Home.LLC is a fractional home ownership service that helps owners access the equity in their home through an investment rather than a loan.
An owner will request an estimate based on their home, and Home.LLC will provide an initial quote. Home.LLC will then schedule an appraisal and prepare a final investment offer. The owner can then accept and use the funds for the requested purposes. The owner can later sell their home or buy back their equity.
According to most sources, Home.LLC collect fees at the end of the 10-year term, when the home is sold, or when the owner refinances. Home.LLC also will collect any fees related to appraisals, escrow, or other transaction-related costs.
Home.LLC primarily makes money by investing alongside an owner and generating revenue from appreciation in the home sale value.
Home.LLC is privately held.