Truehold Arrives in Charlotte: Transforming Home Equity into Financial Freedom
In Partnership With Truehold
In Partnership with Truehold
The Queen City has just welcomed Truehold, a company offering a smart twist on traditional home equity solutions. They’re making it easier for homeowners in Charlotte to unlock the value of their homes without packing a single moving box. Their sale-leaseback approach allows homeowners to sell their property in a straightforward traditional sale and then lease it back, combining familiarity with innovation in a city known for both.
Charlotte’s Booming Real Estate
As Charlotte’s real estate market continues to thrive, with median home prices now reaching $414,482—a 4.9% increase from last year—Truehold provides a timely solution for local homeowners. By allowing them to sell their homes without moving, Truehold lets residents capitalize on the city’s market growth, turning what is often a static asset into flexible equity.
Truehold’s Simple Approach: Sale and Lease
Here’s how it works:
1. Home Sale: You sell your home to Truehold at a competitive price, accessing your equity through a traditional cash transaction.
2. Lease Agreement: You then lease your home back from Truehold, allowing you to remain in your cherished community without the burdens of homeownership.
Why Charlotte Homeowners Are Saying ‘Yes’ to Truehold
This sale and lease model is catching on for several reasons:
• Simplicity and Convenience: Truehold simplifies the complex, often daunting process of tapping into home equity. The sale-leaseback method avoids the complexities and the long-term debt commitments associated with other equity-accessing methods like HELOCs, reverse mortgages, and refinancing.
• Financial Flexibility: Homeowners quickly access their equity to pay off debt or handle unexpected expenses like medical bills or job loss without the stress of moving.
• Smooth Life Transitions: Whether you’re downsizing, building your dream home, or just awaiting the right next step, you can sell without the immediate pressure to leave your current home.
• Protection Against Market Shifts: Selling your home in a high market locks in its value, safeguarding your investment against potential downturns.
• Enriched Retirement: For those nearing retirement, this strategy can bolster your financial resources, freeing up your hard-earned wealth for travel and other expenses.
• Aging Comfortably in Place: Older residents can stay in the home and neighborhood they love without the headaches of home repairs and financial unpredictabilities.
• Investment Opportunities: Savvy financial planners can convert their home equity into cash to fund new business ventures, investments, or educational pursuits without incurring debt.
Renting Reimagined
When you lease back your home, you continue to enjoy living in the space that holds your memories and dreams, but without the stress of repairs. This arrangement provides predictable monthly expenses and frees up funds for other uses, all while keeping the option open to move in the future if you choose.
Proven Success and Community Trust
With its success in 17 other markets and over $200 million in unlocked home equity, Truehold brings proven expertise and reliability to Charlotte. They offer a quick and transparent process, providing valuations and offers within 24 hours and closing in 30 days.
Homeowners who have chosen Truehold are vocal about their positive experiences. Chris, a recent client, praised the company, saying, “Truehold has been a terrific company to work with. They gave me what I asked for my home, and they have been very pleasant the entire time. I would definitely recommend them if you’re selling your home but not quite ready to move.”
Discover Truehold in Charlotte
Truehold’s arrival in Charlotte could not be timelier for homeowners looking to navigate financial waters without leaving home. To explore how this approach might work for you, visit Truehold’s website or call 1-844-TRUEHOLD for a more detailed consultation from a Truehold Advisor. This fresh take on home equity might just be the solution you’ve been seeking, blending traditional methods with modern flexibility, right here in the heart of Charlotte.
