How to Sell Your Home with No Equity

If you’re a homeowner struggling to sell your home because you have little to no equity, you may feel like you’re out of options. The good news? You’re not. At Williamson Legacy Properties, we specialize in creative solutions that help homeowners move forward—without taking a financial loss. One of the best tools for situations like yours is a “Subject To” transaction.

What is a "Subject To" Transaction?

A "Subject To" sale means that a buyer purchases your home subject to your existing mortgage. Instead of paying off your mortgage at closing (like in a traditional sale), the buyer takes over the payments while the loan remains in your name. You transfer ownership of the property, but the mortgage stays in place.

This strategy has been used legally for decades and follows real estate laws that protect both homeowners and buyers. The key legislation that supports subject-to transactions includes:

• The Garn-St. Germain Act of 1982, which allows property transfers without triggering the due-on-sale clause in certain cases, such as transferring a home to a trust.

• State and local real estate laws that govern how ownership transfers work.

While this process is perfectly legal, it’s essential to work with experienced professionals—like our team at Williamson Legacy Properties—to ensure it’s done correctly.

Why Would You Sell Your Home This Way?

Selling a home subject to is a great option if:

✅ You have no equity – If selling your home through a traditional listing would mean coming out of pocket for closing costs or agent commissions, this strategy can help you avoid those expenses.

✅ You're struggling with payments – If you’re behind on your mortgage or facing foreclosure, a subject-to transaction can allow a buyer to step in and prevent damage to your credit.

✅ You need to move quickly – If life circumstances require you to relocate fast, this option allows for a smoother, faster sale without the delays of a traditional home sale.

✅ You want to preserve your credit – Avoiding foreclosure or late payments means you can keep your credit score intact, allowing you to qualify for future housing opportunities.

How It Benefits Families Like Yours

At Williamson Legacy Properties, we believe in solutions that serve families, not just transactions. Our goal is to help homeowners navigate tough situations while protecting their financial future. A subject to sale can:

🔹 Relieve financial stress – You no longer have to worry about making payments on a home you can’t afford.

🔹 Prevent foreclosure – Protecting your credit means opening doors for future homeownership.

🔹 Provide a hassle-free exit – No staging, no waiting for months to find a buyer.

🔹 Create a win-win scenario – The buyer takes over your mortgage payments, and you get to move forward without financial burden.

Is This Right for You?

Every homeowner’s situation is unique, and we’re here to help you explore your options. If you’re facing a difficult home sale, we’d love to chat and see if a subject to transaction could be the right solution for you.

💬 Contact us today to learn more about how we can help you sell your home—even with no equity. Your next chapter starts here.