Official Offer for …
42 W Scribner Ave
Du Bois Pa, 15801
Multiple Choices for You
Solutions to Fit Your Needs
Presented below you will find multiple options and offers on how we can buy your property
Remember, we can buy your property with any of the options detailed below with NO closing cost, NO commissions, and NO fees, and “As-Is” and on the date of your choice.
If one of our options don’t work for you, that’s okay. We strive to find a win-win deal for everyone involved. See the bottom of this page to adjust our numbers and let us know what does work for you.
30-Day Offer
This offer is good for 30 days after its creation
Date Created:
11/03/23
How It Works
Lease Option
We will be your Tenant/Buyer and your Property Manager. We will handle all the landlord duties and will be responsible to pay rent every month (even if the house is vacant), along with handle all regular maintenance and repairs. Then we will sub-lease the property (or take over the current tenants). We will stay in the middle of the entire deal and be fully responsible for the property and managing our Tenants. During the term we will reposition the property financially and the end of the term (or before) we will purchase the property from you. We also pay all closing cost and fees! You don’t have to worry about anything. Just sit back and collect your money!
Purchase Price:
$309100
Monthly Rent: $1050
Option Consideration: $1050
Term: 4 Years
Total Income After 4 Years:
$359500
Benefits of a Lease Option
Why a Lease Option might be the best choice for you!
Guaranteed Rent
Because WE are your Tenant/Buyer we pay every month, guaranteed. Even if a unit is vacant.
No Landlord Duties
Being a landlord is a headache unless you're equipped for it. We are and we handle all of those duties
No Repairs or Maintenance
We are the landlords during this term. So we handle all the repairs on the property. No 3am phone calls about a leaky toilet or lightbulb being out.
Sell As-Is
We take the house in as-is condition so you don't have to worry about repairs or cleaning it.
Top Dollar for Your Property!
You receive the monthly rent payments PLUS the sale price when our we purchase the property!
$$$
Higher Purchase Price
By giving us time to reposition the property over the course of the term we can agree to pay you a higher purchase price
Retain ALL Tax Benefits
You get to claim all associated tax deductions during the term.
Reduction in Capital Gains Tax
The addition time of the term allows possible decrease in tax liability by turning short term capital gains into long term capital gains.
Is This Solution For You?
Great! Click the button below to notify us and we'll be in contact with you to go over the paperwork and the details.
Do you like this solution but want to make a change or two?
Click here!
Purchase Price:
$214882.252
Existing Debt Assumed: $134.252
*Or the amount at the time we close
Assumed Monthly Payments: $2300
*Or your current monthly payments/expenses on the property
Note in 2nd Position for Your Equity:
$214748
*This information was taken from public records. IF our numbers aren't correct don't worry. Just let us know and we can correct and confirm them
How It Works
Wrap Around Mortgage
We will take over your property "as-is", with your current debt/mortgage on the property so you are free and can move on with your life. The deed will go into our name and we’ll write a Wrap Around Mortgage making us responsible for all the current existing debt on the property. We’ll take over and continue to make all the monthly payments and expenses and will be FULLY responsible for ALL maintenance and repairs on the property until we sell it. We’ll write a note in the second position for your equity, payable to you, paid when we sell the house at the end of the term OR we can pay you your equity when we take over the property.
Benefits of a Wrap Around Mortgage
Why a Wrap Around Mortgage might be the best choice for you!
Immediate Debt Relief
Your monthly payments are no longer your problem. From the day we close we take over those payments so you don't have to worry about them.
Sell As-Is
We take the house in as-is condition so you don't have to worry about repairs or cleaning it.
No Maintenance or Repairs
We are fully responsible for all repairs and maintenance on the property. Not you.
Save Your Credit & Avoid Foreclosure
Behind on your payments? Have a back balance in forbearance? Property going to foreclosure? We can stop all of that and make your payments current. Saving your credit and avoiding a foreclosure.
Secured by a Mortgage
Our Wrap Around Mortgage is an actual mortgage. One that includes your existing mortgage, and one that is filed at the county courthouse. This protects you and our agreement and ensure your payed what you are owed. Just like a bank.
Guaranteed Payment & No Eviction Process
We guarantee our monthly payments each and every month and on time. IF we are unable to perform (which has never happened in our years of business), we agree (in writing) to forego all eviction proceedings and to deed the house back to you. You get to keep all the monthly payments plus get the house back in better condition than you sold it.
Is This Solution For You?
Great! Click the button below to notify us and we'll be in contact with you to go over the paperwork and the details.
Do you like this solution but want to make a change or two?
Click here!
Purchase Price:
$197000
We can close in 7-30 days
We pay all closing cost and fees.
Saving you around $29550 in closing cost and realtor commissions
How It Works
Cash Offer
This is our least preferred offer, and quite frankly we do not want to pay you this little for the house. Simply because we can't get you as much money as you deserve for your property. We are constrained to how we have to buy the house and the cost of doing that. However we also understand that for some people they don't have the time and need all of their cash now. If that works for you we are happy to do that for you. With our cash offer we can close in as little as 7-30 days depending on title search and inspection lead times. As with all of our other solutions, you pay no fees and no commission, saving you thousands!
