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| Guaranteed sale, guaranteed price. |
| When you accept an ERA offer, the Seller's
Security Plan assures you that ERA will buy your current
house If it doesn't sell within 180 days from the application
date. ERA guarantees the purchase price offer, so
you'll know in advance the minimum you can expect from
the sale of your house. You'll also have plenty
of time to see if any other buyer is willing to pay more. |
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| You get the profit, ERA covers
any loss. |
| Almost always, you will receive more
than the price guaranteed by the agreement. If ERA
ends up purchasing your house and then resells it for
more than we have in it (including holding and closing
expenses), the net profits are returned to you.
But if ERA sells it for less, you don't take the loss,
ERA does. |
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| ERA can even help with your down
payment. |
The ERA Sellers Security Plan allows
qualified buyers to borrow against equity.
You may use up to $150,000 of your available equity from
the ERA offer to purchase and close on your new home.
So if the down payment on your new home is contingent
on the proceeds from your old one, we've got you covered. |
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| Sellers Security Plan qualification |
Your house must be a single-family
primary residence. Houses must have an average appraised
value of at least $50,000 and not more than $450,000.
Mobile homes, co-ops or or multi-family homes are not
eligible for the plan. Properties that have an abandoned
storage tank on site are also not eligible.
Other conditions also apply. To see if your property
is eligible and to learn more, contact
Rob and Theresa Morris. |
