Do I still own the home after a sale-leaseback?

No. Ownership transfers at closing. Staying depends on the written lease and a separate written option to purchase if one is available in the final documents.

What happens after I share the address?

The address, rough mortgage balance, timeline, and staying goal show what should come first: a stay-in-home review, a home equity investment estimate, a Quick Offer, a listing conversation, or handling the deadline before anything else.

Plain-English homeowner guide

Stay in Your Home During Financial Hardship

When hardship makes staying hard, understand the deadline first, then compare the practical ways to keep the home or leave with more control.

The address, payoff, and deadline decide whether staying would still work after the numbers are written down.

If a deadline or payment problem is active, confirm the outside options with the servicer, tax office, counselor or attorney before choosing.

The next step should make the tradeoffs clearer: what changes now, what waits for written approval, what costs more each month, and what happens if staying does not fit.

If this guide matches the problem in front of you, put the payoff and decision date beside the cash need, monthly budget, and staying goal before making calls or sharing documents.

Then compare the next written step with one choice that keeps ownership and one choice that moves toward a sale. If neither one lowers the pressure without creating a new payment problem, pause before signing or sending private documents.

The written numbers should make the next choice easier: who owns the home, what payment continues, and what happens if staying does not fit.

A useful comparison has the payoff, deadline, monthly number, and backup housing plan in one place before anyone signs or applies.

Common questions

What should I do first if I am behind on the mortgage?

Call the loan servicer, open every notice, and ask what loss-mitigation or repayment options are still available in writing. If foreclosure is active, also talk with a HUD-approved housing counselor or local legal help before signing a sale or lease.

Can I still compare Sold & Stay if there is a deadline?

Yes, but the deadline changes the review. Share the address, payoff estimate, notice date, tax deadline, or court date so the next step is based on timing, not a generic home-value guess.

Can I use equity without selling if I am behind?

Often no. Many home equity investment providers do not fit active foreclosure or behind-on-mortgage situations. If the mortgage is current and there is enough equity, it may be worth checking before selling.

Can a sale-leaseback pay off past-due balances?

It can pay mortgage payoff, liens, taxes, and closing costs from sale proceeds when the numbers work. It should not be treated as a fix until the payoff, rent, lease length, deposits, repairs, and net cash are written clearly.