This startup provides financial services that enable real estate owners to liquidate a portion of their property for immediate cash payouts. By utilizing asset-backed financing, property owners can access funds to meet their financial needs without selling their entire asset.
Funding
$346.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many homeowners, particularly those in retirement, find themselves asset-rich but cash-poor, limiting their ability to fund retirement, home improvements, or other financial needs without taking on debt or selling their homes. Traditional home sales require vacating the property, disrupting established lives and communities.
Solution
Heimkapital provides financial flexibility to homeowners by enabling them to access the equity in their property without selling it. Homeowners can choose to sell a portion of their property (up to 50%) or their land in exchange for an immediate cash payout, while retaining the right to live in their home. For partial sales, Heimkapital grants a lifelong right of use (Nießbrauchrecht) registered in the land register, while for land sales, a 150-year heritable building right (Erbbaurecht) is granted. An independent appraiser determines the property or land value to ensure a fair market value assessment.
Target Audience
The primary target audience includes homeowners aged 50+, particularly retirees, who seek to unlock the equity in their homes for financial flexibility without having to move.
Features
- Partial property sale (up to 50%) with lifelong right of use (Nießbrauchrecht) registered in the land register
- Land sale with a 150-year heritable building right (Erbbaurecht)
- Independent appraisal to determine fair market value
- Homeowners retain control over renovations and modifications
- Option to repurchase the sold portion at any time
- Support for energetic renovation
- All necessary process steps, such as appraisal and notarization, are handled by Heimkapital