5 Ways To Get Out of Your Mortgage in Sacramento

🏠 5 Ways To Get Out of Your Mortgage in Sacramento

Life changes fast — and sometimes, the home that once fit your dreams no longer fits your reality. Whether your mortgage has become a burden, your job situation has changed, or you simply want a fresh start, being tied to an unwanted mortgage can drain your finances and peace of mind.

The good news? You have options. As a veteran-owned home buying company based in Sacramento since 1992, we’ve helped hundreds of homeowners escape overwhelming mortgages — even when they thought it was impossible.

In this guide, we’ll break down 5 proven ways to get out of your mortgage in Sacramento, plus insider tips on how to move forward without losing your equity, credit, or sanity.

Let’s dive into the 5 Ways To Get Out of Your Mortgage in Sacramento.

1️⃣ Sell It Fast for Cash

The most effective, stress-free way to get out of your mortgage is through a direct sale to a trusted local cash buyer. This approach eliminates the middleman (realtors, banks, inspectors, and appraisers) and allows you to sell your house quickly — often in as little as 7–10 days.

When you work with Darren Buys Homes Fast Sacramento, you skip months of waiting, repairs, and uncertainty. You can sell your home in its current condition, avoid showings and open houses, and receive a guaranteed offer in writing.

Traditional listings can leave you paying:

Mortgage payments while waiting for offers
Property taxes and insurance
Utility and maintenance costs
Agent commissions and escrow fees

But with a direct sale, you walk away with cash in hand and your mortgage fully paid off — fast.

💡 Pro Tip: If your home is located in Sacramento areas like Fruitridge, Rosemont, Oak Park, or South Sacramento, where older homes often need repairs, a fast cash sale is often the smartest and most profitable move.

Darren Buys Homes Fast Sacramento has maintained an A+ BBB rating for over 6 years and specializes in helping homeowners just like you sell quickly without fees, repairs, or hassles.

2️⃣ Hire an Agent — But Know the Costs

Hiring a traditional real estate agent in Sacramento is still an option, but it’s not always the most efficient path — especially if time and money are priorities.

Real estate agents charge 5–6% commissions on the sale price, not to mention closing costs, cleaning, and repair expenses. You’ll also need to keep your property in “show-ready” condition and accommodate countless showings.

If you’re not in a rush and your home is in perfect condition, this route may make sense. But if you’re already stressed about your mortgage and want a faster, guaranteed solution, working with Darren Buys Homes Fast Sacramento gives you more flexibility.

As Sacramento’s trusted home buyers since 1992, we’ve seen every possible situation — from job loss to foreclosure to divorce — and we’ve built customized plans that allow homeowners to move on without the red tape or waiting periods that come with agents.

✅ No commissions
✅ No repairs
✅ No open houses
✅ Close on your schedule

💵 Closing Costs Explained for Sacramento — $350,000 Home

❌ Typical Sale (MLS / Realtor) vs. ✅ Darren Buys Homes Cash

Closing Cost Category	❌ Typical Sale (MLS / Realtor)	✅ Darren Buys Homes Cash
🏷️ Real Estate Agent Commissions	5–6% of sale price (≈ $19,250 on $350,000)	$0 – no agent fees or commissions
🔐 Title & Escrow Fees	Seller pays half of escrow + title insurance (≈ $1,600)	$0 – we pay all title & escrow costs
🧾 Transfer Taxes & Recording Fees	Paid by seller to city/county (≈ $1,200)	$0 – we cover these costs too
🔧 Repairs / Concessions	Often negotiated after inspections (≈ $2,000+)	No repairs required – we buy as-is
💰 Total Estimated Seller Costs	≈ $24,050 (around 6.9% of sale price)	$0 – we pay all seller costs!
💵 Net Proceeds to Seller	≈ $325,950 before mortgage payoff	≈ $350,000* – you keep the full offer
⏱️ Time to Close	30–60 days (plus repairs & showings)	As fast as 10 days – you pick the closing date
🧠 Peace of Mind	Uncertain buyer financing & hidden fees	Guaranteed cash sale – no surprises at closing

*Net proceeds may vary based on mortgage payoff, taxes, or agreed offer price. Example shown for a Sacramento home at $350,000.

3️⃣ Rent It Out

Turning your home into a rental property can be an effective way to manage your mortgage without selling — especially if the local market is strong.

By renting it out, your tenants cover your mortgage payments (and possibly more). You could even generate positive cash flow while building long-term equity.

