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Marketplace Homes Sale Leaseback Review
Marketplace Homes Sale Leaseback is a leaseback platform founded in 2018 and based in Miami, FL. Marketplace Homes Sale Leaseback is available in 50 states (and Washington, DC).
- Available in most states. Marketplace Homes Sale Leaseback is available in 50 states.
- Financial flexibility: By selling and renting back their home, homeowners can free up their home equity without needing to relocate.
- No upfront costs: Homeowners can explore Marketplace Homes Sale Leaseback platform without incurring any costs until the transaction is closed.
- Rental flexibility: Homeowners can negotiate leaseback terms, including the duration of the lease agreement, providing flexibility to meet their needs.
Marketplace Homes Sale Leaseback Pros & Cons
Marketplace Homes Sale Leaseback FAQ
How does Marketplace Homes Sale Leaseback work?
Marketplace Homes Sale Leaseback is not your traditional home equity investor. Instead it buys your property and then leases it back to you. You receive a lump sum of cash from the sale, while remaining in your home as a tenant.
Who should consider using Marketplace Homes Sale Leaseback?
Homeowners who want to get as much equity out of their home without having to move and are comfortable with transitioning from homeownership to being a tenant should consider Marketplace Homes Sale Leaseback. This option can be particularly useful for those facing difficult financial or life situations such as divorce, retirement, foreclosure, bankruptcy, job loss, medical situations, inheritance, and debt.
What is the cost of using Marketplace Homes Sale Leaseback?
Each transaction is unique and varies based on several factors. Generally, you can expect to bear the following costs. Note: There are no costs incurred until the transaction is closed.
What are the leaseback terms with Marketplace Homes Sale Leaseback?
The leaseback terms with Marketplace Homes Sale Leaseback are flexible and are negotiated upfront by the homeowners themselves. The homeowners have the ultimate decision on the duration of the lease agreement and other lease terms.
How long can you stay in your home once you sell it?
Marketplace Homes Sale Leaseback offers longer-term leases to tenants. Some use leasebacks as a temporary solution while planning their next move while others view it as a long-term solution.
What are the benefits of using Marketplace Homes Sale Leaseback over traditional selling methods?Opting for Marketplace Homes Sale Leaseback over traditional selling methods offers a range of advantages tailored to the seller's needs. With Marketplace Homes Sale Leaseback, homeowners have the option to stay in their property even after selling. This unique approach provides a more discreet selling experience, eliminating the need for open houses or advertising signs. Marketplace Homes Sale Leaseback prioritizes privacy by minimizing property inspections, ensuring convenience and peace of mind throughout the process. By choosing Marketplace Homes Sale Leaseback, homeowners can also alleviate the burden of ongoing homeownership costs like maintenance, property taxes, and the additional expenses associated with moving and realtor fees, which are typically incurred when pursuing a traditional sale and move. This innovative solution empowers sellers to achieve a seamless transition while retaining the comfort and familiarity of their property.
How long does it take to get an offer with Marketplace Homes Sale Leaseback?
Once the evaluation process is complete you will receive an offer. This usually takes up to 5 days to process once all information has been received.
How long does it take to close a deal with Marketplace Homes Sale Leaseback?
Marketplace Homes Sale Leaseback does not disclose how long it typically takes to process the sale and lease of a home.
What types of property does Marketplace Homes Sale Leaseback consider?
Marketplace Homes Sale Leaseback will consider owner-occupied residential homes (single family houses and townhouses).
After closing, who pays the property taxes, HOA fees, maintenance and insurance?The landlord will become responsible for these expenses.
Is Marketplace Homes a legit company?
Marketplace Homes was founded in 2002, it is a well-established company that has been in business for 21 years.
Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- Washington, DC
- West Virginia
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