Homes
Your Custom Home

Family Centered Communities

See Our Craftsmanship

Guaranteed Equity Advance

Links

Contact Us

We would like to take this opportunity to introduce you to our very special program designed to assist you in your transition to your new home!

This program is designed to maximize the return on your investment from your house, while reducing the anxiety associated with purchasing your new home.

What are the benefits of the Guaranteed Equity Advance program?

  1. You receive maximum market value for your house.
  2. No stress worrying about whether your house will be "sold and settled" before your new home is ready for you to move into.
  3. We can arrange to provide you with "time to move" from your old house to your new home without doing everything in "one day".
  4. We can provide you with additional services to enhance the marketability of your house.
  5. We will consult with you on every agreement you receive on your existing house along with your Listing Agent.
  6. We provide you with the funds to settle on your new home in the event your house is not sold before your new home is ready.
  7. Our program is pre-approved by our lenders.
  8. We take over the liability of the payments on your current house after you settle on your new home-you never have to make two payments.
  9. After you have moved to your new home we will manage the sale of your existing house, if it is not under agreement, on your behalf.

How does the program work?

  1. We start with the full market value of your house, based on the average sale price of houses in your area.
    1. After we have determined the full market value of your home, we perform a "Net Equity" analysis in cooperation with your Listing Agent.
  2. One of our staff or an outside consultant will then review this information with you so that you are fully aware of your equity position.
    1. We then perform a physical inspection of your property and inform you of the results, as well as perform "drive by" inspection(s) of properties that have sold and/or are currently listed in your area.
  3. You then have the opportunity to discuss the data we have collected to determine the value of your house.
    1. If this program meets your needs, you'll sign the proposal we have prepared for you.
    2. If you do not accept the proposal and would like to reconsider your options for the Weaver Homes Guaranteed Equity Advance, which would require an additional meeting, Weaver Homes reserves the right to pass on the additional expense for any such additional meeting(s).

Why is Weaver Homes willing to do this?

Because we believe this is an excellent program which will provide both ourselves and our Customers with another way to reach our collective goals! Quite simply, it is a very sound business decision for both of us!

Why is our program different from other "Trade-In Programs"?

Most programs are run by companies who are in the business of "trading-in" properties for builders or simply buying for investment purposes and therefore must have a profit percentage built into every transaction. It is usually at least 15% below market value.

This is the business they operate!

Weaver Homes is in the business of selling new homes and therefore only assist in the sale of an existing property to ensure the completion of the sale of the home we are building for you!

We generally do not transfer the deed, which is another cost factor to an investor group who buys properties.

What does this program cost you?

We hire an outside consultant to work with you who will assist you and your Listing Agent in maximizing the return on your existing property, while at the same time protecting our interests in the event we become responsible for the final sale of your current house. We pay for these services as they are rendered and recover these expenses at the time you existing house goes to settlement.

We will deduct from your equity position on your existing house a 1 (one) percent fee or a minimum fee of $2,000, whichever is greater, based on the minimum Fair Market Value of your home.

In the event that the property is sold for a greater amount than the guaranteed minimum amount, then the builder shall be entitled to a 1 (one) percent additional fee of the final selling price for their participation. However the owner shall not receive less than their guaranteed minimum equity.

In the event you do not elect to participate in the Weaver Homes Guaranteed Equity Advance, after meeting with our consultant, we at Weaver Homes will cover the cost of the consultant.

 

Weaver Companies, Inc.  |  161 Spring Grove Road  |  East Earl, PA 17519  |  717.445.5165