found on the Website FAQ.

CHART

As you can see it is a convienent and EXPENSIVE Loan. (35%)

Mar 12, 2018 12:04 PM
Rainmaker
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Sorry, never heard of them.

Mar 15, 2018 07:47 AM
Rainer
401,743
Gary Meek
GM2 - Roseville, CA
(916) 995-9385

Thank you everyone for the continued feedback. 

Mar 14, 2018 09:04 AM
Rainmaker
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Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

I have heard of some but  things like this but don't recall the name... the one I heard of participated equally 50/50 in the appreciation of the property. It sounded shady I didn't look further though. 

Mar 13, 2018 05:40 PM
Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

No.

Mar 13, 2018 08:22 AM
Rainmaker
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I have not.

Mar 13, 2018 06:53 AM
Rainmaker
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Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Nope

Mar 13, 2018 06:14 AM
Rainmaker
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Bruce Walter
Keller Williams Realty Lafayette/West Lafayette, Indiana - West Lafayette, IN

. . . initially  thought you were referring to former Secretary of State Tillerson-seems like a huge lack of unison with the president.   ^_~

Mar 13, 2018 06:09 AM
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

@meeGary Meek - not heard of 'REX' or Unison.

Mar 12, 2018 10:42 PM
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Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I am not familiar with either company...

Mar 12, 2018 08:50 PM
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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

No, haven't hear of this but just did some quick research - not something I would feel comfortable recommending.

Mar 12, 2018 04:13 PM