SAN FRANCISCO, Oct. 6, 2016 /PRNewswire/ -- FirstREX, the leader in home ownership investments, today announced the launch of a new, redesigned version of its website, 1rex.com.
The new website provides a comprehensive overview of REX HomeBuyer, FirstREX's revolutionary home ownership investment program. Through the program, FirstREX invests alongside a buyer in a home purchase, contributing up to half of the down payment. The REX HomeBuyer investment is not a loan, so there are no interest charges or monthly payments on the funds that FirstREX provides. Instead, FirstREX hopes to earn a return on its investment by sharing in the appreciation when the homeowner sells at a profit in the future.
"Anyone considering buying a home should visit 1rex.com before they start looking at houses or make an offer," said Thomas Sponholtz, Co-CEO. "REX HomeBuyer can dramatically increase the range of home prices you can consider, and provides unprecedented financial flexibility to home buyers at all price points. The website at 1rex.com has valuable information and tools for buyers at every stage of the home buying process."
FirstREX consistently gets high marks from lenders, agencies and customers for the education and support it gives its customers on their home buying journey. The website at 1rex.com is a reflection of that service. Prospective homebuyers can explore how a home ownership investment can help them buy more home, lower their monthly payment and reserve cash. Case studies and success stories of FirstREX's clients help illustrate how homebuyers have employed a home ownership investment to get the home they really want. Tools and content such as calculators help a prospective homebuyer weigh the costs and benefits of adding an equity investment to their home financing solution. Instant consultation with REX HomeBuyer Program Specialists is also available by phone or chat to visitors on the site. Program Specialists can prequalify a homebuyer for REX HomeBuyer right away and refer them to one of the many lenders who participate in the home ownership investment program.
"Home ownership investments are the only truly new thing to happen to real estate in a long time. Prospective homebuyers will be thrilled to see how they can lower their monthly payments, reserve cash, supplement their down payment or buy more home with REX HomeBuyer," said Director of Marketing Sabin Speiser. "The 1rex.com website will help all types of buyers better understand the costs and benefits of their home finance options, and the specific opportunities that home ownership investments afford."
Founded in 2004, San Francisco-based FirstREX invests alongside individual homeowners to help them to buy the home they really want. With investments in over $450 million of notional real estate, FirstREX is the leader in home ownership investment. Managed by a veteran team of consumer finance experts, and backed by institutional investors, FirstREX is committed to empowering consumers to realize their home ownership opportunities with financial flexibility and control. For more information, visit www.1rex.com or follow FirstREX on Twitter, LinkedIn, Instagram or Facebook.
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