Housing Market

The New Loan Alternative Solution: Seeking Success with Sell & Stay

Tom BurchnellReviewed by

More people are tapping their home equity to make ends meet these days. This is likely happening for a few reasons, the two most important explanations being that expenses and incomes are growing further apart in many families, leaving people without the ability to make ends meet, and the roaring economy and rising home prices mean that people have more equity to tap.

There are a few potential options for extracting the equity in your home, but not all of them are created equal. Sell & Stay, EasyKnock’s new residential sale leaseback option, is just one of them and it works unlike any of the rest.

Other Equity Tapping Methods

EasyKnock’s Sell & Stay is an alternative to more traditional equity tapping options. The most common options are listed below, along with a couple reasons why they may not be ideal for every consumer.


Also known as a home equity line of credit, these loans use your home equity as collateral, allowing you access to part of your equity in the form of a line of credit. The problem with them is that you need decent credit to get a HELOC loan, and your home is on the line if you have trouble repaying the loan.

Reverse Mortgages

These loans give consumers access to home equity in a lump sum or in monthly payments. Reverse mortgages are limited to seniors. They also come with high fees and may not provide enough of a financial cushion to really help the homeowner.

Why is Sell & Stay a Superior Equity Tapping Option?

There are several reasons why Sell & Stay is a better way to tap into home equity for many consumers. Here are just a couple reasons why Sell & Stay might be a better option.

Other Options Oftentimes Put Consumers in Too Deep

While predatory lending practices in the mortgage industry were curbed a great deal by regulations after they backfired in when the mortgage bubble burst, contributing to the financial crisis of 2008, they’re not completely extinct. Predatory lending is possibly even more prominent amongst equity tapping loan products.

One of the ways that lenders prey on people in trouble is by offering up higher loan amounts than the homeowner needs or can really afford. This leads to consumers who are simply in too deep. While the equity is in hand, the large loan payments don’t seem so bad, but when the money runs out and ends no longer meet, they may have a hard time paying their payments, which could lead to foreclosure and all the financial burden that comes with it.

It Provides Flexibility

Sell & Stay allows you to tap into your equity and stay in your home in a way that works for you. It gives you options even after you’ve made the choice to tap into your equity. If you get your financial issues cleared up or you simply decide that you’d like to stay in your home, you can buy it back at any point. If you decide that you’d rather have the financial freedom that all your home equity would bring you or your home isn’t ideal for you anymore, you can have EasyKnock sell your home and alleviate you of responsibility to it. You can simply continue leasing your home until it’s no longer suitable for you, too. It’s entirely up to you.

Your Sell & Stay Success Story

Regardless of the outcome, with Sell & Stay, you get to choose how your story ends. If you’d like to explore how our product could help you tap your equity and stay in your home, contact us through the chat window at the bottom right or through the form on our website.

Tom Burchnell
Product Marketing Director

Tom Burchnell, Director of Digital Product Marketing for EasyKnock, holds an MBA & BBA in Marketing from University of Georgia and has 6 years of experience in real estate and finance. In his previous work, he spent time working with one of the largest direct lenders in the SouthEast. 

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