When a homeowner wants to sell their home, a formula is used to determine the sale price. Essentially, in exchange for buying a home at an affordable price, the homeowner agreed to sell the home at an affordable price. The Resale Formula preserves the affordability for the next income-qualified homebuyer. Notify One Roof of your intent to sell and we’ll get the process underway.

The resale formula gives the One Roof homeowner 100% of your earned equity (the amount you’ve paid down on your mortgage) PLUS 25% of any market equity determined by an independent appraisal at time of sale. Reference Land Lease Article 10 for more about selling your home; 10.11 for the resale formula.

You may choose to work with One Roof’s licensed realtors Yoana Sol and Jim Philbin to sell your home or any area realtor. If working with an area realtor, be sure they know your home is a community land trust home and the realtor needs to follow all of the land trust program guidelines: home listed at the resale formula price, to an income qualified homebuyer, who meets the land trust program requirements of purchasing a community land trust home found here. Typically, the seller pays the realtor commission.

DULUTH, MN 55805

Office Hours:

*In-person appointments and office visits are by appointment only.  Please call 727-5372 to schedule an appointment!

Phone: (218) 727-5372

Fax: (218) 727-9368


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