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IrvineRenter, I digged a little on the issue of SAM (Shared Appreciation Mortgage). Apparently, SAM is usually given at about 2% below the market rate, so instead of a 6% loan, you will get a 4% loan, so the reduction is not as big as we initially thought. It is unlikely the girl in question...

<p>Aside from the tax advantage, which at the reduced monthly payment, does not really matter, I would love to get one of these loans. However, I think it is rather important to seek some clarification on the issues of forced sale and debt against the properity from the investor. Like...

Now that I think about it, this almost sounds exactly like the land slave (peasent slave) in the ancient times. I believe one of the main reason for Chinese civil war was due to the large number of land slave in the country. I hope US don't head down the same route

<p>nirvinerealtor</p> <p>In that case, it is not a equity shared loan, but an apprecation shared loan. I am quite confused on two points. First, there should not be any/or significant tax advantage since the interest is low. Second, the investor won't really get hurt because as a lender...

<p>I checked out rex-inc.com, looks like you can only extract existing equity in the house rather than future equity, or am I wrong on that little detail? If rex-inc allows one to extract future equity, how do they compute the future equity anyway? </p> <p>After reading nirvinerealtor's post...