How Does the Sell & Lease It Back Program Work?
You will get to sell your current home and then stay in your home and leasing it, vs selling it and moving right away. This program allows you to pay rent against your sold home and also allows you to search for a new house. Our buyer will purchase your home while providing you the money you may need while you stay in your home. You get to lease your home for as long as you desire, and best of all, you even have an option to buy it back or move at any point.*
Benefits of Selling & Staying
Potentially Get the Money You Need
Converting your home equity to accomplish what you need to do.
Get Flexibility For
Stay as long as you want and move when you desire, or buy your house back!
Our buyer takes on the household repairs and maintenance of your home.
Your Whole Picture
Figure out and discover the path of your future, and take action.
How Does Sell & Lease back Program Work?
Submit your address and best contact information for one of our specialists to reach you.
A Real Estate Agent that specializes in Sell & Lease back Programs will call you to get to understand your unique situation and to help build a road map to help accomplish it with our buyer.
We will get your housing information and our buyer will get you an estimate on your house, the money you’ll receive, your monthly rent, and any other transaction details. Estimated values to be confirmed by an appraisal, inspection, etc.
Once you review the estimate, we will make sure we'll answer all of your questions, and if it is a go, then we will get the purchase contract started.
We’ll send via e-sign, the purchase contract for you to review and sign, and then once signed, this will initiate the due diligence process for the sale of your home.
The buyer will have an appraisal and inspection ordered and complete a property and a background check.
07Sign Closing Docs
Sign Closing Docs
Go to the title/escrow company to sign all the closing costs related documents to complete the home sale and lease agreements to begin lease.
Once the home switches ownership, names, and the funds are transferred to your bank account, your lease begins.
Simply keep on living your life by leasing your home as long as you’d like.
Repurchase or Move
Repurchase or Move
If you desire to purchase your house back or move, you can. Just let us know, and we can reach out to our buyer.
Unlock What’s Yours
Frequently asked questions
What Is A Seller Rent-Back Agreement?
A rent-back agreement is a type of lease agreement and rental agreement between the seller and home buyer which enables the seller to stay in the current house after the closing date in return for rental payments. Rent back agreements are also called “sale and rent back agreements”.
How Much Rent Will I Pay?
There are two methods to determine rent. One way is calculating the holding costs that are used for short-lived rentals and the other one is market rents that are used for long-lived rentals.