We just closed on another home we bought back to honor our “We’ll Buy Your Home Back” Guarantee.](http://www.nachi.org/buy.htm) If you want to buy it, let me know.
I paid (in full and in cash) what the client of the InterNACHI member paid for the home: $133,000.00. I have clear title for it as I did not take out a mortgage to buy it. To help the InterNACHI member’s client (who not being happy with this home, then found their dream home), I closed on the property quickly for them (in just 5 days after signing the sales agreement) so that they could get into a new home. I’m even allowing the client to stay in the home (rent free) so that they can take their time moving.
I also procured releases to protect the initial InterNACHI inspector who is a participating member in InterNACHI’s “We’ll Buy Your Home Back” Guarantee program.
The InterNACHI inspector is thrilled. The client is thrilled.
The property is in Wichita, Kansas.
There is very little wrong with it and a nice home.
Again, this is a lot of home for $133K. And if you know someone who wants it but has bad credit, I’ll owner finance it for them. And once they qualify for a bank mortgage, they can refinance it if they like.
Their payment is only going to be five hundred some dollars a month. Insane.
I chose a participating member in InterNACHI’s “We’ll Buy Your Home Back” Guarantee program to re-inspect the property. Bill Nash did an awesome inspection for me.
If you are thinking about buying this home from me and worried… stop worrying. Simply hire a participating member to inspect it the way the original buyer did, and the way I did. Here is a list of participating inspectors to choose from: http://www.nachi.org/guaranteed-inspectors.htm
InterNACHI’s “We’ll Buy Your Home Back” Guarantee takes the risk out of buying for the buyer, the hesitation out of buying for the real estate agent, and any disputes out for the inspector. Win-win-win.
Oh, and if none of you buy the home I’m going to list it with the agent who worked with the original buyer. That’s her reward for recommending the participating inspector.
If I had found a local participating inspector who was also a CMI, I probably would have.
I want to only use participating members for Buy Back inspections and I only want to re-list with agents who use participating members so that they get the commission.
You can’t go wrong John. Your mortgage payment is only going to be 500 some dollars a month. But in case you do go wrong… use a participating member to inspect it: http://www.nachi.org/guaranteed-inspectors.htm and I’ll buy it right back for full price.
It would make a profitable rental. I became friends with the InterNACHI member’s client and she said she is available to help you manage the place as she knows the home and is moving only 5 minutes away. I’m letting her live in the home for now so that she can move into her new home at a comfortable pace.