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What is Ownify?

Ownify presents a groundbreaking approach to fractional homeownership, designed specifically to help first-time buyers realize their aspiration of homeownership. By partnering with investors, the program enables individuals to participate in the housing market with a minimal down payment of just 2%, granting them an equivalent equity share upon the transaction's completion. This innovative method effectively makes buyers resemble cash purchasers, allowing them to manage crucial upfront expenses like due diligence fees and earnest money, thereby boosting their standing in a competitive market. Participants, referred to as "Ownis," are tasked with making consistent monthly payments that are divided into two segments: one portion goes toward acquiring more equity in the home, while the other covers occupancy-related costs such as maintenance, insurance, and property taxes. This structure not only supports gradual equity growth for Ownis but also fosters a sense of ownership over time, leading them to typically hold approximately 10% of their home's equity after five years. Following this period, Ownis have the option to purchase the remaining equity at its fair market price or to cash out and exit the program entirely. Ultimately, Ownify serves as both a viable route to homeownership and a means for buyers to take charge of their financial destinies in an empowering environment, paving the way for a brighter future.

What is Offerpad?

We will thoroughly evaluate your property leveraging our understanding of the local market, which allows us to offer you a competitive proposal rooted in data. With Offerpad, you have the advantage of selecting your ideal closing date, with the option to modify it if your circumstances shift! This approach helps you avoid the stress of showings to strangers, inconvenient open houses, and disrupted weekends. Additionally, you won’t need to rush or endure the anxiety of moving twice if your new home isn't ready! We provide a generous transition period of up to 3 days for your move to the new residence. Rest assured, you can confidently list your property, knowing that you can activate your appealing Offerpad cash purchase offer* at any time. If you're contemplating renovations to enhance your selling price, we are here to help by providing upfront funds and essential resources, simplifying the process. Your dedicated team is committed to assisting you in selling efficiently while ensuring your home remains in prime condition for potential buyers! Simply share your address and property details with us, and whether it's through photos or a virtual tour, we are excited to support you in your selling journey! You can choose the approach that aligns best with your needs and preferences, ensuring a personalized experience. Together, we will navigate this exciting venture!

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

6% agent commissions
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Ownify

Company Location

United States

Company Website

ownify.com

Company Facts

Organization Name

Offerpad

Date Founded

2015

Company Location

United Statees

Company Website

www.offerpad.com

Categories and Features

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