Guaranteed sale, guaranteed price.
When you accept an offer from Franchise Systems, Inc., the Sellers Security® Plan assures you that Franchise Systems, Inc. will buy your current house if it doesn't sell within 180 days from the application date. Franchise Systems, Inc. guarantees the purchase price offer, so you'll know in advance the minimum you can expect from the sale of your house. You'll also have plenty of time to see if any other buyer is willing to pay more.
You get the profit, Franchise Systems, Inc. covers any loss.
Almost always, you will receive more than the price guaranteed by the agreement. If Franchise Systems, Inc. ends up purchasing your house and then resells it for more than we have in it (including holding and closing expenses), the net profits are returned to you. But if Franchise Systems Inc. sells it for less, you don't take the loss, Franchise Systems, Inc. does.
Mortgage Equity Advance Option can even help with your down payment.*
The Mortgage Equity Advance Option allows qualified buyers to borrow against equity. You may use up to $500,000 of your available equity from the ® offer to purchase and close on your new home financed through Mortgage. So if the down payment on your new home is contingent on the proceeds from your old one, the Mortgage Equity Advance Option has you covered. For more details, e-mail us at Equity.Option@ .com for more information.
Increased Buying Power.
The ® offer eliminates the uncertainty of contingency offers giving you the flexibility to move when you want. You are in a better negotiating position than other buyers who may still have to sell a home.
Sellers Security Plan qualification.
Your house must be a single-family primary residence. Houses must have an av ge appraised value of at least $50,000 and not more than $750,000. Mobile homes, co-ops, or multi-family homes are not eligible for the plan. Properties that have an abandoned storage tank on site are also not eligible.
