|
Q:
Why should I use the Home Grants Program to sell my
house?
|
| A:
The Home Grants Program is a proven method for a quick
sale when you are trying to sell your home. Our clients
have been pre-qualified for a mortgage and are educated
in buying a home. Our clients do not make insulting
offers; all offers are based on fair-market appraised
value "Full Market Value". In many cases, Home Grants
recipients will offer you the full-appraised value for
your home. |
Q:
Who uses the home grants program to purchase homes?
|
| A:
Unfortunately, people tend to stereotype the people
that utilize the Home Grants Program. Typically the
Grant recipients are first time homebuyers, who have
good credit and steady jobs (they must qualify for a
mortgage to receive a Grant). The common factor among
our Grant recipients is the absences of cash available
for down payment and closing costs. The lack of a down
payment may be the result of past debt, high rent, new
family members, and ever-present car payments, etc. |
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Q: How
do the grant recipients get their money?
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| A: We
have a large pool of money, separately managed for Grant
making. When our recipients are ready to close, we wire
transfer or bank transfer the Grant/Gift money to the
closing agent's escrow account; the closing agent will
then disburse the Home Grant accordingly. |
|
Q: How
much will the home grants program cost me?
|
| A:
There is a $650.00 administrative fee on each Home Grant;
the seller, builder or lender usually pays this expense.
This administrative fee helps offset the education cost
and the operational cost associated with administering
the program. The Home Grants Program also requires replenishment
in the amount of Home Grant money gifted to the grantee
purchasing your home. Typically the seller replenishes
the funds instead of giving a selling concession. The
funds you contribute to the Home Grants program are
considered a charitable contribution. You may benefit
from a tax-deductible contribution, which may equate
to a tax refund for you! The donation to the Home Grant
program, your donation will be deducted from the proceeds
not your pocket. |
| Q: How
quickly can my home be sold with the Home Grants Program? |
| A:We
may actually have a buyer right at this moment. Once
you agree to the terms of the program your home will
be added to our list of available homes. Your home will
appear in our seminar flyers and will also be featured
on our soon to be released Website. However, there is
no guarantee that your home will be purchased by one
of our Grant receivers. |
| Q: Am
I bound to the Home Grants Program? |
| A: No,
you are not bound to the program at all. You do not
list your home with us, you simply agree to the terms
of our program in the event that we have a buyer for
you. You are free to sell your home at any time without
complication from us; "this is not a real estate sales
program!" |