Want to trade up into a more expensive house, either a bigger
one or one in a better neighborhood? Let us search properties that haven't sold over the past
two years for those that meet your criteria. We'll then
contact the owners or agents to see if any would like to trade down into
Ev and Donna Smith have outgrown their $400,000 Berkeley
home. They'd like to move
to Walnut Creek, where they'd be closer to work and
Norm and Diana Wong have been struggling to keep up with
the payments on their $600,000 Walnut
Creek home ever since Diana lost her job last year.
But they can't move
until they sell their existing home. And no one's
They've had their home on the market for 14
months, but no one has made an offer.
We propose that the
Smiths and the Wongs trade properties, and that the Smith pay
the Wongs $200,000 to compensate them for the difference in
value between the two properties. Both parties would come
* The Smiths would be able to move to a more
convenient location and buy a bigger home.
* The Wongs would be able to trade down into a home they can afford, and retain their good credit. If Berkeley is too far
away from Norm's job, the Wongs could rent it out and use the
rental income to rent another place for themselves in Walnut Creek.
for our program, you must:
- want to trade up to a more expensive
- live somewhere in our 19-county service area.
- want to buy somewhere in our 19-county service area.
- have equity and/or cash equal to at least 15% of the
value of your home.
Our fee for finding you a
trading partner and providing both you and your trading
partner with full-service
broker representation is 2% of the full market value of your
property as determined by appraisal. If you wish to
trade into a home that's actively on the market, our fee is
just 1% of the full market value of your trading partner's
property, to be paid out of the buyer's agent's commission.
If the buyer's agent's commission exceeds 1%, we'll credit
the balance back to you at close of escrow. Our fees
are payable only if escrow closes successfully.
Why not try us?
Since you pay us
nothing unless a deal succeeds, you have little to lose.
While we can't promise we'll find you a trading partner, many
sellers in this market are overextended, and we believe that
many are eager to get into a
more affordable home.
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