Guaranteed Sale Program
Guaranteed sale, guaranteed price.
When you accept an offer from ERA Franchise Systems, Inc., the Sellers Security®
Plan assures you that ERA Franchise Systems, Inc. will buy your current house
if it doesn't sell within 180 days from the application date. ERA Franchise
Systems, Inc. guarantees the purchase price offer, so you'll know in advance
the minimum you can expect from the sale of your house. You'll also have plenty
of time to see if any other buyer is willing to pay more.
You get the profit,
ERA Franchise Systems, Inc. covers any loss.
Almost always, you will receive more than the price guaranteed
by the agreement. If ERA Franchise Systems, Inc. ends up purchasing
your house and then resells it for more than we have in it (including
holding and closing expenses), the net profits are returned to you. But
if ERA Franchise Systems Inc. sells it for less, you don't take the loss,
ERA Franchise Systems, Inc. does.
ERA Mortgage Equity Advance Option can
even help with your down payment.*
The ERA Mortgage Equity Advance Option allows qualified buyers
to borrow against equity. You may use up to $500,000 of your
available equity from the ERA® offer to purchase and close on
your new home financed through ERA Mortgage. So if the down payment on
your new home is contingent on the proceeds from your old one, the ERA
Mortgage Equity Advance Option has you covered. For more details, e-mail
us at Answers@ERAMortgage.com for
more information.
Increased Buying Power.
The ERA® offer eliminates the uncertainty of contingency offers
giving you the flexibility to move when you want. You are in
a better negotiating position than other buyers who may still
have to sell a home.
Sellers Security Plan qualification.
Your house must be a single-family primary residence. Houses
must have an average appraised value of at least $50,000 and
not more than $750,000. Mobile homes, co-ops, or multi-family
homes are not eligible for the plan. Properties that have an
abandoned storage tank on site are also not eligible.
Certain conditions apply. For complete details, see your participating ERA® Broker.
*Neither ERA Franchise Systems, Inc. nor its affiliated companies, including Cendant Corporation, provides any product or service in connection with the ERA Mortgage Equity Advance Option. All products and services provided by ERA Mortgage.
ERA Mortgage, 3000 Leadenhall Road, Mt. Laurel, NJ 08054. Arizona Residential Mortgage Licensee #BK 0903622; Licensed by the Department of Corporations under the California Residential Mortgage Lending Act; Georgia Residential Mortgage Licensee #6266; Illinois Residential Mortgage Licensee #5941, 310 South Michigan Ave., Suite 2130, Chicago, IL 60604, 312-793-1409; Massachusetts Licensed Lender #ML1945; Minnesota - This is not an offer to enter an interest rate lock-in agreement; Mississippi Registered Mortgage Company; Licensed by the New Hampshire banking department; Licensed by the N.J. Department of Banking and Insurance; Licensed Mortgage Banker - NYS Banking Department; Licensed First Mortgage Banker and Secondary Mortgage Lender by Pennsylvania Department of Banking; Rhode Island Licensed Lender. In Virginia and Massachusetts, mortgage services provided by ERA Mortgage Corporation. ERA Mortgage is an Equal Housing Lender.
ERA® is a registered trademark licensed to ERA Franchise Systems, Inc.