EasyKnock: Win The Battle of Financial Freedom

By Tom Burchnell
financial freedom goal

EasyKnock’s Sell & Stay program allows you to achieve the goal of financial freedom by converting your home equity to cash in a new way. You can now sell your home and lease it back so that you get the cash you need without moving. EasyKnock also allows you the flexibility to renew your lease, buy back your home, or sell it for good at any point. The cash and flexibility may make Sell & Stay an ideal pathway to financial freedom.

The Goal is Financial Freedom

Lots of people have a goal of financial freedom. There are countless programs, products, and books on the market that are intended to help people achieve just that, but the current trend shows that personal debt levels in the US are rising, not falling, despite that financial freedom is important to so many Americans.

Simply put, people want out of debt. It’s stressful and it costs too much. However, financial freedom is a difficult goal to achieve.

On the whole, rising prices and stagnant wages mean that the average American isn’t saving enough for a minor emergency, let alone retirement. With incomes that fall short of expenses so consistently, you can imagine that it’s difficult for the average American to even contemplate that they could ever achieve financial freedom without making a drastic change to their lifestyle.

Why Convert Home Equity?

People oftentimes look at these financial products as something that is intended to save the consumer from financial ruin. A proactive approach to finances is often overlooked when it comes to tapping home equity, but it doesn’t need to be a move only made in desperation. You can tap your home equity to help you get out of debt.

There are a few ways tapping your home equity with Sell & Stay could potentially help you achieve your goal of financial freedom.

  • Pay off personal debt, particularly high-interest credit card debt
  • Eliminate mortgage debt
  • Use equity to finance a business, allowing you to earn on your terms

You can get out from under the debts that are weighing you down before you’re in dire straits financially, and you can also use the equity you extract with Sell & Stay to find a way to make money that isn’t so difficult to bear.

Sell & Stay Lets You Eliminate Debt Without the Hassle of Moving

If you wanted to use your equity to pay off debt and be out from under your mortgage, it would have once meant moving. Sell & Stay allows you to convert that equity to cash by selling your home to EasyKnock without actually leaving your home. You get to stay as a renter with the cash you need to pay down debts. You can eliminate the tedious process of listing your home on the real estate market and a lot of the stress that comes with selling.

When financial freedom is your goal, you may find that, down the road a few months or a few years, you want to live somewhere else. Not a problem with Sell & Stay! You can give EasyKnock the go-ahead to sell your home and you receive any remaining value.

If you’re interested in Sell & Stay as a means to financial freedom, don’t hesitate to contact us. One of our Sell & Stay experts can help you determine if it’s a viable option for you!

Key Takeaways

If you’re looking for a way to pay down debts, there are several ways to do so, including EasyKnock’s Sell & Stay program. Consult your financial advisor today to learn more about the solutions available to you.

Home Equity
Tom Burchnell
Written by Tom Burchnell
Director of Product Marketing

This article is published for educational and informational purposes only. This article is not offered as advice and should not be relied on as such. This content is based on research and/or other relevant articles and contains trusted sources, but does not express the concerns of EasyKnock. Our goal at EasyKnock is to provide readers with up-to-date and objective resources on real estate and mortgage-related topics. Our content is written by experienced contributors in the finance and real-estate space and all articles undergo an in-depth review process. EasyKnock is not a debt collector, a collection agency, nor a credit counseling service company.