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News•February 21, 2024

Truehold Launches in Dallas: Expanding Horizons to Empower Homeowners

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The Truehold Team

Driving Innovation in Home Equity Solutions

Truehold Launches in Dallas: Expanding Horizons to Empower Homeowners

Today, Truehold announced that it is expanding its footprint into Dallas, Texas. This marks a significant milestone, representing Truehold’s largest market entry to date and first venture outside the Midwest.

Revolutionizing Homeownership

Since launching in St. Louis in 2021, Truehold has introduced its sell and stay transaction to over a dozen Midwestern cities. The approach is simple yet impactful: homeowners sell their home, unlock their equity in debt-free cash, and keep living in their homes as renters. Truehold then covers property taxes, property insurance, and essential repairs.

Its sell and stay transaction offers the dual benefits of liquidity and stability, allowing individuals to access their home's value without uprooting their lives. It caters to a diverse range of homeowners, including retirees hoping to secure their financial futures, families hoping to build their next home, couples dividing assets, and individuals in need of funds to pay off bills or fund new ventures.

The transformative impact of Truehold's sell and stay transaction is further illuminated by a consideration of the broader implications for the housing market. This innovative solution addresses critical challenges facing homeowners today, such as the rising cost of living and the increasing difficulty of managing homeownership expenses. By enabling homeowners to tap into their equity without having to move, Truehold is not only offering a financial service but also, and importantly, promoting a sustainable model of homeownership that reflects the needs of modern families and individuals.

Why Dallas?

The decision to enter Dallas represents a strategic move designed to address the increasing demand for flexible homeownership solutions in a city known for its dynamic economy and housing market. With the arrival of Truehold, Dallas homeowners can now enjoy a seamless and stress-free living experience, with more flexibility and cash in hand.

The city's robust job market, coupled with its diverse population, means there is a wide array of homeowners who can benefit from Truehold's services. From young professionals seeking financial flexibility to seniors looking for a stable retirement, the potential for positive impact is significant.

Join our Community

If you’re a Dallas homeowner looking to cash out your home equity and continue living in your home, get in touch with a Truehold advisor today or learn more here.

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The Truehold Team

Driving Innovation in Home Equity Solutions

Truehold’s team is located across the US, working to help homeowners and investors access their hard-earned wealth. If you’re interested in joining our mission-driven organization, reach out to careers@truehold.com

Further Reading

Truehold launches in Phoenix, offering homeowners equity access without moving.
Truehold Logo ImageThe Truehold Team

News

Truehold Brings Financial Flexibility to Phoenix Homeowners

October 31, 2024

 Orlando homeowners now have a way to access their home’s equity while staying right where they are.
Truehold Logo ImageThe Truehold Team

News

Truehold Arrives in Orlando with a Unique Homeownership Option

October 31, 2024

Truehold Brings its Sell-and-Stay Transaction to Lakeland
Truehold Logo ImageThe Truehold Team

News

Truehold Brings its Sell and Stay Transaction to Lakeland

September 26, 2024

Editorial Policy

Truehold’s blog is committed to delivering timely and pertinent insights in real estate and finance, purely for educational and informational purposes. Crafted by experts, our content is thoroughly reviewed to guarantee its accuracy and dependability. Although designed to enlighten and engage, our articles are not intended as financial advice and should not be the sole basis for financial decisions. Our stringent editorial practices ensure the integrity of our content, empowering our readers with valuable knowledge.

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General Disclosure

This website is promotional in nature and is not offered or intended as advice and should not be relied on as such. American Secure Living Inc. d/b/a Truehold ("Truehold") and SFR FinCo LLC d/b/a Truehold Financial ("Truehold Financial") are affiliated companies engaged in different businesses.

American Secure Living Inc. d/b/a Truehold

Truehold transactions are real estate sales transactions, including sell-and-stay opportunities that involve the sale of property and the subsequent leasing of that property by the seller pursuant to a lease agreement. Truehold does not typically allow sellers to re-purchase the property after the sale. Product offerings vary by state and locality. Terms and conditions apply.

Truehold's initial purchase offer is non-binding and is subject to the execution of a mutually satisfactory sale contract, contingent on a no-cost home inspection, and standard lease signing (if applicable). Offer may change based on inspection results. For sell-and-stay opportunities, post-sale, you must adhere to lease terms for the minimum term (which ranges from 6 - 24 months) to continue living in the home. This includes making timely rent payments, which may increase after the initial term. Customer testimonials are based on individual customer experience.

SFR FinCo LLC d/b/a Truehold Financial, NMLS #2740541

Lending office: 1200 Riverplace Blvd, Suite 900 Jacksonville, FL 32207

Truehold Financial offers mortgage lending and mortgage brokering services in select states. Loans are not available in all states. Loans are subject to qualification and approval requirements. Terms and conditions apply.

Visit the Truehold Financial Licensing page or NMLS Consumer Access for more information about Truehold Financial's (NMLS #2740541) licenses.

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