However, becoming a landlord isn’t for everyone. You’ll need to screen tenants, manage maintenance, handle repairs, and deal with potential vacancies. If that sounds overwhelming, a property management company can help — but they’ll take a percentage of your rental income.

We’ve worked with countless Sacramento homeowners in neighborhoods like Carmichael, Fair Oaks, and Citrus Heights who turned their homes into profitable rentals. Still, if you’re looking for immediate financial relief, selling directly might be the more practical solution.

💡 Pro Tip: Renting can help you “buy time,” but if you’re already behind on payments or facing foreclosure, selling fast will protect your credit score and allow you to move forward cleanly.

🏠 5 Ways To Get Out of Your Mortgage

4️⃣ Gift or Transfer Ownership

One of the lesser-known methods for getting out of your mortgage is gifting or transferring ownership to someone else — such as a family member, child, or close friend.

You can either:

Transfer ownership while they assume the mortgage, or
Sell the property to them for the outstanding balance

This approach allows you to clear the debt without foreclosure, fees, or penalties — and gives your loved one an opportunity to build wealth through homeownership.

We’ve seen this strategy work especially well in family-oriented areas like Natomas, Arden-Arcade, and Elk Grove, where multi-generational families often collaborate to keep property ownership in the family.

⚠️ Important: Always check with your lender before transferring ownership, as not all mortgages are assumable. Consult a real estate attorney or trusted broker (like Darren Brown, licensed since 1992) to handle the paperwork correctly.

5️⃣ Rent-To-Own Agreements

If you’d like to maintain some control over your property while working toward getting out of your mortgage, a rent-to-own (or lease option) arrangement is a great hybrid solution.

Here’s how it works:

You rent the home to a tenant-buyer for a set period (usually 1–3 years).
They pay above-market rent, with part of it applying toward the future purchase.
They also provide an upfront deposit (option fee).
When the term ends, they either buy the house or forfeit their option fee and payments.

This gives you steady income, covers your mortgage, and keeps ownership in your hands until the sale is finalized.

If the tenant defaults, you keep all the payments made and can start again with another renter-buyer. It’s a win-win for sellers who have time but still want financial stability.

Rent-to-own arrangements are increasingly popular in transitional neighborhoods like Oak Park, Florin, and North Highlands, where buyers want ownership opportunities without traditional mortgage approval hurdles.

🏠 5 Ways To Get Out of Your Mortgage in Sacramento

🏡 Ready To Break Free From Your Mortgage in Sacramento?

At Darren Buys Homes Fast Sacramento, we’ve been helping homeowners across Sacramento and beyond find relief from their mortgage burdens for over 30 years. Whether you’re behind on payments, tired of repairs, facing foreclosure, or just ready for a change, we provide honest, fast, and guaranteed options that traditional agents simply can’t.

We buy houses in any condition — fire damage, code violations, hoarder homes, inherited properties, you name it — and close fast so you can move forward.

📞 Call Darren directly at 916-300-7962 or visit DarrenBuysHomesCash.com to learn exactly what your home is worth and how quickly we can help.

🔧 Flexible Solutions for Every Situation

We specialize in helping Sacramento homeowners navigate tough situations, including:

Inherited homes that need major repairs
Divorce or separation requiring a quick sale
Foreclosure or pre-foreclosure threats
Tired landlords tired of tenant drama
Downsizing or relocation for work

No matter your reason, we’ll give you a fair, fast offer and a closing date that fits your timeline — all while keeping the process private and hassle-free.

💬 Final Thoughts

Getting out of your mortgage doesn’t have to mean stress, penalties, or financial loss. Whether you choose to sell fast, rent, transfer, or create a rent-to-own deal, you have real, actionable options to regain control of your finances.

By partnering with Darren Buys Homes Cash, you’ll:
✅ Sell fast and close in days
✅ Skip repairs and agent commissions
✅ Avoid waiting for bank approvals
✅ Keep your dignity and peace of mind
✅ Get expert help from a veteran-owned, A+ BBB-rated local business

If you’re ready to stop worrying about your mortgage and start planning your next chapter, reach out today. With Darren Buys Homes Cash, selling your Sacramento home is simple, fast, and 100% stress-free.

📞 Call 916-300-7962 or visit DarrenBuysHomesCash.com today!

🏠 5 Ways To Get Out of Your Mortgage in Sacramento

Additional Reading:

5 Ways to Sell Your Sacramento House in a Flooded Market

3 Ways You Can Sell Your House Without A Real Estate Agent in Sacramento