FAQ
Frequently asked questions about The Reset Method™
A sale-and-stay arrangement is a big decision. These answers are meant to help you understand the basics. Your own situation, documents, and professional advice should always guide your final choice.
Is The Reset Method™ a loan, refinance, or reverse mortgage?
No. The Reset Method™ is not a loan, refinance, HELOC, or reverse mortgage. It is a sale-and-leaseback arrangement. You sell your home to The Overflow Network, LLC and then rent it back under a lease. There is no loan balance or interest to repay.
Who owns the home after a Reset?
After the Reset sale closes, The Overflow Network, LLC becomes the legal owner of the property. You remain in the home as a renter. Your lease explains your rights and responsibilities, as well as ours, in detail.
How long can I stay in my home?
Lease terms vary, but many homeowners choose multi-year leases with renewal options. The length of your initial lease and any renewal options will be clearly stated in your documents so you know what to expect.
Do I still pay property taxes and homeowners insurance?
As the property owner, The Overflow Network, LLC typically handles property taxes and property insurance. As the tenant, you are responsible for your lease payments and any renter responsibilities specified in your agreement. Your documents will spell this out clearly.
Who takes care of repairs and maintenance?
Generally, we handle major repairs and essential systems once we own the home, while you take care of everyday upkeep and normal wear-and-tear responsibilities as a renter. The exact breakdown is always described in your lease and related materials.
Can my rent go up?
Rent terms, including any potential increases, are specified in your lease. We aim for predictability and fairness. You will see how rent works before you sign anything so you can decide whether it fits your situation.
Can I buy the home back in the future?
In some cases, it may be possible to structure a path to repurchase, but it is not guaranteed and depends on the specific agreement. If this is important to you, let us know early in the conversation so we can discuss what may or may not be possible.
What happens if I want to move later?
If you decide to move, you would follow the terms of your lease for notice, timing, and any obligations. After you move, The Overflow Network, LLC may re-rent or otherwise manage the property. You are not responsible for selling the home or finding a new buyer.
Do I need to hire a lawyer or financial advisor?
We strongly recommend that you speak with a qualified attorney, tax professional, or financial advisor before entering into any sale-leaseback agreement. They can help you understand how a Reset may affect your taxes, benefits, estate planning, and overall financial picture.
What if I decide The Reset Method™ isn’t right for me?
Requesting information or a Reset Offer does not obligate you to move forward. If you decide a Reset is not right for you, you can simply walk away. Our goal is to provide clarity and options, not pressure.
These answers are general in nature. Your actual agreement, market conditions, and personal situation will determine how a Reset affects you. Always review your own documents and rely on trusted professionals when making decisions.