Bustad uses the same tools as real estate agents to estimate the value. If it is difficult to estimate the correct price, Bustad can ask you to provide e-valuation (e-takst) and possibly a condition report.

No, you do not pay rent to Bustad, but you are responsible for all ongoing costs and maintenance of the property.

The bank still has 100% mortgage rights on the house and gets a safer mortgage customer. You have a lower debt-to-value ratio on the property and better economy as a result of lower loan costs.

Yes, Bustad only pays down debt you have with the bank. This can be secured debt such as mortgages and car loans, or unsecured loans such as personal loans and credit cards.

The price of the buyback is what Bustad paid for the share, adjusted for any appreciation in the real estate market. Bustad uses a reputable price index to estimate price growth on properties in your region.

Bustad calculates a discount on your property value. This is to cover the document fee, other costs, and a buffer for Bustad Coin. This is included in the property price, i.e. you pay nothing in cash. All costs are clearly stated in the offer.

You are free to renovate/upgrade the property at your own expense. The buyback price from Bustad will not be affected by this.

No, you are responsible for ongoing costs, maintenance, and insurance.

"Yes, you can sell your property at any time. You have two options:

1) You can first buy back your share from Bustad, then sell 100% of the property yourself.

2) You can sell your share on the open market, and the new owner must enter into the agreement with Bustad.