You won't pay until you close and you can finance our fee using your mortgage.
You'll pay standard closing costs just as you would in any traditional home purchase and we’ll cover any duplicate fees that occur when you repurchase the house from us.
A low convenience fee plus rent.
Homeward convenience fee: Find your convenience fee at the top of our pricing page. This is paid when you buy your new home back from us.
Rent: You'll accrue rent on your new home until you buy it back from Homeward. This is paid at closing, and is our cost of holding the property. We don't mark it up in any way. To calculate your rent, we'll need details about the home you're looking to buy. Just start an application or give us a call at 512-956-5087.
There are no upfront costs for using Homeward. Your convenience fee and rent will be paid when you repurchase your new home from us.
If you don’t end up requiring Homeward’s cash to close on the purchase, then your convenience fee will be reduced to only 1%.
This isn't common, but it can occur if you sell your home faster than expected and either use your home equity funds, or a new mortgage, to purchase the home.
The closing costs you pay in a Homeward transaction are the same as in a traditional home purchase transaction. Homeward covers any duplicate closing costs.
There are two transactions involved: Homeward pays cash for the property and then you buy the property from Homeward. That said, Homeward covers the burden of duplicate costs so that you don’t have to.
Our rental rate covers our costs to hold the property until you buy it back from us. We never mark this up, and it's prorated daily so you only pay for the exact days we hold the property for you.
No, there is no markup, but you will need to pay your Homeward convenience fee and all rent payments when you repurchase the home from us.
No. Homeward only charges a convenience fee paid at closing and any daily prorated rental payments that incur while you rent your next home from Homeward.
When you buy the home back from Homeward.
Get started for free to find out how much Homeward would cost to help you buy before you sell