Leasebacks, Subject-To, and Creative Closings Explained

When most people think of selling a home, they picture one of two routes: listing with a real estate agent or selling to a cash buyer. But there’s a third path that’s often overlooked—creative financing solutions.

At MG Property Bros, we specialize in helping homeowners sell with flexible, customized options that traditional buyers and agents can’t offer. In this post, we break down three powerful tools we use to help sellers move forward on their own terms:
Leasebacks, Subject-To deals, and Creative Closings.

What Is a Leaseback?

A leaseback (also known as a rent-back agreement) allows you to sell your home but stay in it temporarily as a tenant after closing. This is ideal if:

• You need time to relocate
• You're waiting for another home to close
• You want to cash out equity now but aren’t ready to move

Benefits:

• Immediate access to your equity
• Avoid moving twice
• Flexible move-out timeline
• Less pressure to find your next home quickly

At MG Property Bros, we often give sellers 30–90 days to stay after closing—sometimes longer if needed.

What Is a “Subject-To” Sale?

A subject-to deal is when a buyer (like MG Property Bros) takes over your existing mortgage payments while the loan stays in your name. It sounds unusual, but it’s 100% legal and can be a life-saver in the right situation.

You’re essentially selling the house subject to the existing financing.

Benefits:

• No need to pay off your mortgage upfront
• Stop making payments immediately
• Avoid foreclosure or credit damage
• Often no out-of-pocket costs for you

Subject-to sales are great for homeowners who are:

• Facing foreclosure
• Behind on payments
• Can’t afford to sell the traditional way
• Underwater on their mortgage (owe more than it’s worth)

At MG Property Bros, we work directly with title companies and attorneys to make these transactions secure, legal, and beneficial for both parties.

What Are Creative Closings?

Creative closings are customized sales solutions tailored to fit your situation—not the cookie-cutter traditional route. These can include:

• Owner financing (you become the lender and get paid over time)
• Equity-sharing agreements
• Wrap-around mortgages
• Installment sales or hybrid cash deals

We structure these deals based on what you need—fast cash, flexible move-out, debt relief, or long-term income.

Real-Life Example

Angela inherited a home in another state and wasn’t ready to let go of it yet. We offered her a leaseback so she could stay for 60 days after closing. Meanwhile, she used the cash to settle her mother’s estate and plan her next move—on her own schedule.

Let’s Build a Sale That Works for You

At MG Property Bros, we don’t believe in one-size-fits-all. Whether you need time, flexibility, or a fresh start, we’re here to structure a solution that makes your life easier.

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