Sale-Leaseback

EasyKnock’s sale-leaseback solutions are giving customers a new and simpler way to reach their financial goals. Whether trying to pay down debt, fund a business, complete costly home repairs, move to a new house, or so much more, EasyKnock is helping homeowners across the country to convert their home equity to cash without banks, loans, or moving. When you sell your home to EasyKnock, you get the time and money you need to make your dreams a reality.

Program Summary

EasyKnock has found that many clients are losing out on their next purchase due to home-sale contingency issues, or want to utilize the equity they’ve built up without having to take out a traditional loan or refinancing option. With today’s hot market, agents need a new and innovative tool. We provide a non-lending bridge program to sellers that require a more flexible solution in today’s competitive market.

Program Qualifiers

The client’s home must fit in our buy box:

• Home value range: $100,000 – $1,500,000
• Loan-to-Value of approximately 65% or less
• Population Density of 300+ people per sq. mile (based on zip code)

Because we do not act as a bank or lender, we can assist a wide range of credit scores, income types, and debt-to-income ratios!

*Initial estimate is non-binding

*We contact the agent first upon completing the EasyKnock Qualification Form (linked below)

Additional Program Details

After the Purchase Agreement to buy your client’s home is executed, EasyKnock administers a traditional two to four-week real estate home closing process. At the completion of the closing process, their home is sold to EasyKnock, their lease begins, and they will receive the agreed-upon cash.

EasyKnock Benefits

Consumer Benefits

• EasyKnock will purchase your client's home at full appraised value, and provide up to 80% of that value upfront in cash funding (minus the mortgage balance, EasyKnock fee of 3.49% or 3.99%*, and closing costs). This allows your client to make a stronger offer on their next home
• Cash funding can be used towards: a larger down payment, paying down debt for a better pre-approval, funding new construction, etc.
• Your client can reside in their home for up to 12 months (no penalty to move early, but the home must be listed within 9 months of EasyKnock's closing), all while still working with you to list, market, and sell their home
• EasyKnock will also provide you with an Exclusive Listing Agreement. Upon sale on the open market, your client will receive the remaining value ("Option Value"), plus any appreciation if applicable (lease ends at this stage)

*Processing fee is based on property location and home value.

Agent Benefits

• Agents set their Market Rate Commission, paid by the Seller, and receive it in full
• Easy to customize co-branded collateral on the EasyKnock Marketing Platform
• Seller flexibility and satisfaction