Sell Your Home Now and Move Later: Dominion's Rent-Back Program
Dominion's Rent-Back Program allows eligible Maryland homeowners to sell their house and stay in it for 30 days free after closing. That means you can access the money from your sale while giving yourself extra time to pack, find your next home, and move at a pace that works for you.
Selling your home is a big decision, but moving out doesn't always happen on the same timeline.
Maybe your next home isn't ready yet. Maybe you're waiting for a new construction home to be finished, relocating for work, or helping a family member make a transition. Whatever the reason, trying to sell your home and move out on the same day can add a lot of unnecessary stress.
Dominion Properties created its Rent-Back Program to give homeowners more flexibility during that transition.
What Is a Rent-Back Program?
A rent-back program lets you sell your home while staying there for a short time after closing.
Instead of rushing to pack everything before the sale is complete, you can close on your home first and then move when you're ready. This gives you extra time to organize your belongings, plan your move, and settle into your next home without feeling rushed.
For many homeowners, that extra breathing room makes the entire process much easier.
When a Rent-Back Can Make Sense
Every homeowner's situation is different, but there are times when selling now and moving later can be especially helpful.
You're Buying Another Home
It's common for one home to sell before the next one is ready. A rent-back can give you time to close on your new house without worrying about where you'll stay in between.
You're Downsizing
If you've lived in the same home for many years, moving can take longer than expected. Sorting through furniture, family keepsakes, and personal belongings isn't something most people want to rush.
You're Relocating
Moving for a new job or to be closer to family often comes with a lot of moving pieces. A rent-back gives you more time to coordinate your plans without having to leave your home immediately after closing.
You're Retiring
Many retirees sell their home before moving into a smaller house, a retirement community, or closer to loved ones. Having a little extra time can make that transition much smoother.
How Dominion’s Rent-Back Process Works
The process is simple and designed to fit your timeline.
Step 1: Request a Cash Offer
We will learn more about your property and answer any questions you have about selling your home.
Step 2: Talk About Your Timeline
If you think you'll need extra time after closing, let us know early in the process. We will explain whether the Rent-Back Program is available for your situation and review the current terms with you.
Step 3: Close on Your Home
Once you accept the offer and complete the sale, ownership of the home transfers to Dominion.
Step 4: Stay for 30 Days Free After Closing
Instead of moving out right away, you can remain in the home for 30 days, for free! After the 30 days, you will be able to pay fair, market rent to stay in the property.
Why Homeowners Like This Option
Moving is one of life's biggest changes, and it rarely goes exactly as planned.
A rent-back gives many homeowners the flexibility to handle one step at a time instead of trying to do everything at once.
Depending on your situation, it may help you:
Pack without feeling rushed
Avoid temporary housing
Coordinate your move with family or work schedules
Finish buying your next home
Reduce the stress of moving
Instead of worrying about finding a place to stay right after closing, you can focus on making a smooth transition.
Things to Ask Before You Decide
Before choosing a rent-back option, it's important to understand how the agreement works.
Ask questions like:
Exactly how long can I stay after closing?
What happens if I need more time?
Knowing these details ahead of time can help you decide whether a rent-back is the right fit for your situation.
Is a Rent-Back Right for You?
Not every homeowner needs extra time after selling, but many do.
If you're ready to sell your home but aren't quite ready to move, a rent-back may give you the flexibility you're looking for. Instead of feeling pressured to do everything at once, you can sell first and focus on your move afterward.
If you're interested in this option, Dominion Properties can explain how the program works and whether it's available for your home.
Ready to Learn More?
If you're thinking about selling your home but need a little more time before moving, Dominion's Rent-Back Program may be worth exploring.
Our team will answer your questions, explain your options, and help you decide whether the program is the right fit for your situation.
Call 410-989-4564 today to request your free, no-obligation cash offer.
Frequently Asked Questions
Can I stay in my home after I sell it?
In some cases, yes. Dominion's Rent-Back Program allows eligible homeowners to remain in the home for 30 days, free. Ask about the current program terms for your situation.
Do I have to move out on closing day?
Not always. If a rent-back agreement is part of your sale, you'll have an agreed-upon amount of time to move after closing.
Do I have to make repairs before selling?
No. Dominion buys homes as-is, so you don't have to make repairs or updates before requesting an offer.
Is there any obligation if I ask for a cash offer?
No. Requesting an offer is free, and there's no obligation to sell your home.
How long can I stay after closing?
That depends on the terms of your agreement. Dominion can explain the current Rent-Back Program and how long eligible homeowners may remain in the property.
What if I haven't found my next home yet?
A rent-back may give you extra time to complete your move, but it's important to have a plan in place before your agreed move-out date.