Startup firm allows homeowners to tap equity without payments
Baby boomers who are rich in real estate now can get cash out of their homes without taking on debt or making a payment, but at least one competitor questions whether the idea is a Faustian bargain.
SAN FRANCISCO — Baby boomers who are rich in real estate now can get cash out of their homes without taking on debt or making a payment, but at least one competitor questions whether the idea is a Faustian bargain.
Real Estate Equity Exchange Inc. will give a consumer cash representing up to
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