30 November 2008

100% Howard Hanna Money Back Guarantee Guidelines

If you didn't read yesterdays post - read it before you read this to understand the benefits of this program.

Obviously their are guidelines as in any program.

Seller's Application:
  1. Minimum price in program - $75,000; Maximum price in program - $600,000
  2. Listed with Howard Hanna with a present term of at least 180 days, at the full commission rate
  3. Free-standing, single-family dwelling; no co-ops, cluster homes, or condominiums
  4. Guarantee fee paid by buyer

Buyer's Application:

  1. If buyer wants the Money Back Guarantee, the buyer pays 1% of sale price.
  2. Buyer must sign Money Back Guarantee rider and Buyer application at time of presentation of offer
  3. Howard Hanna must list and sell the property
  4. Free-standing, single-family dwelling; no co-ops, cluster homes, or condominiums
  5. Minimum price - $75,000; Maximum price - $600,000
  6. Buyer must occupy home as residence

If Buyer Elects To Have Home Trade-In Company, Inc. Repurchase The Home:

  1. Buyer must inform Home Trade-In Company, Inc. in writing of election to have home repurchased
  2. Buyer must list the property with Howard Hanna
  3. Buyer must first purchase a substitute dwelling for not less than 75% of the repurchase price of the first home.
  4. Substitute dwelling must be purchased through Howard Hanna for the full selling side commission for sale of the substitute dwelling

Considering buying or selling your Northern Ohio Home? Give me a call. Lee Hisey, Realtor, Howard Hanna 440-315-6000 or LeeHisey@HowardHanna.com

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