Buy before you sell, with no upfront costs

You won't pay until you close and you may be able to negotiate a discount using your Homeward all-cash offer. Our customers, on average, save over 2% off list price.

2-3%
Convenience fee

Homeward charges a 2-3% Convenience Fee at closing that can be included in the home’s purchase price so you don't have to pay it out of pocket. This fee gives you access to our funds to make a competitive, all-cash offer with these benefits:

  • Cash offers are twice as likely to win bids compared to mortgage-contingent offers.
  • Cash offers close in 10 days versus 30-45 days for a mortgage contingent offer.
  • Your convenience fee will be based on your home’s purchase price, location, and property type.
  • To get your convenience fee quote, start an application or give us a call at 512-956-5087.
Rental rate
Pro-rated by day

After we purchase your new home, you rent it back from us until you sell your old home.

  • You can pay your Homeward rent at closing if you qualify.
  • Only make rental payments for the exact days you need.
  • You can sell your old home quickly to minimize rental payments or take your time to maximize your old home's sale price.
  • Our rental rates are strictly a pass through of the costs that Homeward incurs to own the home. We do not mark it up and you’ll know the exact rate before you make an offer.

Give us a call at 512-956-5087 to learn more about rental payments.

No duplicate costs

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.

Pricing FAQ

How much does it cost?

2-3% plus the daily prorated rent while you rent your next home from Homeward

When do I pay?

Most of our customers choose to roll our fee into their offer, but you can also choose to use your home equity to pay the fee after you sell your house.

What happens if I sell my home and am able to secure my mortgage by Homeward’s close date?

If you don’t end up requiring Homeward’s cash to close on the purchase, then our fee will be reduced to 1%.

What are the closing costs?

The closing costs you pay in a Homeward transaction are the same as in a traditional home purchase transaction.

Are there any duplicate costs since there are two transactions?

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.

How is the daily rental rate determined?

Our rental rate is a complete pass through that covers some of our costs to hold the property until you buy it back from us. It is prorated daily so you only pay for the exact days you possess the property before closing on your mortgage.

Is there a markup when you sell the house back to me?

Other than the 2-3% fee, there is no price increase.

We sell the home back to you at the same price we purchased it for in the purchase agreement and you have the option to roll our fee into your purchase price. If you do this, then your second contract when you purchase the home back from us, would be 2-3% higher.

Do you charge any hidden fees?

No. Homeward only charges a 2-3% fee paid at closing and any daily prorated rental payments that incur while you rent your next home from Homeward.

Do you require a security deposit when I’m renting the new property?

Most Homeward customers do not need to pay a Rental Security Deposit based on their qualifying assets. To find out whether you will need to start an application or give us a call at 512-956-5087.

When do you collect the rent payments?

We offer flexibility on the timing of rent payments and will work with you to find the best option. Most Homeward customers don't have to make both rent and mortgage payments at the same time.

For more information on rent payment options start an application or give us a call at 512-956-5087.

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