An Example. STEP #1 Sign up for FREE at Rechamp.com.

Slides:



Advertisements
Similar presentations
STLRent2Buy.com Find your dream home And make it Yours!
Advertisements

Buyers & Sellers Realty City State Members of Local and National Association of Realtors Each office independently owned and operated Americas Leading.
1. We go under contract to buy your home. We list the property and promote it.
How it Works 1st Join the CLUB. By signing up for $19.99 monthlyyou are in! And….. That allows you to be in position to buy on the website.
Buying A House. Advantages of Home Ownership Feelings of Permanence and Security Incentive to Save Tax Advantages/Improved Credit Rating Investment Potential.
Credit Cards 101. Shopping for A Credit Card Comparison shop credit cards Dont take the first offer that comes to you: –Pre-approval Means nothing No.
Bank on Traffic Your Internet Business Partner One of the Most Important Asset You Need to Promote and Build Your Own Online Business is Quality Web Traffic.
HOME BUYING/SELLING Hill AFB Housing Office
David M. Harrison, Ph.D. Real Estate Finance Texas Tech University Creative Financing Structures Common Forms of Creative Financing Assumable Loans Advantages:
Objective Interpret sales contracts and warranties within the rights and law of consumers. LAW OF SALES.
Buying and Selling a Home
World of Credit By: Kunal Jolly. What is Credit? Credit mean that you have an opportunity to use someone elses money to meet your own requirements.
Private Money Partners 2013 Opportunities……. Disclaimer This is not an offer to purchase or sell securities. Any person, entity, or organization must.
Putting Your Money to Work through Private Lending
Ms. Wagemaker Coginchaug Regional High School Personal Finance Jeopardy Getting a Job Your Paycheck Your Budget Your Banking
Teacher instructions: 1.Print 2.Display slide 2 with Procedure steps 1 and 2 in the lesson. 3.Display slides 3 with Procedure steps 3 and 4. 4.Display.
HOW CREDIT CARDS WORK What you need to know about credit cards- including what credit cards companies can and can’t do, and what information they have.
REI ETUTOR No Money Down Investing. What is No Money Down Investing? REI eTutor Different Investors Have Different Meanings Meaning # 1  No cash out.
Shopping for an Automobile Loan What Do I Need to Know? Using Standard Calculators.
Carl Johnson Financial Literacy Jenks High School.
Driving Your Business in Reverse Presented by Glenn T. Thomas Reverse Mortgage Sales Manager Office: (916) Cell: (510) Fax: (916)
Objective 2.03 Analyze financial and legal aspects of home ownership.
HAWKES LEARNING SYSTEMS math courseware specialists Copyright © 2011 Hawkes Learning Systems. All rights reserved. Hawkes Learning Systems: Prealgebra.
The Housing Expenditure. Objectives Discuss the options available for rented and owned housing and whether renters or owners pay more for housing. Determine.
Lesson 8-2 Long-Term Debt Repayment -Discuss long-term debt options for the purchase of high-priced items -Explain the purpose of a debt repayment plan.
The HomeBuyer’s Advocate Working for Buyers and Protecting Their Investment.
Finding and Selecting a Home.  What Are the Steps for Buying a Home? 1.Determine if you should rent or buy 2.Determine how much you can afford to spend.
Coldwell Banker Brokerage is pleased to offer the Real Estate Advantage Program for your company and your employees. Real Estate Advantage is a real estate.
BUYING A HOUSE Are You Ready?. Advantages of home Ownership Sense of stability and permanence Allows individual expression Can have pets Financial Benefits.
Chapter 22 Buying a Home.
1 GENTS INVESTMENT GROUP “ An Incredible Opportunity ”
© Oklahoma State Department of Education. All rights reserved.1 Credit Cards: More Than Plastic Standard 8. 1 Credit Cards and Online Shopping.
Foreclosure Short Sale Late on your credit card payments Tired of chasing “not real” opportunities Sick of selling: pills, diets, etc. How about a REAL.
PHONE PRESENTATION: SHORT SALE 1 Phone Presentation: Short Sale. ONLINE REF C2.
Objective 2.03 Analyze financial and legal aspects of home ownership.
Rent vs. Buy The Finances of Housing and Real Estate.
YOUR COMPANY NAME WE CAN HELP YOU ON HOW YOU CAN SELL YOUR HOUSES FOR TOP DOLLAR WITHOUT PAYING ANY COMMISSION AS A LEASE PURCHASE.
Real Estate Marketing and Sales Essentials Steps for Success Dan Hamilton.
Chapter 22: Buying a Home.
Sell in 16 – 60 days or less!. 1. Drop the price, drop the price, drop the price and lose money 2. Wait, Wait, Wait 3. Short Sale 4. Rent = “4 letter”
Objective 2.03 Analyze financial and legal aspects of home ownership.
Chapter 9: The Housing Expenditure. Objectives Discuss the options available for rented and owned housing and whether renters or owners pay more for housing.
Using Real Estate Agents as Lead Generation Sources.
2235 W. North Ave Chicago, IL Your Guide To The Home-Buying Process.
© 2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
1 3. Proposal to Closing Understanding components of auction proposal and listing agreement Differentiating between types of auction Discussing tasks involved.
Selling Price Vs. Timing Timing is extremely important in the real estate market. A property attracts the most activity from the real estate community.
A Place to Buy: The Buying Process I can determine the advantages & disadvantages of buying a home. I can explain the steps in buying a house. I can analyze.
1. We go under contract to buy your home. We list the property and promote it.
The VIP Buyer Program Elite RE Team TOWNHOMES AND CONDOS RESIDENTIAL NEW CONSTRUCTION INVESTMENT PROPERTY.
Credit. What is Credit? When you borrow money to purchase something and promise to pay the money back later, you are using credit.
Chapter © 2010 South-Western, Cengage Learning Buying a Home Why Buy a Home? The Home-Buying Process 22.
Chapter © 2010 South-Western, Cengage Learning Buying a Home Why Buy a Home? The Home-Buying Process 22.
© South-Western Educational Publishing Buying a Home.
Chapter 9: The Housing Expenditure. Objectives Discuss the options available for rented and owned housing and whether renters or owners pay more for housing.
Chapter 18 Escrow Procedures. The last step in the loan process is CLOSING, when the loan proceeds are distributed and a deed to the property is transferred.
Want a Full Price Offer on your house?
Bid4Assets, Inc. Represented by: Jesse Loomis, CEO.
How Do Foreclosure Auctions Work
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
Home Buying Process Presented By:
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
AUCTION MARKETING PROPOSAL FOR: Property Name
Now Lets Find Your Home! Thank you for considering
Congratulations on taking the first step in purchasing a home.
Presentation transcript:

