CertainSale Equity Assurance Program
Question: What's the hardest part of buying a new home?
Answer: Selling the old one!
When selling one home in order to purchase another, timing is crucial. If you find your dream house, while your current home is still on the market, you
could end up carrying two mortgages until your present home sells. To make selling your home easier than ever,
Bill Remorenko offers sellers the security of CertainSale.
What is CertainSale?
CertainSale is a unique program designed to give home sellers the flexibility and buying power to purchase a new home, even before their current home
has sold. We're so sure that your home will sell at list price, that we guarantee it!
If your Realtor doesn't get your home sold before you are ready
to close on your new home, you receive your pre-determined guaranteed equity amount and move on. CertainSale takes over financial responsibility of your
current home until it sells.
If we cannot recoup all expenses from the settlement with a buyer, you will not be responsible to pay difference. It will be absorbed
by CertainSale.
How much will I receive?
The amount you will receive for your home is based on the month in which CertainSale takes over the responsibility of selling your home, based on the
following scale.
| 1 Months | = 95% of the Expected Sale Price |
| 2 Months | = 96% of the Expected Sale Price |
| 3 Months | = 97% of the Expected Sale Price |
| 4 Months | = 98% of the Expected Sale Price |
| 5 Months | = 99% of the Expected Sale Price |
| 6 Months | = 100% of the Expected Sale Price |
The expected sale price is determined by evaluating the opinions of 3 professionals: your Real Estate agent, a pricing specialist who will complete
a thorough Market Analysis, and an independent appraiser (not associated with your realtor or CertainSale).
You will receive a complete copy of the Market Research Analysis and estimate upon their completion.
Associated costs
| $295.00 | Non-refundable application fee | Due at the time of application.
Application does not obligate you to enter the CertainSale program. Fee covers cost of eligibility determination and home appraisal. |
| $3,900.00* | Program fee | Fee is paid when seller receives the equity from their home. If the
home sells before CertainSale assumes responsibility, the program fee will be deducted at property settlement. |
| $150.00 | Miscellaneous fee | When CertainSale assumes financial responsibilty for the property,
a lien search must be performed on the property by a local title agency. If the property sells before CertainSale assumes responsibilty this fee will NOT be charged |
* If relocating outside of the local area, the program fee will be accessed at $4,700.00.
Find out if your home is eligible for the CertainSale program.
CertainSale is not a mortgage lender, mortgage broker, insurance company or real estate brokerage company. CertainSale
is a third party company that provides sellers access to the equity in their home, backs it up with a guarantee, and cares for the property until settlement.
