SPECIAL PROGRAM!

Buy the home of your choice - you pick the home! - We provide the financing

Choose any home listed for sale in the MLS (bank owned, short sale, traditional sale)

 

 

Program overview:

 

  • You need a 20% down payment for homes priced $100,000 and higher. Homes priced less than $100,000 are available with slightly higher down payment and interest rate requirements. Click here to view our U-pick down payment and interest rate table.
  • We purchase the home you select then sell to you with a 20% mark-up (mark-up is based on our purchase price plus our cost to purchase). 
  • For example:  We buy for $197,000+$3,000 in costs = $200,000; you buy from us for $240,000 ($200,000 base price + 20% mark-up).

 

How the program works:

 

  1. You complete online application or contact us so we can discuss details of the program.
  2. We verify your down payment and review your application with you.
  3. You select any home for sale (bank owned, short sale, foreclosure, traditional MLS listing).  We work with you just like a traditional real estate agent would - showing you properties, etc. 
  4. When you find the home you like, we buy the home in our name - typically for cash with a quick close so we can negotitate a good price (which is passed on to you).  You determine our offer price. 
  5. You complete all inspections so you are satisfied with the condition of the home
  6. We then sell to you with seller financing based on the following terms:

(below terms based on $100,000+ purchase price. For homes less than $100,000 click here to view down payment and interest rate table)

  • 20% down payment from you
  • We provide financing at 7.99% interest;
  • 30 year fixed with 7 year balloon
  • Closing occurs through a traditional title company
  • Title company's account servicing department collects payments from you on a monthly basis
  • You get the tax benefits

We close through a traditional title company just like any traditional home purchase. Only difference is since we own the home we can provide seller financing, so there are only minimal closing costs and you don't have to qualify for financing (other than ensuring to us you are a good risk).

 

Contact us today to get started.   602-647-6905