FAQ

Assign

  • Our Assign option is called “Assign” because it represents our method in which we put the homeowners property under contract then contact investors interested in the property who we then assign the contract to in order to purchase the property for a fix n flip or rental investment.

  • The Assign option is best suited for homeowners with properties that require a little to excessive rehab work in order to bring the property back up to or above market value.

  • Will cost you nothing. We make our money from the investors, not from you. If you decide to do an “Assign” deal with us, you do not have to pay us a commission.

  • We handle all the paperwork including a potential real estate lawyer, title and escrow company. Of course, you are always welcome to have these items reviewed by a lawyer at any time during the course of the transaction. We want you to be 100% comfortable with everything before moving forward.

Sell

  • Our sell option is called “Sell” because it represents our solution to help you "Sell" your property for the price you want but not through the conventional method with a realtor but instead using a lease option selling to a Tenant Buyer

  • A lease option is a purchase contract combined with a rental agreement. The buyer leases the property for a specified period of time then has the option to purchase the property before the end of the lease agreement. A lease option is both a seller and buyer’s dream come true because it can eliminate many of the negatives attributed to the selling and buying of a home.

  • Will cost you nothing. We make our money from our tenant/buyers, not from you. If you decide to do a lease option with us, you do not have to pay us a commission.

  • We make your monthly payments while a tenant/buyer is qualifying for a loan. All your expenses related to the house are taken care of

    Another advantage is that our objective is to put only high quality tenant/buyers in the house since we make our profit by selling for higher than we buy. Since we guarantee all minor maintenance on the house, it is in our best interest to ensure that our tenant/buyer will take care of the home and eventually secure financing to cash you, the seller, and us out. This means that we put our tenant/buyers through an intensive pre-screening process before they are even permitted to look at the house.

    We don't work for commissions. And, because our profits are made by selling for slightly higher than what we buy for, we have a vested interest in the house and in making sure it gets sold.

  • You’ll have 3 levels of protection. First, we purchase a homeowner’s warranty at no cost to you and will keep it in force for the life of the lease. Second, the tenant/buyer will be required by the terms of the lease to perform all regular maintenance and repairs. And third, you’ll maintain your homeowner’s policy to protect against incidents covered by homeowners insurance.

  • We can set it up however you like. Some homeowners like payments electronically sent each month straight to their bank accounts. Others prefer to set up an escrow account where rent is mailed to the escrow account and the account pays the mortgage. (You can call the escrow account anytime and request a statement of activity to see when rent was paid and when the mortgage was paid.) We normally set it up to automatically pay your lender each month and send you the difference.

  • We handle all the paperwork including a potential real estate lawyer, title and escrow company. Of course, you are always welcome to have these items reviewed by a lawyer at any time during the course of the transaction. We want you to be 100% comfortable with everything before moving forward.

Return

  • Our return option is called “Return” because is represents the method in which we will help the homeowner "Return" the property and mortgage back to the lender via a legal agreement called Deed in Lieu of Foreclosure.

  • A deed in lieu of foreclosure is a legal agreement that allows a homeowner to avoid foreclosure by transferring their property's title to their lender in exchange for releasing them from their mortgage obligation.

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  • It doesn’t cost you anything. We make our money from the lender, not from you. If you decide to do a deed in lieu of foreclosure with us, you do not have to pay us a commission.

  • We handle all the paperwork including with the mortgage lender. Of course, you are always welcome to have these items reviewed by a lawyer at any time during the course of the transaction. We want you to be 100% comfortable with everything before moving forward.

    • Must have long term financial hardship

    • Must not be in bankruptcy

    • House must be on the market at fair market value for 30 - 90 days 

    • House must only have one mortgage or two mortgages with the same lender but no other liens against the property

    • More is owed on the mortgage than the property is worth

    • House must be turned over in broom clean condition

    • Avoid bankruptcy or foreclosure

    • Best option if tried short sale or loan modification and turned down on both

    • Relieved of indebtedness of the loan

    • Only impact on credit is limited to the late payments (if any) and the loan becomes paid in a settlement. 

    • Can qualify for a new mortgage in far less time than if a bankruptcy or foreclosure occurs. 

    • Possible minor tax consequences but most likely the homeowner becomes insolvent and the tax consequences (if any) can be minimized for IRS purposes by their financial advisors. 

    • Homeowners avoid the public notoriety and embarrassment of a foreclosure and avoid the lengthy, stressful, and uncertain process of a foreclosure.