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Home Connection will... |
- Locate Buyers to occupy homes.
- Implement the Flex-Fit Purchase Program to help buyers find and afford the home of their dreams.
- Provide time and tools to build the down payment through rents and improve credit scores.
- Provide financing consultations and planning
- Perform all property management duties.
- Maintenance and repair of all homes
- Bookkeeping services
- Provide valuable resources
The Buyers Cost...
- $35.00 Application Fee
- 1% of the home price down as a Move In Fee ($3,500 minimum)
- Predetermined monthly rents until closing
The Sellers Cost...
- Fees are included in the buyers monthly payment
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| FLEX-FIT PURCHASE PROGRAM |
| Purchase Price Schedule |
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Selling Price Today |
350,000 |
Buyers Premium Charge |
+35,000 |
Selling Price in 3 years |
385,000 |
Buyers Closing Credit (10%) |
-35,000 |
Lender Closing Funds 90% |
-350,000 |
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| Sellers Net Cash at Closing |
350,000 |
| Buyers Net Due at Closing |
-0- |
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| Owners Monthly Estimate |
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Monthly Rents |
1,800 |
Property Insurance |
-65 |
Loan Interest |
-1260 |
Real Estate Taxes |
-395 |
Flex-Fit Fees (1%) |
-292 |
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Income Tax Benifits |
+292 |
Total Monthy Income |
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