If you can get Rex and Co to pay you $200K for some future gains on your property, go for it. It may be a good deal for you.
The people behind Rex and Co may be very smart, just as Mr Mozilo was. I doubt that $200K they’re promising you is coming from them. Are the investors putting up that $200K very smart? Haha! Were the investors putting up $2 trillion in the last few years to lend against buying homes all over California and Florida and Nevada smart? Just because you can get someone to pay you $200k for future home appreciation doesn’t mean it’s worth that much. It may just mean there are a few dumb investors left, falling for the next bait.
