1. we go under contract to buy your home. we list the property and promote it
TRANSCRIPT
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1. We go under contract to buy your home. We list the property and promote it.
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2. We create a web site for the house
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3. Bidders join the pool
Why wouldn’t you?
1. No Credit requirements2. No Down Payment3. 0% FIXED Interest4. You determine Payment
Pay $69 for a chance to buy a house for half the price.
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$69 non refundablebidders fee to join any pool
Contingent on filling the bidders pool.
How many in the pool? Sales price x 1.1 divided by 35 =
limited number (max) for any house
4. When there are enough bidders we pay off initial seller
Seller gets full asking price for their home!
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5. Initial seller is out
Transaction one is complete
1. Seller gets money at close2. Pays off all encumbrances3. RE Agents get commission4. This all happened within one week
after bidder pool is full.
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6. The online auction begins
• Only those who paid their fee are in the pool (auction)• Everyone in pool is notified of auction via email• Bidding begins• Bids are: no minimum based on monthly payment ($10 could win but not likely).• Auction is over after 24 hours
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EXAMPLE:Sales Price: $100,000 USDwinning bid: $400 monthly (P & I)Interest rate: 0% FIXEDLength of loan 360 monthsTOTAL SALES PRICE$144,000
*(P & I) Principle and Interest--------------- taxes and insurance will vary every time
The house is in auction winners’ name at time of close of escrow and in this example with a $400 monthly payment @ 30 years the total sales price is $144,000
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7. Highest bidder (Auction winner) is determined
There is only one (1) winner per house
Could it be You?There is absolutely no luck involved,
YOU determine how much you will bid.You pick your monthly payment.
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Finally A Level Playing Field
One of the GREAT BENEFITS of buying a home with
RE Champ is that: As long as you can bring your first months’
payment to close; you are equal in the auction with even
the richest of the rich.
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8. You go to the title/escrow company
• Bring Proof of ID (must be legal age)
• Bring 1st months’ payment• Sign some docs• Sign 0% interest promissory note• You automatically qualify…..
• No credit• No down Payment• No Interest (0% FIXED)• your monthly payment was determined by your auction bid
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Congratulations!
It is YOURS—move in when you want
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IT’S THAT EASY!You automatically qualify…..
- No credit- No down Payment- No Interest (0% FIXED)-Your monthly payment was determined by your auction bid
MAKE YOUR PAYMENTS AND
ENJOY INTEREST FREE LIVING.
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There is a New Way a Better Way!The RECHAMP WAY
Join the club NOW! http://www.REChamp.com