Question 1

Is rent really more expensive than my mortgage?

Accepted Answer

Usually not, once you count everything. Your mortgage payment is one part of what your home costs you. Property taxes, home insurance, repairs, HOA dues and your other monthly debts all sit on top of it. When you rent, the owner covers taxes, insurance and major repairs. The calculator adds up both sides so you compare the full cost, not one payment against another.

Question 2

Why does an investor offer less than my home is worth?

Accepted Answer

An investor typically offers about 15% below market value, and in exchange you sell as-is, without repairs, staging or open houses. The discount usually ranges from 10% to 30%. It depends on the condition of the home, local rents, property type and how many investors compete for it. More competition means a smaller discount.

Question 3

What does "interest still ahead of you" mean?

Accepted Answer

It is the total interest you will pay if every payment stays exactly as it is today. Say you owe $210,000 at 6.5% and pay $1,800 a month. You will hand the bank about $333,000 before the loan is gone, and $123,000 of that is interest.* Credit cards and car loans add their own interest on top. When you sell, the sale pays off the balances, and that future interest disappears with them. *Assuming a fixed 30-year mortgage. Illustration only. We do not guarantee this outcome. Please seek professional advice.

Question 4

Who pays for repairs, taxes and insurance after I sell and stay?

Accepted Answer

The investor does. Once the home sells, property taxes, home insurance and major repairs become the owner's responsibility. Your monthly cost is the rent plus renter's insurance, which usually runs about $20 a month. Your rent is set in writing for the length of your lease before you sign anything.

Question 5

What fees do I pay if I sell and stay?

Accepted Answer

A transaction fee of 6% of the sale price, or a minimum of $15,000, plus closing costs of about 1.5%. Both are published upfront. There is no agent commission, no repair or staging cost, no moving cost and no deposit on a new place. A traditional sale carries all of those. For most homeowners the difference is well over $10,000 in their favor.* *This varies depending on the property and market.

Question 6

Can the cash from the sale pay off my other debts?

Accepted Answer

Yes. Your equity is paid to you in cash at closing, and you decide where it goes. Many homeowners clear credit cards, car loans and medical bills the same day. Say your net cash is $65,000 and you owe $30,000 in other debts. You pay them off and keep $35,000 as a cushion, with no monthly debt payments left.

Question 7

Are the calculator numbers my real numbers?

Accepted Answer

No. They are estimates based only on what you entered, with typical assumptions where you left a field blank. Your real numbers come from a free, no-obligation evaluation: your sale price from competing investors, your rent, your lease terms and every fee, all in writing before you decide anything. There is no credit check. If selling and staying is not your best move, we will tell you.

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