Gary  Meek, (916) 995-9385 (NewVision Realty Group)

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Rainmaker
2,584,659
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

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

Mar 12, 2018 11:53 AM
Ambassador
2,526,309
Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

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
Rainmaker
4,260,079
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"Franklin MA Homes"

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
Rainmaker
2,453,235
Richard Weeks
Dallas, TX
REALTOR®, Broker

I have never heard of them.

Mar 12, 2018 11:43 AM
Rainmaker
796,640
Thomas J. Nelson, Realtor, ePRO, CRS, RCS-D
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
Rainmaker
591,011
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Have not heard of them Gary Meek 

Mar 12, 2018 05:26 PM
Ambassador
2,051,678
Fred Griffin
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
1,372,180
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Area Real Estate

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
Rainmaker
1,067,656
Ryan Huggins - Thousand Oaks, CA
www.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
2,880,035
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

I have never heard of this program.

Mar 12, 2018 12:09 PM
Rainmaker
2,387,678
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Nope, sorry. 

Mar 12, 2018 12:07 PM
Rainmaker
1,346,308
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Los Angeles 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
Ambassador
3,662,232
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

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
3,583,257
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
Rainmaker
2,645,359
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker

Never heard of it and feel better off not knowing!

Mar 12, 2018 01:24 PM
Rainmaker
4,598,760
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Nope.

Mar 12, 2018 12:31 PM
Ambassador
3,389,524
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams fox cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Something to look into, thanks

 

Mar 12, 2018 12:15 PM
Rainmaker
652,958
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
3,521,691
Joan Cox
Metro Brokers - 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
318,021
Gary Meek
NewVision Realty Group - Roseville, CA
(916) 995-9385

Thank you everyone for the continued feedback. 

Mar 14, 2018 09:04 AM
Rainmaker
369,306
David Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality

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
3,994,926
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

No.

Mar 13, 2018 08:22 AM
Rainmaker
4,246,747
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
2,926,422
Tony and Suzanne Marriott, Associate Brokers
BVO Luxury Group @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

Nope

Mar 13, 2018 06:14 AM
Rainmaker
726,746
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
Ambassador
3,990,144
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
Ambassador
2,704,961
Paul S. Henderson, REALTOR®,CRS,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

I am not familiar with either company...

Mar 12, 2018 08:50 PM
Ambassador
3,580,875
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

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