Empower your home

During the application stage, we look at several factors including home value, property type, existing mortgages and credit history to determine the amount you qualify for and Home Equity Stake exchange percentage. These numbers are shared with you during the application process for approval.

We offer a 100% online process and funds in as quickly as 5 days. Receive an instant estimate and pre-qualify in minutes. Once pre-qualified, homeowners go through a short application process and receive funds days later. Check out Our Process for more details.

Through our 100% online process, customers can receive same day approval and funds in as quickly as 5 days.

Our Home Equity Stakes last up to 10 years but you are welcome to buy us out at any time before that. Customers frequently buy us out through savings, refinances, or when they sell their home. There is no early buyout penalty or pre-payment fees at any point.

There is a 4% origination fee along with any 3rd party fees that can vary state by state. Once determined, this is taken out of the amount received so you have zero out of pocket expenses.

During the length of the Home Equity Stake, homeowners are expected to maintain their homes and keep them in good condition. If any value of the home is lost through negligence of the property, Abode Awhile reserves the right to adjust the value of the Home Equity Stake to account for this difference. This adjustment will be determined by a 3rd party appraiser however normal wear and tear does not apply.

During the entire length of the Home Equity Stake, homeowners are required to stay current on their mortgage, taxes, HoA dues, homeowners insurance, flood insurance (if applicable) and any other obligations associated with the property. Failure to do so could result in the Home Equity Stake being recalled.

We limit our return and set a cap at a 25% annualized appreciation, so if your home surpasses this, you benefit and keep all the excess appreciation.

During the entire length of the Home Equity Stake, you maintain the right to all benefits of homeownership including tax benefits. Please consult with your tax accountant for any and all tax related questions.

If you put work into your home, we want you to reap all the benefits including financial. At the end of the Home Equity Stake, you let us know of any home improvements over $25,000 that were made to the property during the Home Equity Stake. We do not share in any increased value directly created by your improvements.

It is important to save all documentation of work completed including photographed evidence of property before and after, building permits, project description and receipts. At the end of the Home Equity Stake, a 3rd party appraiser will determine value created by your improvements and that will be excluded from Abode Awhile’s stake. It is important to note that project cost does not always translate directly into home value appreciation, meaning an $80k project may only increase the property value by $20k.

We hope this never happens but if your home is impacted by a natural disaster or burns down, the first step is to see if the property can be restored to its condition pre-disaster. If not, an appraiser is brought in to determine the property value pre-disaster and we receive our share from the insurance payout.

At any point during the 10-year term, you may close your Home Equity Stake. This can be done through our website or by contacting us directly.

We take the value of your home on date you’d like to buy us out and determine the payout owed based on the original agreement. This is simply the percentage agreed upon upfront multiplied by the home’s value during the final appraisal. It is important to note that the home’s value will be determined through 3rd party appraisal and not what it’s sold for.

Since our percentage of ownership is calculated upfront, we apply this percentage to the home’s final appraised value to determine the proceeds due to Abode Awhile when the stake is closed.

No. You just let us know you’d like to buy us out of our stake and we calculate the final home value and proceeds due.

Yes, at any point during the Home Equity Stake, homeowners can opt to buy out a portion of the equity stake while keeping the remaining balance in place for the duration of the Home Equity Stake period. There are no restrictions on how many partial buy-outs a homeowner can do, however each is subject to an administrative fee for processing each transaction.

Once the 10-year term is up, our agreement has come to an end. A final home value will be determined and amount due will be calculated. At this point, payoff instructions will be provided to the homeowner via web portal or over the phone.

No, homeowners are welcome to buy us out during any point of the 10-year term. Unlike HELOCs and other products in the marketplace, there is no early termination fee at all.

No. You’re free to sell your home at any point during the length of the agreement. Just let us know when it’s time and we will receive our portion when your home sells. It is important to note that the home’s value will be determined through 3rd party appraisal and not what it’s sold for.

While we are not directly involved in the home sales process, we ask that you let us know you are planning to sell your home. Once an offer is received, please notify us of the amount. The sales price must meet or exceed the market value of the home.

No, you are free to buy us out any way you choose. This includes savings, refinances, and through other mortgage related products. Selling your home is only one of the ways our customers choose to close the stake.