If you are currently have a home that you need to sell before you can buy your next new home, we have a unique "Move-up homebuyer program" to help you achieve your goal.
We help you sell your current home for the highest price in the least amount of time with our network of Real Estate professionals who specialize in your neighborhood and have the experience in your community to know what the realistic best price for your home is today.
Here is an example of how it works:
Current Home Sold before Buyout required/ home did not sell
New home closes: before new home closes:
Retail (suggested)price $130,000
Actual Fair market price(97%)126,100 (FMV)Appraisal price $126,100
Listing rebate(given to owner after Guaranteed buy price
new home closing) (3%) 3,783 (95%x$126,100) 119,795
Realtor listing fee (6%) -7,566 Less Realtor listing fee -7,188
Standard closing costs(1.7%) -2,144 No closing costs charged
Less mortgage loan payoff ? Less mort.loan payoff
Seller's proceeds $120,173 Seller's Proceeds $112,607
(percentage of FMV =95%) (%FMV =89%)