An Example

STEP #1

Sign up for FREE at Rechamp.com

By signing up for FREE That will make sure you Receive credit $20 for Everyone you get to join A bidders pool And….. That allows you to be in position to buy and/or sell on the website.

Say, you want to sell your house for $200,000 1.Contact your real estate agent 2.Make sure $200,000 will cover 100% of what you owe on the house (encumbrance)

Sign up to sell at

1.Pay your $197 2.Make sure your agent fills out a purchase agreement (local Realtor agreement…with the contingency clause to fill the bidders pool) 3.Buyer is: Champ Funding, Inc. 4.Sales Price: You and your agent determine ( Example $200,00.00) 5.Earnest : Zero 6.Financing: None - CASH 7.Contingencies (See all on site-Bidders pool full) 8.Close of Escrow: 15 days or less Send signed agreement to:

Have your agent send: Pictures Property Information etc. So RE Champ can produce your individual property web site

RE Champ creates a website for your property

After you receive your property web site back ( usually 3 business days) Promote your house! Remember, you want the pool to fill quickly

With the $200,000 EXAMPLE Champ Funding buys house for $200, cash contingent on filling bidders pool 100% FULL PRICE OFFER

With the $200,000 EXAMPLE To fill the pool: 6286 bidders are needed 200,000 x 1.1 /35

Seller gets there money from escrow Sales price$200,000 Less: seller agent comm (3%) $ 6,000 possible buyer agent(3%)$ 6,000 marketing fee (1%) $ 2,000 estimated pre-paids(3%) $ 6,000 Estimated closing fees(2%) $ 4,000 $176,000 to cover encumbrances and give Proceeds to the seller *Which is more than a normal net now

If the winning bidder has no agent you do not pay the 3% and save $6,000 The commission rate with you and your agent is determined by the two of you Escrow fees will vary state to state, and company to company Pre-paids (taxes & insurance) will vary on every house You Could Save EVEN more…

Now those 6286 bidders are involved in a 24 hour no minimum auction based on monthly payment. The auction price is set by the sellers agent based on a market analysis For our example lets say the amount is set at $150,000 RE Champ can sell a house for less than we buy it, because the bidders pay off the initial seller, and the agent sets the market value.

The bidding is NO MINIMUM and in $10 increments based on MONTHLY PAYMENT You could win a house for $10 a month but, not likely. Some one else will be $20 and so on……….

Lets sayyou have the winning bid and it is………… $500 monthly Congratulations! You automatically receive: 0% interest fixed loan No Credit requirements No Down Payment 100% lifetime guaranteed You just need to bring your ID and your first months payment to the closing

You would pay $500 monthly + taxes and insurance at 0% interest $200,000 / $500 = 400 months And every month you would be paying the principle down by $500. FULL PAYMENT GOES TO THE PRINCIPLE…NO INTEREST In years your house would be 100% paid off

Sales price$150,000$200,000 Monthly pay * $ 500 $ 1,074 Total paid $150,000$386,512 YOU SAVE $ 236,512 over life of loan You are buying at 39% (better than the big money trusts. RE Champ Traditional Monthly payment is P & I (principle & interest) Payment for traditional loan is based on a 30 yr fixed 5% loan. Weigh Your Options

What if you do not have the winning (highest) bid? You are out the $69 non-refundable bidders fee. But, you can join another pool for another House for another opportunity to save big on a new house…PLUS

You can make $20 for every person you get to sign up for a bidders pool and potentially a $5, bonus Find out more at…

There is a New Way a Better Way! The RECHAMP WAY