Local Builder Will Unlock Your Frozen Equity, Pay For The Sale of Your Current Home!
This week, the Mills Family of Home Builders announced an incentive program called "Thaw Out Your Frozen Equity".
The program is aimed at current home owners who want to move to new construction, who are either looking for an incentive to make their move now, or who might not have enough equity in their home to make a move possible, without this program.
Under this program, the builder will actually pay the commission on the sale of
your current home (up to $14,000), when you purchase one of theirs.
The program works like this: Let's say you would like to move to a brand new, larger home. But you believe you can not move because, maybe you either owe about what your home is worth, or would not have enough proceeds after selling your current home. Well, this builder will actually pay the commission on the sale of your current home for you! That's right- they will pay the full commission on your current home, allowing you to make a move you did not think was possible, or at minimum reduce the expense of your move by up to $14,000.
You will even have up to 90 days to get your home sold, and still be able to use their program! That lets us take advantage of the spring market which starts January 1st, 2008.
This is one heck of a good deal, to say the least. The only catch is that the program has a short life. To take advantage of the program, your purchase agreement has to be written by January 31st, 2008. But a new home would make an excellent holiday, or New Year's gift, don't you think?
The Mills Family of Homebuilders has homes available in Ankeny, Carlisle, Grimes, Johnston, Urbandale, West Des Moines and Clive priced from $180,000 to $450,000, and includes Sunrise Construction, Premier Builders, Hearthside Homes, Infinity Homes and Prairie Ridge Homes. Visit them at: http://www.millshomebuilders.com/or you can view selected inventory I have provided from the MLS here: Mills Home Builders Listings Set #1 or Mills Home Builders Listings Set #2.
As an added bonus, interest rates are hitting rock bottom and are as low as 5.5% for a 30 year fixed rate! What an added perk. This could be the perfect time to make your new home happen!
In case you were wondering, we do not "list" this builders inventory. But this was too good of a deal to not pass along! In keeping our loyalties to our customers, we prefer to represent individual buyers, not the builder. We enjoy helping buyers pick out a builder from among the many options out there, based on that buyers individual needs and wants.
If you, or someone you know is thinking of making a move, contact us today!
Brian Wentz & Beth Ernst
Burnett Realty
515-334-4994
Visit us at: www.BrianWentzRealtor.com
or read Our Blog Here!
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Pair this with a 6 months no payment program on the new purchase and you would think that would make a happy buyer! Contact me for any information in regards to this special program.
This is a program that the seller can actually make contributions to pay the buyers mortgage payments for up to the first 6 months. The amount of contribution is based on the amount of down payment that the buyer puts into the transaction. The guidelines follow the same FNAM guidelines. 100% financing 3% seller contirbution (6% is certain cases)and 90% LTV - 6% contribution. I can run you through some numbers on this if you would like. Just give me a call at 515-988-3866. Thanks.
This is a great program! It is one of those programs that makes me say "Boy, I wonder who might want to take advantage of this...." Hmmmmm, back to my client roster...