Is selling and staying the right solution?
Selling your home to access your equity is a significant financial decision. This evaluation guide covers traditional financing alternatives, exact program mechanics, and the essential standards to hold any buyer to before executing an agreement.
How the structure works
You sell your home at an as-is sale price based on its current condition today. The deed transfer is publicly recorded at the county Register of Deeds, and all existing liens (such as your mortgage balance or tax assessments) are settled in full at closing through a licensed North Carolina closing attorney. The remaining proceeds represent your net equity.
If you choose to remain in the property, you select your stay duration (3, 6, 12, or 24 months). The lease for your entire selected term is prepaid upfront at closing directly from your equity, meaning you have zero monthly housing payments for the full term. The remainder of your equity is wired directly to your bank account as liquid cash.
In exchange for transferring ownership and future property appreciation, you receive immediate capital, complete closing certainty, and the legal right to stay in place with zero monthly rent. Whether this structure aligns with your needs depends on your personal financial goals and timeline.
Traditional options to consider first
Before choosing an equity sale, evaluate whether conventional bank financing or mortgage relief programs achieve your goals at a lower overall cost.
Mortgage servicer relief options
If you are behind on mortgage payments, contact your servicer to explore loan modification, forbearance, or repayment plans. These paths preserve homeownership and are typically the lowest-cost route to resolving a delinquency.
HUD-approved housing counseling
Free, independent housing counselors approved by HUD can help evaluate your budget and communicate with lenders at zero cost to you. They provide unbiased analysis of your options before entering into any transaction.
Refinancing or home equity lines
If your credit profile and debt-to-income ratio qualify, a bank HELOC or cash-out refinance allows you to tap home equity while keeping ownership and future property value growth.
Traditional open-market listing
If moving right away fits your lifestyle, listing on the MLS with a real estate agent typically captures the highest gross market value. Our program is tailored specifically for homeowners who prioritize speed, certainty, and remaining in the home.
When Equity Funding is the right choice
Our platform is designed for homeowners who have meaningful equity, want to unlock capital without taking on monthly debt payments, and need a reliable stay runway.
- Conventional mortgage refinancing or home equity lines are unavailable due to income or credit criteria
- You need immediate capital and cannot wait through months of open-market showings, inspections, and buyer financing contingencies
- Remaining in your home is essential for your family, schooling, or community ties without taking on new monthly loan payments
- You have built substantial home equity that can eliminate existing debt and deliver meaningful cash reserves at closing
Statutory protections under North Carolina law
North Carolina General Statutes establish strict requirements for transactions where a homeowner sells their primary residence and remains in place. These safeguards mandate an independent fair market value appraisal by a certified appraiser, complete disclosure of all financial calculations in writing before settlement, and a statutory 7-day right of rescission allowing you to cancel with zero penalty.
Every Equity Funding transaction is structured strictly around these legal standards, ensuring full transparency, independent valuation, and closing supervision by licensed North Carolina attorneys.
Five essential
questions for
any equity buyer.
What is the sale price based on, and will I receive an independent appraisal?
A direct purchase price reflects the as-is value a buyer will pay today. Under North Carolina law, you must also receive a separate certified appraisal from an independent licensed appraiser before your agreement is binding.
Are all transaction terms and fees documented in writing up front?
Every detail (purchase price, lien payoffs, prepaid stay duration, resident maintenance terms, and net proceeds) must be explicitly stated in writing before closing.
Who oversees the settlement and deed transfer?
In North Carolina, real estate closings must be conducted by a licensed closing attorney. You always have the right to have independent legal counsel review all documents prior to execution.
Are there application fees, cancellation penalties, or hidden costs?
Legitimate equity purchasers cover closing costs and charge zero application or cancellation fees. Under state law, you also have a mandatory 7-day right of rescission to cancel with zero penalty.
Is the sale and prepaid stay recorded with county public records?
The property transfer is recorded officially at the county Register of Deeds, providing verifiable legal certainty for you, your attorney, and your family.
Ready to evaluate
your numbers?
Review your customized options with full transparency: purchase price, stay duration, and net cash proceeds side by side. No credit check and zero obligation.