An Angel is someone who would like to invest in Real Estate (for a very high return on their money) without the higher risk of rental property or the hassle of being a landlord. Angels provide a 20% down payment to a credit worthy (usually 1st time) homebuyer in exchange for a 50% share in the appreciation of the property. You can even use your IRA or 401k money. The Angel Program at Charter House uses a sophisticated contract developed over 15 years with the best Real Estate Attorneys to pair investors and buyers safely and profitably. We are your partner and guide through the process - we help buyer and investor select the best properties in the best areas, find the best lender, and coordinate title issues. We'll stay with you through the years and then arrange for the distribution of profits.
If you would like to know more about the program, would like to be an Angel, or know someone who needs an Angel, please call Melissa.
Melissa Chatterton
Broker Associate
Charter House Finance and Real Estate
925-831-7079 office
925-212-3555 cell
THE ANGEL PROGRAM:
EQUITY SHARING MADE EASY
Introduction to The Angel Program
Investor Angels are matched with credit-worthy homebuyers who dont have enough cash for a down payment, but can afford a monthly mortgage payment. Investors provide a down payment (from savings, investments, home equity, self-directed IRAs, etc) in exchange for a share in the appreciation of the property.
Who would be interested?
Potential buyers: first time homebuyers, move-up buyers who want to get into a better neighborhood, divorced people who cant afford to keep their home or purchase a new one, people relocating to the Bay Area from lower priced areas.
Potential investors: parents, relatives, anyone who wants to better the return on stock market investments in a safe way.
Benefits to Investor Owner:
Investing in real estate without the headaches of property management.
Greater return on investment when compared to the stock market.
Investor may use a 1031 exchange to defer taxes on profit.
Benefits to Resident Owner
Start enjoying the benefits of homeownership earlier than if they had to save for a down payment.
Increases the buying power and allows for purchase in more desirable neighborhoods.
Better financing terms and lower payments.
How Charterhouse can help:
We are partners in tasks, not in profits.
We maintain lists of interested and qualified investors and homebuyers.
We provide a contract tested over the last 15 years and reviewed by top real estate attorneys, which protects the buyer and investor and facilitates a profitable relationship for both.
We assist in the selection of a good property in a good neighborhood that is likely to appreciate.
We find the best lender and secure the best financing for each individual transaction.
We are available for consultation throughout the process.
We are available to follow up on future activity related to the transaction
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