How your HEI is serviced
- What happens to the HEI if I pass away?
- How is my Home Equity Investment treated for tax purposes?
- Can I rent out my property?
- After I receive funding, can I take out loans on my property?
- What if I don't want to sell my home?
- Are there service fees after I receive funding?
- Can I refinance my property in the future?
- What happens if I fall behind on property taxes?
- Can I combine a Point HEI with other financing products?
- Can I remodel the home at any time?
- How will my HEI be serviced after I receive funds?
- What should I do if my property insurance changes?
- Can I add or remove an owner or transfer to another person or a trust?
- Who is responsible for property taxes, insurance and property maintenance costs?
- What communication will I get after funding?
- Does Point allow assumptions of the HEI outside of inheritance?
- Who is responsible for mortgage payments after funding?
- Why am I receiving insurance or document requests after closing?
- What if my insurance lapses during my HEI term?
- Who do I contact if I have questions about my HEI after funding?