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Short Sell and Rent Back | Kris and Kimberly Darney

Announcing Short Sale, Rent Back and Buy!

 

Announcing a new program…Newly revised that is!

This “Short Sell and Rent Back” program allows home owners to not only Short Sell and Rent Back, these home owners can Buy it Back as early as 2 years after and up to 3 years after.

  • Rent is at current, fair market value.
  • You maintain the home to standards set forth in your agreement…keep the home marketable…i.e. “Clean and Green”!
  • The purchase price at the end of this term of 2 years is determined at Future Market Value or FMV.
There are some other restrictions that do apply…so give us a call and we’ll discuss.

We first introduced this program 1 year ago only to be met with many restrictions and legal hurdles that all but eliminated many candidates or home owners in distress.

Kim and I have been contacted by many home-owners that are interested in this program…however, bank restrictions were put in place, restricting the ability of the seller, selling the property and renting it back from the new buyer. This is known as “Arms Length Agreement” .

Well, under this new program We are introducing…this “Arm’s Length Agreement” is a non issue…

Here’s what you have to do:

  1. You must list your home for sale with us,  Kris and Kim (California Licensed Real Estate Agents) to participate. We also have affiliate Real Estate Agents licensed in almost every state in the US…so don’t hesitate to contact us…if this program is available in your state…SEE qualifying states.
  2. You should download our book, “Should I Short Sale My Home?”
  3. The current market value of the home must be between $80,000 -$729,000 (Contact Kris or Kim to help you establish current market value per MLS).
  4. You must be willing to discuss your financial matters with a HUD or trained financial representative.
  5. Must be able to by the home back in 2 to 3 years after the agreement.
  6. There are a few banks that don’t participate…call us and we’ll discuss.
If you have any questions, don’t hesitate to call us at 714-615-7605 for more specific info..if you get VM, then leave us a secure message and we’ll get back to you…
Best…
Kris

 

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