Budget Relief in Sight for Homeowners as Innovative Way to Tap Equity Without Debt, Interest or Monthly Payments Expands into Four Mid-Atlantic States

   The REX(TM) Agreement is a safe, debt-free alternative to Home Loans,

                        HELOCs and Reverse Mortgages



    SAN FRANCISCO, Aug. 21 /EMWNews/ -- Millions of homeowners in the

most populated Mid-Atlantic states now have the ability to unlock equity in

their homes without ever incurring debt, interest charges or monthly

payments. REX & Co., a real estate investment company dedicated to creating

safe alternatives to debt financing, announced today that it has expanded

the REX Agreement into New Jersey, New York, Pennsylvania and Virginia as

it completes its coverage in the Mid-Atlantic region.



    The REX Agreement, available in 13 states nationwide, allows homeowners

to convert a portion of their home's value into cash now in exchange for

granting REX & Co. a portion of the future increase or decrease in the

home's value when they sell or decide to end the Agreement.



    "Responsible homeowners have worked hard to build equity in their

homes. Now these homeowners have a debt-free choice when it comes to

accessing that equity," said Tjarko Leifer, managing director at REX & Co.

"Homeowners who shop and compare products quickly acknowledge the

advantages of a REX Agreement when compared to loans, HELOCs and reverse

mortgages."



    The company has opened its toll-free phone line -- 866-722-3910 -- in

the four new states and is now accepting applications from Mid-Atlantic

area homeowners looking to access their home equity with the REX Agreement.



    "The benefits of this product became clear as soon as I first read

about the REX Agreement in The Wall Street Journal," said Dimitri Merine,

an Ellicott City-based doctor and Maryland's first REX Agreement client.

"Using my equity to get cash without paying interest or making monthly

payments made perfect sense to me. The cash I receive from the REX

Agreement will allow me to make investments that help diversify my

portfolio and at the same time protect me from potential declines in

Baltimore area home prices."



    To qualify for a REX Agreement, homeowners must reside in an

owner-occupied, single-family detached home, have a history of financial

responsibility, good credit, and at least 25 percent equity in their home.

There are no restrictions on how the money can be used and, unlike reverse

mortgages, no age restrictions to qualify.



    "Given today's mortgage mess and uncertain economy, homeowners are

rightfully cautious to take on more debt and another monthly payment,"

continued Mr. Leifer. "The REX Agreement gives homeowners access to their

equity without debt, interest charges or monthly payments. From paying off

credit cards to making home improvements, supplementing retirement income

or for any other use, the REX Agreement empowers homeowners to do things

they may never have thought possible."



    Homeowners interested in a REX Agreement can learn more or apply online

at http://www.rexagreement.com, or by calling 866-722-3910.

    About REX & Co.



    Founded in 2004, REX & Co. is a real estate investment company that

makes equity investments in residential real estate. Using the REX

Agreement, REX & Co. allows homeowners to convert their home equity into

cash with no additional debt, no interest, and no monthly payments in

exchange for granting REX & Co. the right to receive a pre-designated

percentage of the future change in value of the home. The REX Agreement is

available in 13 states nationwide: California, Colorado, Connecticut,

Florida, Illinois, Maryland, Massachusetts, New Jersey, New York, Oregon,

Pennsylvania, Virginia and Washington. For additional information, please

call 866-722-3910 or refer to http://www.RexAgreement.com.






    Contact:

    Steven Frank

    (916) 983-5529

    [email protected]



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