A startup that buys equity in American homes just got its largest financial commitment to date through a $150 million boost from a New York hedge fund, amid rising home prices that are fueling demand for home-equity products. Point Digital Finance Inc. lends capital to people and receives partial ownership in their homes in return. The three-year-old startup targets customers who are seeking an alternative to traditional loans. Atalaya Capital...Read More
December 19, 2015
Having your home purchase offer accepted is like getting that runner’s high during a marathon. But hold the Gatorade cooler – the property isn’t yours just yet. During the 30 days (or so) between when your purchase offer is accepted and when the keys are handed to you (commonly referred to as “escrow”), there are many hurdles to overcome.