With an investor leaseback, an investor will purchase your home to immediately stop foreclosure, sheriff sale, or any aspect of the foreclosure process. The investor immediately sells the home back to you with a new payment based on an 8% (approximate) interest rate, amortized over 30 years. This process will allow you to keep your home and rebuild your credit.

This process will give you the time needed to rebuild your mortgage and credit history. Generally after 12-24 months, your credit will be good enough to refinance the home in your own name. If you are able to make your monthly payments under the new payment plan, this is a very safe and successful method of saving your home from foreclosure.