3. Bidders join the pool Why wouldnt you? 1.No Credit requirements 2.No Down Payment 3.0% FIXED Interest 4.You determine Payment Pay $69 for a chance to buy a house for half the price.
$69 non refundable bidders fee to join any pool Contingent on filling the bidders pool. How many in the pool? Sales price x 1.1 divided by 35 = limited number (max) for any house 4. When there are enough bidders we pay off initial seller Seller gets full asking price for their home!
5. Initial seller is out Transaction one is complete 1.Seller gets money at close 2.Pays off all encumbrances 3.RE Agents get commission 4.This all happened within one week after bidder pool is full.
6. The online auction begins Only those who paid their fee are in the pool (auction) Everyone in pool is notified of auction via email Bidding begins Bids are: no minimum based on monthly payment ($10 could win but not likely). Auction is over after 24 hours
EXAMPLE: Sales Price: $100,000 USD winning bid: $400 monthly (P & I) Interest rate: 0% FIXED Length of loan 360 months TOTAL SALES PRICE$144,000 *(P & I) Principle and Interest--------------- taxes and insurance will vary every time The house is in auction winners name at time of close of escrow and in this example with a $400 monthly payment @ 30 years the total sales price is $144,000
7. Highest bidder (Auction winner) is determined There is only one (1) winner per house Could it be You? There is absolutely no luck involved, YOU determine how much you will bid. You pick your monthly payment.
Finally A Level Playing Field One of the GREAT BENEFITS of buying a home with RE Champ is that: As long as you can bring your first months payment to close; you are equal in the auction with even the richest of the rich.
8. You go to the title/escrow company Bring Proof of ID (must be legal age) Bring 1 st months payment Sign some docs Sign 0% interest promissory note You automatically qualify….. No credit No down Payment No Interest (0% FIXED) your monthly payment was determined by your auction bid
Congratulations! It is YOURSmove in when you want
ITS THAT EASY! You automatically qualify….. - No credit - No down Payment - No Interest (0% FIXED) -Your monthly payment was determined by your auction bid MAKE YOUR PAYMENTS AND ENJOY INTEREST FREE LIVING.
There is a New Way a Better Way! The RECHAMP WAY Join the club NOW! http://www.REChamp.comhttp://www.REChamp.com