How Our Home Buying Program Works
First Things First
Win Win Enterprises, LLC offers a home buying program that is designed for homeowners who are selling on their own as well as for those who are listed with a Realtor. Win Win Enterprises, LLC offers the home seller a FULL PRICE OFFER for their home or the the Full Pay-Off amount of the home (which ever one is hiest). In exchange for the offer we would have an arrangement where the existing financing would remain in place on the property. During the agreement period, Win Win Enterprises, LLC pays the mortgage payments, property taxes, homeowners insurance, HOA dues, as well as any maintenance or repairs to the home. We do this by placing the home in a title-holding Land Trust,
At the end of the agreement, we will either sell or refinance the property, paying off the existing loan(s) on the home and pay out the equity that was carried to the seller.
Immediate Benefits To The Home Seller:
- Immediate relief from the monthly mortgage obligations.
- Although the mortgage remains in the seller's name, the sellers buying power is not impeded or diminished in anyway. In other words, using our program will have no negative impact on the seller's debt-to-income ratio, allow the seller to buy a new home, cars ext.
- Seller is still able to claim both the property tax and mortgage interest write-off during the term of the agreement.
- Our Program does not violate the lenders due -on-sale clause that is in the seller's mortgage contract.
- Seller receives a full-price offer that is locked in at the time of the agreement.
- Seller keeps their existing equity avoiding further losses during a declining market.
- Seller avoids Realtor commissions and expected heavy seller concessions
- Sellers avoids foreclosure and ruined credit. Saving the seller tens of thousands if not hundreds of thousand of dollars on future home and other related loan purchases
"This has to work for the seller first. Then it has to work for us. If it doesn't work for the seller, then it doesn't work for us."
What Happens Next
Our company works with families and individuals who want to own their own homes. They are families who are financially stable and capable of being homeowners; however, in most cases, the home buyers have either bruised credit or no credit at all preventing them from obtaining traditional financing.
Through our home buying and home selling program Win Win Enterprises, LLC is able to place non-credit qualified families and individuals in homes. The Buyers come into the agreement with a sizable amount of money which is placed into an non-interest bearing account. This account insures that every payment is made 100% on-time, every time.
Over the course of the agreement Win Win Enterprises, LLC works with the buyers to improve and repair their credit. This is done so that by the end of the agreed upon time frame the buyers are then credit-qualified to obtain home financing. At this time the home is purchased outright and the seller is paid the equity that is due them.
Why Use Win Win Enterprises, LLC?
Because you can't afford not to!
Should you decided to sell your home in today's market, you need to plan on the home being on the market for a minimum 2 years, with offers ranging 20% to 25% below asking price.
Get "unstuck" and on the move with Win Win Enterprises, LLC!
