Las Vegas, United States
Roots Homes aims to transform the real estate landscape by simplifying the process of acquiring homes with assumable mortgages at rates as low as 3%. The company's slogan, "Roots makes it easy to buy and sell homes with rates as low as 3%," encapsulates its mission to offer a straightforward path to affordable homeownership. Launched in 2021, Roots has positioned itself at the intersection of Financial Services and Real Estate, providing a unique solution for those who missed out on low-interest rates in recent years.
Roots' platform streamlines what is typically a challenging assumption process, allowing customers to close on their homes in as little as 45 days. Operating in key markets such as Nevada, Arizona, California, Texas, and Colorado, the company partners seamlessly with real estate agents to facilitate transactions.
In January 2023, Roots Homes secured a $2.20M Seed Round investment from a diverse group of investors including Behind Genius Ventures (BGV), CapitalX, Waveline, and Founders, Inc. With this funding, Roots is well-positioned to expand its offerings and address a growing demand for more accessible home-buying solutions.
