Sell ‘n STAY™ is a simple, unique, program created to keep people in their homes, for as long as they choose. Up to now, there were only a few options which utilized the equity in your home to finance your life; a line of credit, home equity line of credit ( HELOC), downsizing, or renting, or a reverse mortgage. A line of credit is sometimes not an option if you have no way to finance the interest. What options are available if you love where you live and don’t want to downsize or move in order to eliminate debt or finance a dream.
What began as a senior-friendly initiative, is now a solution for all ages and motivations. Saskia Wijngaard created this new program that changes the landscape for homeowners forever. Our Associate agents are trained, licensed and Insured. Don’t be fooled by the Agents that say they know how to do a Sale and Leaseback. It doesn’t cost more to deal with the largest, oldest most established Residential Sale and Leaseback program in North America.
This unique approach is simpler to understand and implement, and a less expensive alternative than other options because the nest egg that homeowners have been sitting on is fully utilized to generate enough revenue to truly finance your life
This option has existed in the commercial real estate industry for a long time. It’s called a “Sale and Leaseback”. Now Saskia has applied that same concept to the residential market. An option that allows large companies like Canadian Tire to cash in on the equity of their brick and mortar buildings and finance items on their balance sheet that makes more sense. Now Sell ‘n STAY™ allows you to cash in on your equity and move it towards those items that are keeping you up at night.
We refer specially accredited real estate agents who work side-by-side with the homeowner and in conjunction with their financial advisors. These Associate Sell ‘n STAY™ Real Estate Agents provide an honest assessment and plan for accomplishing the goal to sell their house to a real estate investor and lease it back for a period of time which allows them time to transition into a new lifestyle in an orderly fashion.
We have only one goal in our relationship; to help you come to the best decision for you. Our network of Associated members is extensively trained, licensed and insured. As experienced professionals, they are able to assist with sound advice in order to create a lifestyle compatible with your equity’s bottom line.
As real estate professionals, we worry about a reverse mortgage’s negative impact on present and future generations especially when interest rates start to increase. In 2013, Jean, a client wondered if it was possible to unlock the equity from her home, without moving or using a reverse mortgage thus allowing her to enjoy the freedom of worrying about the future. Her financial wealth advisor matched her to me. I reviewed every option with Jean, and after reviewing these options Jean decided ” why don’t you sell my condo to an investor and I will rent from them”. This allowed her to live off of the invested income but remain in her home. So began the first Sell ‘n STAY™
This same approach can be duplicated and whether you want to use those funds to facilitate your dreams, augment your health and well-being or investing it to maintain the lifestyle that you have now. The Sell ‘n STAY™ program provides a host of optional services for general upkeep of the home so you can enjoy the benefits and experience of life’s little pleasures.
In 2016 we federally incorporated and trademarked this program in both Canada and the US.
Sell ‘n STAY™ is NOT A Reverse Mortgage. Below is a video of what the experts think about Reverse Mortgage.
Contact us and we will explain the differences.