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Rising Home Values in Albuquerque

Home prices have surged in Albuquerque, reflecting a national trend of increasing property values. According to Rocket Homes, the median home sold price in Albuquerque was $335,623 in April 2024, up 6.1% from last year—homeowners have built up significant wealth in their properties. Accessing this equity, however, can be challenging, especially with traditional options like reverse mortgages, cash-out refinancing, and HELOCs often resulting in substantial debt and financial burdens.

Introducing Truehold’s Sale-Leaseback 

Truehold offers a solution that allows you to unlock your home’s value without these downsides. A residential sale-leaseback with Truehold involves two straightforward transactions: selling your home and entering a lease agreement to stay in it as a renter. This model provides immediate access to your home equity in cash, free from the constraints of debt and rising interest rates.

By renting back your home, you can continue to live in your familiar environment, surrounded by your community, without homeownership responsibilities like major home repairs, property taxes, and insurance.

Why Choose a Sale-Leaseback?

A sale-leaseback with Truehold offers numerous benefits for different life situations:

  • New Construction and Moving: Fund new construction or purchase a new home as a cash buyer, all while remaining in your current home until you’re ready to move.
  • Financial Challenges: Quickly unlock your equity to manage unexpected expenses like medical bills or job loss without uprooting your life.
  • Protection from Market Volatility: Secure the value of your home while it’s high, safeguarding your wealth from potential market downturns.
  • Financial Opportunities: Convert your home equity into funds for new business ventures, investments, or education without incurring debt.
  • Retirement: Use your home equity to enjoy your retirement with travel, leisure, and financial security.
  • Aging at Home: Cover medical expenses and home care while staying in the home you love, free from the burdens of homeownership.
  • Caregiving for Adult Parents: Relieve the stress of managing home repairs for aging parents, allowing them to live comfortably in their home.

Truehold: Your Partner in Home Equity

Truehold’s trusted process is simple and transparent. A Truehold Advisor will guide you through the process, helping you determine if a sale-leaseback is right for you. You’ll receive an offer on your home within 24 hours and access your equity in less than 30 days.

Jeremie, a Truehold resident, reported: “Truehold delivered everything as promised. Smooth, efficient process. Very transparent about everything! I was able to cash out the equity in my home and have the freedom to remain in my home and move when we are ready!”

Join the Truehold Community

Truehold has already unlocked over $200 million in home equity for homeowners across 13 other markets. Now, Albuquerque residents can benefit from this innovative solution, maintaining their cherished lifestyles while achieving financial flexibility. To learn more about how Truehold can help you unlock your home equity without moving or taking on debt, visit truehold.com or call 1-844-TRUEHOLD.