Benefits for Home Sellers with Win Win’s Purchasing Program

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Phone: 734-467-7152
Fax: 734-326-2084
don@winwinfamilyhomes.com

How Our Purchasing Program Works

Sell Your Home for a Full Price Offer!

Program Overview

How It Works

Benefits for the Home Seller

What Happens Next

Program Overview for Home Sellers

In today's current housing market, many home sellers are finding themselves facing difficult choices, many of which have unfortunate outcomes when trying to sell your home:

Financial Loss: Sell your home for less than what you owe, resulting in financial losses

Bankruptcy: File for Bankruptcy, destryoing your credit and any hopes of a new home purchase in the next 7-10 years

Foreclosure: Let the home go into Foreclosure, severly impacting your credit and any future home purchase

Short Sale: Negotiate a Short Sale (sell your home for less than what you owe, with lender approval), hurting your credit

Wait it Out: Stay where you are and wait it out, and don't try to sell your home

The Win Win Program for Home Sellers can help you get out from under your mortgage!

We can help home sellers get unstuck and on the move!

We are here to tell you that there is another option for home sellers!

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 home sellers a FULL PRICE OFFER for their home or the the Full Pay-Off amount of the home (which ever one is highest). 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, helping you sell your home.

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 home seller.

How It Works

Whenever it’s possible, Win Win Family Homes makes a FULL PRICE OFFER when you sell your home; or, if you should be in the unfortunate position of owing more on your home than it’s worth, we offer the FULL PAY-OFF amount on the loan. How can we do this?

Win Win Family Homes works with a real estate transaction known as a land trust. This Three Party Title Holding Land Trust is both safe and a legally sound way to sell your home. It effectively becomes a “bride program” that matches home sellers with an interested buyer.

Here’s how it works to sell your home: In exchange for a full price offer, the home seller agrees to leave the existing financing in place for an agreed upon period of time, typically three to seven years. When a buyer is ready to take possession of the home, the property goes through a closing, where it is recorded in the county and becomes legally protected in the trust. At that point, Win Win Family Homes is responsible for mortgage payments, property taxes, insurance, HOA dues (if applicable) as well as any maintenance or repairs to the home. At the end of the trust agreement, Win Win Family Homes will either sell or refinance the property, paying off any existing loan(s) on the home and pay out any equity that was carried by the home seller.

Benefits for Home Sellers

Our program can be of benefit to Home Sellers in multiple ways to sell a home:

Home sellers receive a full-price offer that is locked in at the time of the agreement to sell the home.
The home is sold and the home seller is no longer responsible for the monthly mortgage payments and upkeep responsibilities of the home.
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, Three Party Land Trust Program, will have no negative impact on the seller's debt-to-income ratio, allowing the home seller to buy new homes, cars ext.
Home sellers are still able to claim both the property tax and mortgage interest write-off of the home while it is in the Land Trust.
Our Program does not violate the lenders due -on-sale clause that is in the seller's mortgage contract.
Home sellers keep their existing equity avoiding further losses during a declining market.
Home sellers avoid Realtor commissions and expected heavy seller concessions when trying to sell the home
Home sellers avoid foreclosure and ruined credit, keeping the ability to purchase a new home in the future.

What Happens Next to Sell Your Home?

Win Win Family Homes works with families and individuals who are in the market to own their own home. We only work with those who are financially stable and capable of being homeowners; however, is in most cases, the home buyers have either bruised credit or no credit at all preventing them from obtaining traditional financing.

Through our Three Party Land Trust Program, Win Win Family Homes is able to place non-credit qualified families and individuals into our homes. The Buyers come into the agreement with a sizable amount of money which is placed into a 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 Family Homes works with the buyers to improve and repair their credit. Once this is accomplished, the buyers are then credit-qualified to obtain home financing in their name.