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Benefits of
Using the ERA Franchise Systems, Inc., a subsidiary of Cendant Corporation has the financial resources to offer this Guaranteed Safe Program!
Guaranteed Sale & Closing Date ˇ You will still have 180 days to receive a higher price than the ERAŽ offer. ˇ If ERA Franchise Systems, Inc. later sells your house for a price higher than the ERAŽ offer amount, 100% of the net profit is returned to you!*
ERA Mortgage Equity Advance Option ** ˇ Ideal for Homebuyers who intend to purchase a new home before selling their existing home. ˇ Up to $500,000 of your equity is available for you to use as a down payment and the closing costs on your new home or for any other reason. ˇ The Equity Advance is paid back when your current home is sold or bought by ERA Franchise Systems, Inc. ˇ Convenience of one stop shopping for the Equity Advance and new home financing ˇ For details e-mail us at equity.option@era.com
Increased Buying Power ˇ The ERAŽ offer eliminates the uncertainty of contingency offers. ˇ You are in better negotiation position than other buyers who may shill have to sell a home. ˇ You have the flexibility to make a move when you want.
Increase The Number of Buyers For Your Home ˇ Whether or not you make application now for the plan, by listing with your ERAŽ Broker, prospective buyers can often take advantage of this program in order to sell their home to buy yours!
Commonly Asked Questions . . .
If your home qualifies for the plan, there will be one independent appraisal done by an appraiser selected by you from a list provided by ERA Franchise Systems, Inc. The ERA@ offer will be 90% of the appraised value.
ˇ Agree to implement the Five-Point Marketing Plan. ˇ List your house with an ERAŽ Broker for at least 180 days, not to exceed any prior list price. ˇ
Buy another house through a designated ERAŽ Broker.
Is my house still on the market even if I accept the ERAŽ offer? Yes. Thats the beautiful part of the plan. We give you maximum market exposure for you to sell your house at the best price.
If I do not close immediately with ERA Franchise Systems, Inc., where do I obtain the funds needed for my new purchase? You have an optional program available through ERA Mortgage**. If you qualify they can advance you up to $500,000 of your available equity to help you close on your next home.
Does this mean that I have to buy a new home listed with an ERAŽ Broker? No. You are only required to purchase your new home through a broker designated by ERA Franchise Systems, Inc.
Your cost for the participation in the SSP will include the same expenses due in any other home sale, including the sales commission and other closing costs customary in your market area. In addition there are certain other expenses including: ˇ An independent appraisal and home inspection. This is to determine if ERA Franchise Systems, Inc. can provide an offer to you ˇ You will be required to pay the cost of title commitment, survey, home warranty, wood boring insects certification, well and septic tests, and any other environmental inspections (if requested) prior to closing with ERA Franchise Systems, Inc.
Am I required to submit an application immediately upon listing my house with ERAŽ? No, one of the benefits listing with ERAŽ is this program remains an option for you to use at a later date. Also keep in mind that by listing with ERAŽ this program can be used by a prospective buyer who needs to sell their current home to buy yours! *After deducting holding expenses
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Bradley, a real estate agent for ERA Belsito & Associates, Inc.
The information posted on this website has been gathered from third party sources. Jennifer Bradley a realtor for ERA Belsito and Associates, Inc., Speedyhomes.com, and it's subscribers disclaim any and all representations and warranties as to the accuracy of this information. |