Is Cash + Rent-Back right for you?
It usually fits when:
- You need the sale money to buy or rent your next place
- You're settling an estate and the family needs time to sort belongings
- You're relocating and want one move, not two
- Your kids are finishing a school year
How it works
- Cash offer. Same as our standard cash offer: written, with the math.
- Agree on the stay. Pick your move-out date and rent in a simple written occupancy agreement signed with the purchase agreement.
- Close and get paid. You receive your proceeds at settlement, minus a move-out holdback held by the settlement attorney.
- Stay and move. You live there as agreed. We handle anything major that breaks.
- Holdback released. When you hand over the keys, the settlement attorney releases the holdback to you.
Pros and cons
Upside
- ✅ One move instead of two
- ✅ Cash in hand before you commit to your next home
- ✅ No showings or repairs
Trade-offs
- ⚠️ You pay rent for the time you stay
- ⚠️ A holdback delays part of your proceeds until move-out
What the numbers can look like
Illustrative: You sell for $220,000 and stay 60 days at $1,500/month ($3,000 total, often simply deducted at closing). The settlement attorney holds $5,000 until you move out, then releases it to you.
How you're protected
- Written occupancy agreement with a fixed move-out date
- Holdback held by the independent settlement attorney, not by us
- Standard landlord duties for major repairs during your stay
Not sure which option fits?
Tell us about the house. We'll lay out every option that works, side by side, with the numbers.
Get My Written Offer Call (302) 798-8655Frequently asked questions
How long can I stay?
Usually 30 to 90 days. Longer stays are possible and would be set up as a formal lease.
What does it cost?
A set daily or monthly rent agreed up front, often deducted from your proceeds at closing so there's nothing to pay monthly.
What's the holdback for?
It makes sure the house is handed over empty and undamaged on the agreed date. It's held by the settlement attorney and released to you at move-out.
Is this available if I'm behind on my mortgage or in foreclosure?
No. If your mortgage is 60 or more days past due, or a foreclosure has been filed, a rent-back is regulated or prohibited under 6 Del. C. Chapter 24B. We'll only discuss a standard sale, and we urge you to call Delaware's free mediation program at (800) 220-5424 or an attorney first.
Can I buy the house back later?
No. This is a sale with a short stay, not a buy-back program.
General information, not legal, tax, or financial advice. Examples are illustrations, not offers. Consult your own attorney and tax advisor before selling.