Discover How We Can Sell Your Home Even If:
You have listed your home with an agent before
Your property is currently a rental
You have already moved or need to move soon
You have inherited an unwanted property
Looking to Sell?
If you’re considering selling your home or you’ve currently got your home for sale, we thought you should know that there is another viable option to a traditional listing. Depending on your situation, this other option could put a lot more money in your pocket. The fact is, it’s no easy task to sell your house. A lot of work goes into it: finding the right Realtor, staging, open houses, multiple showings, offers & counter-offers, and a lot of stress can happen too: nitpicky buyers, a long list of repairs (both before inspections and more after the inspections), an unstable real estate market, not to mention the time and cost that goes into the sale of a house.
The average listing commission today is 6%, and every buyer expects you’ll pay closing costs. Since you’re the one selling, if you want to consummate the sale, you will likely have to concede to paying a portion of the buyer’s closing costs. And that’s typically an additional 3%. So pair that with price reductions, selling fees, commissions, and paying the buyer’s closing costs, you’re losing out on quite a bit of money.
On top of that, thanks to the “mortgage meltdown” and subsequent government regulations, getting a mortgage can be tough. Statistically, 80% of Americans cannot walk to into a bank today and qualify for a loan, and most people can’t just put down 20% in cash for a down payment.
Even well-qualified buyers are turned down for financing all the time, and seemingly iron-clad offers fall through last minute, over-and-over due to funding issues more than any other reason. Seasoning requirements are often measured in years, not months. To sum it up, selling a house in today’s market can quite challenging.
At Armour Home Solutions, we’ve developed a proprietary sales plan, tailored for you that can sell your house fast and for more money. Typically we can give full retail value or close-to-full retail value but at a fraction of the cost (and time) of selling traditionally. This is made possible by selling your home through our Executive Lease Purchase Program!
If you can be flexible and can invest some time into your house, we may very well be able to maximize your return and move you forward towards your next chapter.
We are a Real Estate Investment Firm specializing in Executive Level Owner Financing and Lease Purchase Sales in Chicago, IL, and surrounding areas. What makes us unique is that we will structure the sale agreement to buy your house from Day One, with your terms, your conditions, and your needs fully realized.
Selling your home on a Lease Purchase or with Owner Financing means you’ll be getting monthly cash flow, all maintenance/repair & upkeep taken care of, and we typically are willing to pay fair market value for the home today. It’s a structured agreement to sell your house and in many cases, requires only a brief period before you are fully paid off.
So why is this better than the traditional sales route? If you list your home on the MLS and take an offer from a buyer, then add up all the costs involved in selling your house, you’re looking to lose 20-25%+ more than you would working with us – using a short-term payment scale.
Here’s HOW and WHY it works:
There are many benefits to selling on a structured Lease Purchase/Owner Financing agreement for both the buyer and the seller, creating a win-win proposition.
We will agree to buy your house from Day One with terms that will work for you. We already have a broad list of pre-qualified buyers looking to purchase their dream home, seeking to buy on through our Buyer Programs!
We find a qualified tenant-buyer who will ultimately qualify for a mortgage with a specified and agreed-upon period of time and cash you out. We are always marketing for new buyers, and no one works harder at cultivating quality relationships with quality buyers. Once we have an interested buyer, the process begins.
If everything makes sense at this point, we setup a formal in-person interview with them. If the buyer loves the home and the financial criteria match up, we present them to you for your approval. Then, we’ll construct terms and conditions for that buyer that are custom-made to their agreed specific time-frame for financing, which will also fit your needs and requirements.
Our Benchmark for Success is to have every buyer we work with become a homeowner. There are 3 Key Factors that separate our business model from others like us who offer similar services:
- First, the way we qualify our buyers is extensive. We do our due diligence when it comes to qualifying our buyers. We enlist the use of a third-party company who verifies job, income, credit, credit score and credit history, debt-to-income ratios, credit/mortgage readiness, as well as a criminal background check which includes Megan’s Law offenders. They provide us with the specific reasons the buyer cannot finance today and give us a time-frame and concise blueprint of when they will likely be able to finance. They also provide us with the specific steps that are needed to get credit-ready. Every buyer is vetted thoroughly, and you will have full approval rights on anyone we would like to work with.
- Second is our ability to structure favorable terms and conditions. From the information provided to us by the third-party company, we can custom-make the terms around the buyer’s ability and time-frame to finance, while at the same time meeting the seller’s needs and requirements. Conditions to be considered are the purchase price, monthly payment, and length of term. We will work with you beforehand to create terms that you find agreeable and marketable.
- The third is the way we implement and execute the final agreement. We do everything in our power to make sure we are setting up our buyer for success in ultimately obtaining a mortgage. We work with them closely throughout their term with us to ensure their success in getting to credit-ready. We have a law firm prepare a complete closing package, which covers all bases, as well as a veteran real estate broker who reviews and signs off on all paperwork before closing.
Our Unique Marketing Approach
Our marketing approach sets us apart from the ordinary. We attract quality buyers via targeted demographic marketing campaigns.
Our Marketing Partner creates a marketing platform for your home through creative writing, professional-grade photography, colorful advertising, social media outlets including Facebook & Linkedin target marketing, Youtube (Google), and many other places. We also send out an email blast to our buyer’s list (currently well over a thousand people in the area). Our end-buyers are pre-qualified through a very selective process!
The target market we specialize in includes buyers with significant buyers that are close to being mortgage ready that need – and can certainly afford – an Executive Level Home! (Please note, we will not entertain any buyer until they are fully vetted)
Our experienced team of investors take care of the whole process, from start to finish. Our lawyers will prepare all the paperwork and close the transaction at the Buyer’s cost.
If your home is listed with an agent, we can agree to a mutually inclusive arrangement, to get your property sold quickly, in some instances.
A more in-depth conversation is required to learn more about how our ‘Executive Lease Purchase Program’ can help you sell your home. Contact us today!