Sell & Stay

Convert your home equity to cash by selling your house to Marketplace Homes and staying as a renter!

The Sell & Stay Option: Explained

Convert your home equity to cash by selling your house to Marketplace Homes and staying as a renter. Lease as long as you’d like and at any time, buy it back or request Marketplace Homes to sell through our designated sale-leaseback program.

Unlike other residential sale-leasebacks, Sell & Stay includes an option contract, which gives you the right to repurchase the home for a price agreed upon in the transaction.

Alternatively, you also have the right to direct Marketplace Homes to sell the house on the open market where you will receive the full sale value, minus the Marketplace Homes buyback price.

 A Plan Built For You

After you sign up for the Sell & Stay program, we will front you 80% of your home’s appraised value. You become the renter and we own your home. Live in your home as a renter and enjoy a flexible housing timeline on your terms. We will then give you the remaining 20% after your sale-leaseback is over and we sell your home.

Flexible Solutions

Life can have unexpected twists and turns. If you change your mind at any point during your leaseback period, know that you have the option to buy back your home. You can also choose to stay the course and move out when your’e ready. At this time, Marketplace Homes will sell your home on the open market and give you the remaining 20% of your home’s appraised value.

Full Picture Evaluation

Finances come in all shapes and sizes. Unlike lenders, Marketplace Homes can assist people a wider range of credit history and income types. Give us a call and let us know your situation and we can find the best options for you.

The next steps

Get a Personalized Plan

We’ll craft a personalized Sell & Stay plan to provide the desired amount of cash you need from the available equity in the home.

Sign, Close, and Get Your Cash

After the Purchase Agreement to buy your home is executed, Marketplace Homes administers a traditional two to four-week real estate home closing process. At the completion of the closing process, your home is sold to Marketplace Homes, your lease begins, and you will receive the agreed-upon cash.

Stay in Your Home

You stay in the home as a renter while deciding on your next steps. At any point, you can exercise your Sell & Stay Option to repurchase or request Marketplace Homes to sell on the open market.

Learn More About What a Sale-leaseback Is

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