Frequently Asked Questions - Sale Leaseback

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A sale leaseback is when a homeowner sells their home to an investor and then leases it back.  Sale leasebacks have long been used by businesses and now are available to Tulsa area homeowners.

We buy your Tulsa area home for cash.  You lease your home back and pay monthly rent.  You receive your cash at closing.

• Tulsa area homeowners who want cash for the equity in their home, but don’t want another loan - and don’t want to move.
• Tulsa area homeowners who want to sell their current home before buying or building their next home.
• Tulsa area homeowners who want to avoid a public foreclosure or bankruptcy.

Owners of single family homes of $150,000 and up, with 20% or more in equity, in Tulsa and the surrounding areas, including Rogers, Wagoner, Osage and Creek counties.

We look at the location, condition and repairs needed for your home and the value of comparable homes sold in your area.  We take all of this into consideration and come up with a price that is fair to you and us.

You will pay market rent, based on similar homes in the Tulsa area.

No obligation at all.  We will review your information, discuss it with you, and make an all-cash offer to buy your home and lease it back to you.  From there, it’s totally your decision whether or not you want to accept the offer.

Yes.  You can buy back your home any time we agree on terms.  We are flexible and willing to discuss terms that are fair to you and us.

You will receive cash for the purchase price minus any liens and typical closing costs and a fee to buyer for providing this service.

We will pay for all major repairs and maintenance, such as roof repairs and HVAC repairs.  You will be responsible for any damages you cause to your home, such as a clogged toilet or broken window.

We will pay property taxes and insurance on the home.  You will pay for standard renter’s insurance on the contents of your home.

Yes, you can engage any agent you choose.