Why consider a Sale-leaseback or a Home Equity Agreement?

  • Retiree Looking to Supplement Income

    Profile:

    Name: Jane Smith

    Age: 75

    Location: Phoenix, AZ

    Home Value: $350,000

    Situation:

    Jane is retired and living on a fixed income. She owns her home outright but finds that her retirement savings are not sufficient to cover unexpected expenses and the lifestyle she desires. Moving to a smaller home or a different location is not an option she wants to consider, as she loves her current neighborhood and has built a community over the years.

    Sale-Leaseback Solution:

    Jane chose to do a sale-leaseback with SoldandStay.com. She sold her home and used the equity to boost her retirement savings. By leasing her home back, she continues to live in the place she loves while enjoying financial peace of mind.

  • Family Facing Temporary Financial Hardship

    Profile:

    Names: The Johnson Family (Mark, Lisa, and two children)

    Ages: Mark (45), Lisa (42), Children (10 and 8)

    Location: Miami, FL

    Home Value: $500,000

    Situation:

    Mark recently lost his job, and the family is facing financial hardship. The Johnsons are struggling to keep up with mortgage payments and are at risk of foreclosure. They want to avoid uprooting their children from their school and community.

    Sale-Leaseback Solution:

    The Johnson family opted for a sale-leaseback with SoldandStay.com. They sold their home, which allowed them to pay off the mortgage and avoid foreclosure. By leasing their home back, they maintained stability for their children while Mark looked for new employment opportunities.

  • Homeowner Needing Funds for Medical Expenses

    Profile:

    Name: Robert Davis

    Age: 55

    Location: Orlando, FL

    Home Value: $400,000

    Situation:

    Robert was recently diagnosed with a serious illness, and the medical expenses are mounting. He has significant equity in his home but needs liquid funds to cover his medical bills. Moving during this challenging time is not ideal for his health and well-being.

    Sale-Leaseback Solution:

    Robert chose a sale-leaseback arrangement. He sold his home to access the necessary funds for his medical treatments and leased it back to continue living in a familiar and comfortable environment. This solution provided the financial support he needed without the stress of relocating.

  • Breathing Room

    Profile:

    Name: Daniel Ramirez

    Age: 44

    Location: Phoenix, AZ

    Home Value: $520,000

    Situation:

    Daniel owns his home outright and has significant equity, but most of his net worth is tied up in the property. He wants to help fund his daughter’s college expenses and create a financial cushion for unexpected costs, without taking on monthly loan payments or refinancing his home.

    Home Equity Agreement Solution:

    Daniel entered into a Home Equity Agreement through SoldandStay.com, allowing him to access a portion of his home’s equity without adding debt or monthly obligations. He remained in full control of his home while gaining the flexibility he needed to support his family and plan ahead.

  • Funding the Next Chapter

    Profile:

    Name: Erica Thompson

    Age: 41

    Location: Tampa, FL

    Home Value: $480,000

    Situation:

    Erica has lived in her home for over a decade and has built substantial equity. She recently started a consulting business and needed startup capital, but her income variability made traditional financing unattractive. Selling her home or committing to monthly payments felt too risky.

    Home Equity Agreement Solution:

    Through a Home Equity Agreement with SoldandStay.com, Erica was able to unlock part of her home’s value without taking on a loan or altering her living situation. The capital allowed her to launch her business while maintaining stability and control over when (or if) she decides to sell in the future.

  • The Quiet Reset

    Profile:

    Name: Brian and Lisa Morgan

    Age: Brian (39) & Lisa (30)

    Location: Kansas City, MO

    Home Value: $710,000

    Situation:

    Brian and Lisa had accumulated equity as their neighborhood appreciated rapidly, but rising living expenses and lingering high-interest debt were putting pressure on their monthly cash flow. They didn’t want to refinance into a higher-rate loan or reset their mortgage.

    Home Equity Agreement Solution:

    Brian and Lisa used SoldandStay.com’s Home Equity Agreement option to access equity from their home without increasing their monthly payments. The funds helped them consolidate financial obligations and regain breathing room — all while staying in their home and preserving future flexibility.

  • Real Estate Investor Seeking Liquidity

    Profile:

    Name: Michelle Anderson

    Age: 37

    Location: Las Vegas, NV

    Home Value: $600,000

    Situation:

    Michelle is a real estate investor with multiple properties. She needs to free up some capital to invest in a lucrative business opportunity but does not want to sell her properties outright, as she believes in their long-term value appreciation.

    Sale-Leaseback Solution:

    Michelle utilized SoldandStay.com’s sale-leaseback service. She sold one of her properties and leased it back, thereby unlocking the capital she needed for her new investment while retaining the ability to benefit from her property in the long term.

  • Empty Nester Downsizing Without Moving

    Profile:

    Names: Tom and Susan Parker

    Ages: Tom (62), Susan (60)

    Location: Tucson, AZ

    Home Value: $450,000

    Situation:

    Tom and Susan’s children have moved out, and they no longer need a large home. However, they love their neighborhood and have deep roots in their community. They want to downsize financially but not physically.

    Sale-Leaseback Solution:

    Tom and Susan opted for a sale-leaseback. They sold their home to access their equity, which they used to enhance their retirement savings. By leasing the home back, they continue to live in their cherished community without the financial burden of homeownership.

  • Dream Chasers Pursuing New Opportunities

    Profile:

    Names: Alex and Maria Gonzalez

    Ages: Alex (32), Maria (30)

    Location: Austin, TX

    Home Value: $450,000

    Situation:

    Alex and Maria have stable jobs but have always dreamt of starting their own business. They have a solid business plan but need capital to get their venture off the ground. They have significant equity in their home but don't want to take out a high-interest loan or disrupt their lives by moving.

    Sale-Leaseback Solution:

    Alex and Maria chose a sale-leaseback with SoldandStay.com. They sold their home and used the equity to fund their new business. By leasing their home back, they could stay in their beloved neighborhood while chasing their entrepreneurial dreams. This arrangement provided them with the necessary funds without the stress and cost of relocation.