Sell your home. Stay in it. Keep the right to buy it back.

In full

If you’re behind on your mortgage, you’ve received a foreclosure notice, or a sale date has already been set on your Florida home, the honest first question is: what actually stops that clock? HomeAgain is one option — a sale-leaseback with a repurchase option — and this page explains exactly how it works, what it costs, and what you give up, so you can compare it against the alternatives fairly.

What HomeAgain actually is

You sell your home to Caliber Trust at a negotiated price. At closing, the sale proceeds pay off your existing mortgage and any liens against the property — that’s what resolves an active foreclosure case under Florida’s judicial foreclosure process (Fla. Stat. ch. 45) or a pending tax deed sale under ch. 197. You then lease the home back from us and keep living in it. Built into your lease is a contractual option: for a defined window, you have the right to buy the home back at agreed terms.

That’s the whole mechanism. It is not a loan, we are not “helping you catch up” on an existing mortgage, and we are not acting as your servicer. It is a real estate transaction with a lease and an option attached to it.

Who this is designed for

HomeAgain tends to make sense for homeowners who:

• Have real equity in the home, or a property that’s worth meaningfully more than what’s owed on it
• Want to keep living in the house rather than move, even if they can’t currently carry the mortgage
• Are further along in the process — a foreclosure notice, a lis pendens on file, or a scheduled sale date — where a traditional refinance or loan modification is no longer realistically on the table
• Have a plausible path back to affording a repurchase in the timeframe of the option, even if that path isn’t guaranteed

It is generally not the right tool if you have little or no equity, if a standard loan modification or forbearance would fix the problem more cheaply, or if you’re not confident you’d ever want to buy the home back — in that case, a straight sale on the open market may leave you with more cash.

Eligibility, in plain terms

We evaluate every property individually: location, condition, liens and payoff amounts, how much equity is realistically left after those payoffs and closing costs, and where the home sits in the foreclosure or tax deed timeline. There’s no published equity percentage or income cutoff that qualifies or disqualifies you automatically — the honest answer is “it depends on the numbers for your specific property,” and we won’t pretend otherwise. The fastest way to find out is to tell us your situation on the form below; there’s no obligation to move forward after we look.

What you keep, and what you give up

What you keep: the ability to stay in your home under a lease instead of moving out; a resolved mortgage and foreclosure case at closing rather than an ongoing default; and a contractual, time-bound right to buy the home back — something a straight sale to a third party would not give you.

What you give up: ownership of the property at closing (you become a tenant, not an owner, during the lease); whatever future appreciation happens on the home unless and until you exercise the repurchase option; and the certainty of a fixed monthly rent versus a mortgage payment you may have had more control over. If you don’t exercise the option before it expires, it lapses, and you do not own the home.

We are not going to tell you “you’ll keep your equity” or “you’ll have no payments” — those aren’t promises anyone can honestly make about a program like this, and Florida law doesn’t let foreclosure-rescue offers make guarantees like that either (Fla. Stat. § 501.1377).

Important risks

• You are selling the property. Title transfers to the buyer at closing.
• If you do not exercise the buy-back right in time, you may permanently lose ownership.
• Lease default may lead to eviction through the appropriate Florida court process.
• There is no guarantee you will be able to obtain financing to exercise the buy-back.
• Our counsel represents the company, not you. Seek independent legal advice, and consider a HUD-approved housing counselor at (800) 569-4287 — free, and on your side.

How it is documented

• A true and unconditional sale, with the buy-back price, deadline, and any extension terms disclosed on the face of the agreement.
• A contractual right or option to repurchase, at a price locked in writing on day one.
• Occupancy and payment terms in a separate residential lease under Florida Chapter 83.
• A statutory Notice of Right to Cancel delivered when Fla. Stat. § 501.1377 applies — typically a three-Florida-business-day cancellation window.

How the timeline usually runs

1. You tell us about your situation and property — this page’s form takes a few minutes.
2. We review the numbers: payoffs, liens, condition, and what’s realistically left for you after closing costs.
3. If it pencils out, we send you a written offer with the sale price, lease terms, rent, and the specific terms of the repurchase option — take this to an attorney or HUD-approved counselor before you sign anything.
4. At closing, your existing mortgage and liens are paid off from the proceeds, which is what resolves an active case tied to that debt.
5. You move into the lease and, on the schedule in your agreement, you can exercise the option to buy the home back if your finances support it at that time.

Alternatives worth ruling out first

Before you pursue a sale-leaseback, it’s worth ruling out cheaper options that leave you owning the home outright:

• Loan modification or forbearance through your servicer, if your income has recovered or is expected to.
• Refinancing, if your credit and income still support a new loan at a payment you can carry.
• A straight sale on the open market, if staying in the house isn’t essential and you want to walk away with the most cash.
• A short sale or a deed in lieu of foreclosure, negotiated with your lender.
• Bankruptcy. A buy-back is not a substitute for bankruptcy, which may be the right option for some homeowners — a bankruptcy attorney can tell you whether it fits your situation.
• Free HUD-approved housing counseling, which can help you work out which of these actually fits your numbers before you commit to anything, including HomeAgain.

We’ll tell you plainly if one of these looks like a better fit than HomeAgain when we review your situation — a deal that doesn’t actually help you isn’t good for either of us.

Three plain statements

1. This is a sale transaction if accepted.
2. There is no guarantee of foreclosure prevention, repurchase, or refinancing.
3. You should seek independent legal advice, and you are strongly encouraged to contact a HUD-approved housing counselor at (800) 569-4287.

Before you sign anything, anywhere

Whether it’s with us or another company, get an independent read on any foreclosure-rescue-style offer before signing. Florida’s Foreclosure Rescue Fraud Prevention Act (Fla. Stat. § 501.1377) exists specifically because this space attracts bad actors, and it requires these contracts to be in writing and gives you cancellation rights. A HUD-approved housing counselor (hud.gov/counseling) will review an offer like this with you at no cost.