I wrote about Real Estate Equity Exchange, Inc. (REX) a few months ago and recently there has been a large amount of press about the product.  REX’s product offers homeowners cash for the rights to share in the proceeds of their property when it’s eventually sold.  The Real Estate Journal provides a good example of a sample transaction [...]

Real Estate Equity Exchange, Inc. (Rex) has released a product that will give consumers up to 15% of their homes value in exchange for a cut of up to 52.5% of the capital appreciation when the property is sold.  The way it’s broken down is Rex gets 3.5% of the gains for every 1% it pays [...]