Chip & Kathy's Trade-Up Program

CHIP AND KATHY'S TRADE-UP PROGRAM FOR QUALIFIED BUYERS:

You want to buy or build a new home, but have not been able to sell (or need to sell) your existing one.

WE WILL PURCHASE YOUR PRESENT HOME WHEN YOU PURCHASE ONE OF OURS!

Here is a quick summary of how it works.

1. Select your new home.

2. We will do a market analysis of your existing home to determine its current market value.

3. You will meet with our lender, we will do the paperwork for you to purchase your new home and for us to purchase your existing home.

4. Once an appraisal is received and reviewed on your existing home, together we will then agree on a price at which to purchase your present home, which shall be a percentage of its agreed upon fair market value. Your costs will then be only those that you would normally have to pay when selling- a 6% brokerage fee, 3% closing costs and any repairs you would normally need to make. Then while we are completing your new home and securing financing, we will list and begin marketing your existing home, just as if you were selling it yourself. At closing, you will receive the full price we agreed upon less the cost of sale, mortgage balance and your share of the normal prorations.

You do not have to worry about whether or not the market is slow or prices are falling. In short you have made your sale and now it's our responsibility. Obviously, this program only works if it is beneficial to us both. Therefore, we reserve the right to determine if your existing home meets our criteria. To see if it may work for you, ask and get a copy of our sign-up agreement.