Your funding request has been conditionally approved through the Bridge2Sell program. Here's exactly how it works, what you receive, and how you keep control of your home's value.
You access your equity now, stay in your home, and hold a locked-in option to buy it back or sell — with any upside remaining yours.
For the security of both parties, the deed is held in a trust that exists solely for this transaction and dissolves upon repurchase or sale. You and Bridge2Sell are the trust's beneficiaries — you keep equitable title and the right to live in your home, and Bridge2Sell holds a beneficial interest equal to the repurchase amount.
You sign a lease granting you full possession for up to 12 months. Your lease payments are prepaid and built into the transaction — nothing new out of pocket each month. If you repurchase at the 6-month mark, six months of lease payments are credited back to you.
A binding Option Agreement locks in your price. At any point within the term you can buy your home back at the locked-in option price, or sell it to a third party. If you sell, you receive the net proceeds above the option price. Either way, the property is sold no later than 12 months.
If the collateral must be liquidated to satisfy the repurchase, Bridge2Sell and/or its affiliates are entitled only to the amount agreed in this proposal. Any equity above the repurchase amount belongs to you. Any appreciation in the value of the property also belongs to you.
THIS IS NOT A PERSONAL LOAN, MORTGAGE, LAND CONTRACT OR OTHERWISE. YOU SHOULD CONSULT WITH AN ATTORNEY TO UNDERSTAND YOUR RIGHTS AND OBLIGATIONS UNDER THE CONTEMPLATED TRANSACTION. YOU MAY ALSO WISH TO CONSULT WITH A FINANCIAL, TAX, OR REAL ESTATE PROFESSIONAL PRIOR TO SIGNING THIS PROPOSAL OR THE PURCHASE AND SALE AGREEMENT.
All figures are estimates, subject to change based on final title, insurance, and tax costs.
| Estimated proceeds to you | $175,000.00 |
| Estimated closing costs & prepaids paid at closing | |
| 12 pre-paid lease payments (12 × $2,200.98) | $26,411.72 |
| Estimated property taxes in advance | $13,900.00 |
| Estimated insurance premium (12-month term) | $2,500.00 |
| Estimated title fees & closing costs | $4,000.00 |
| Administrative fee | $1,997.00 |
| Estimated purchase amount | $223,808.72 |
| Fees | |
| Option fee | $45,472.68 |
| Exit fee | $2,238.09 |
| Fees subtotal | $47,710.77 |
| Total · repurchase at Month 12 | $271,519.49 |
| Credits — if you repurchase by Month 6 | |
| Unused pre-paid lease payments (6 × $2,200.98) | –$13,205.88 |
| Early Repurchase Credit | –$12,180.09 |
| Credits subtotal | –$25,385.97 |
| Repurchase at Month 6 | $246,133.52 |
Term: An initial 6 months, with a one-time option to extend for a further 6 months (up to 12 months total). Your anchor price is $246,133.52 if you repurchase by Month 6 — the credits above are already applied. If you need more time, you take the one-time extension and your price is the Total, $271,519.49, fixed and flat through Month 12 with no further credit. Both prices are all-inclusive and locked in at closing.
Your lease is prepaid at closing. You have two clear, locked-in ways to complete the transaction — repurchase at Month 6, or take the extension and repurchase by Month 12.
| Repurchase at Month 6 lease credit built in | $246,133.52 |
| Repurchase by Month 12 if you extend · flat, no further credit | $271,519.49 |
If you're ready at the 6-month mark, your all-inclusive price is $246,133.52. If you need more time, you take the one-time 6-month extension and your price is fixed at $271,519.49 — flat, all the way through Month 12. There is no monthly escalation and no further fee between the two.
This restates the figures on the prior pages so they're easy to follow. Please review each line and initial to confirm your understanding.
| Definition | Amount | Initials |
|---|---|---|
| The estimated amount you will receive at closing | $175,000.00 | |
| The estimated monthly lease payment | $2,200.98 | |
| Your estimated closing costs & prepaids (12 prepaid lease months, taxes, insurance, title, admin) | $48,808.72 | |
| This brings your estimated purchase amount to | $223,808.72 | |
| Your option fee & exit fee subtotal | $47,710.77 | |
| Your Total — the repurchase price at Month 12, flat if you extend | $271,519.49 | |
| Your credits if you repurchase by Month 6 (6 unused lease months + Early Repurchase Credit) | –$25,385.97 | |
| Your anchor repurchase price if you buy back by Month 6 (after credits) | $246,133.52 |
All terms in this proposal are estimated and subject to change based on market pricing of title services, insurance costs, and tax rates. Seller will pay prorated property taxes at closing.
Seller has a one-time option to renew the Lease Agreement and the Repayment Fee Option Agreement for an additional six (6) months, for a total term of up to twelve (12) months. If Seller repurchases at the six (6) month mark, six months of lease payments are credited into the repurchase price. If Seller exercises the extension, the repurchase price is fixed and flat through Month 12 with no further credit. All fees related to the Option Agreement are deferred and paid upon exercising the Option Agreement at closing, by purchase or sale of the property.
In the event the property is liquidated due to a default, the client agrees to a 2% fee based on the final sale price. This fee will be deducted from the proceeds of the sale.
The Settlement Statement (ALTA or HUD) prepared by the title company or closing attorney reflects the final figures. It is your responsibility to review it carefully to ensure all charges, credits, and terms are accurate. If you disagree with any amount, contact your sales representative before signing any closing documents. By proceeding to closing, you acknowledge you had the opportunity to review the Settlement Statement and agree with the final terms.
During the review period and prior to closing, you agree to grant Bridge2Sell (or a designated third party) access for inspections and interior/exterior photographs, to ensure accuracy and facilitate closing. After you submit this information, we send a purchase agreement; once signed, title work begins. Funding typically occurs within 30–45 days and can close in as few as 14 days depending on title work. This is an arms-length transaction; if both parties do not agree to the final terms, neither is obligated to proceed.
I/We, the undersigned, hereby agree to the terms and conditions of this preliminary conditional proposal as set forth herein. I/We have the authority to sign this Proposal on behalf of the related entities.