Cash Offer too low and would like more?
Benefits of our Cash Offer
Why our Cash Offer might be the best choice for you!
Sell As-Is
We take the house in as-is condition so you don't have to worry about repairs or cleaning it.
Sell Quickly
We can close in as little as 7-30 days.
No Realtor Fees
We are not realtors. We don't charge any type of commission nor do you have to pay and buyers realtors fees. Saving you Thousands!
No Closing Cost
With a traditional sale as the seller you pay a portion (if not all) of the closing cost. When selling to us we cover ALL closing cost. Saving you even more money!
Is This Solution For You?
Great! Click the button below to notify us and we'll be in contact with you to go over the paperwork and the details.
Do you like this solution but want to make a change or two?
What If One Of Our Options Don’t Work For You?
That’s not a problem! We can mix and match aspects from all of the above, OR even come up with a one of a kind solution just for you. Just reach out to us and tell us what you need to achieve from the sale of your house and we can craft a one of a kind solution just for you. If you like one of our options but want to change a few things, use the Solution Modifier below and tell us what works for you!
Phillip Salone
Sales Manager
In the real estate industry for 15+ years now, Phil has helped countless home owners navigate and solve their most complex real estate problems. He's helped create solutions that have saved his clients save thousands and made selling their home simple and easy.
He enjoys most helping people become first time home owners and making the American dream a reality for them.
Make it work for you
Need to Make a Change?
We strive our best to present the best solutions we can possibly offer with our initial offer. However sometimes your needs are a little different. Thats okay!
Use this form to tell us what you specifically need/want from he sale of your home and we can let you know if that is possible for us.
We are looking forward to helping you!
Multiple ways we can help with multiple benefits!
Not only do we offer multiple ways we can help, but there are multiple benefits to selling you property to us. From saving you thousands on realtor fees and closing cost, to selling as-is, to closing on the date of your choice. We offer a truly unique and beneficial ways to sell your home with out all of the hassle of a traditional real estate. Below you will find some information about how one of our solutions can help you.
If you have additional questions about the solutions presented on this page feel free to reach out to us!
Contact UsDo the Math
By selling to us we can save you thousands in realtor fees and closing cost. Click here to see how!
Deal Schedule
Curious how the rest of the process will go if you’re interested in one of our solutions? Click here to see the steps.
FAQ
Have some additional questions about the whole process? Not a problem! We have heard them all. Click here to see them.
+182
Favorable Deals Made & Counting!
+15
+ Years of Experience
+8+
Million Dollars Saved for Our Clients
Do the math
Selling your home can be a costly endeavor with many hidden fees and unknown cost. With our unique Solutions there are never any closing cost, hidden fees, or unknown expenses. We can save you thousands!
60 Days +
Is the current national average it takes to close on a property. That's 60 days of taxes, insurance, utilities, and payments you have to continue paying for. This does not account for the time it takes to find your buyer.
6%
Is the standard percentage a realtor will charge in commission. Even if you're selling FSBO and don't have a realtor you're buyer will. Those realtor will want at least 3% to even bring your property to their clients attention. This is often what they will also tell you it will cost to sell your home. This is a lie.
12%
Is the actual cost to sell for a home owner using the traditional realtor system. After you add on closing cost, buyers discounts after inspections, repairs and holding cost you're out more than you'd think
The Old Way
Selling With Realtors
+ $250k Sales Price (185K pre-rehab)
- $30k in Closing Cost (12%+)
- $25k in Repairs & Holding Cost
- $8k in Capital Gains Tax
= $187k in profit in 6-12 months
Hassle of waiting on inspections, mortgage approval, buyer backing out and managing repairs ... for LESS money
Our Way
Selling With Us
+ $225k Purchase Price ($185k Market)
✓ No Closing Fees
✓ 5 years of $1000/mo payments
✓ Spread out capital gains (~2.5%)
✓ Ballon payment at year 5
= $285k in profit in 5 years
No hassle, no repairs, no tenant drama, and close on the date of your choice ... More Profit!
What We Stand By
Honesty
We believe in transparent and fair deals. For us, what matters most is the trust of homeowners.
Professionalism
Work with you in a truly professional manner as we value our customers the most.
Service
Work with you in a truly professional manner as we value our customers the most.
Communication
We offer clear and concise communication so that our homeowners understand all the terms involved in the deal.
Execution
We believe in executing all our commitments effectively on all levels. We always execute our process keeping client-centric approach.
Relationships
We try our best to build a healthy homebuyer-and-homeowner relationship by providing a win-win deal for both of us.
This is how many of our transactions go
Deal Schedule
Step #1 - Discovery Stage
We'll talk over the phone and see what your needs, goals, and situation is with your property. Once we have a good idea of what is going on with you and the property, we can help you better.
Step #2 - You Receive 3 or More Solutions
Most Sellers believe they only have two choices when selling a property. Here, we'll present you with all the possibly solutions on how we can help. Explaining how it all works it in plan simple English.
Step #3 - We Review and Go Over All Offers
Once you have had a chance to review our offers we'll discuss the different solutions we can make work for you. We'll review them in detail, how they'll work, and adjust any numbers you might need or want to see. Our goal is to put a deal together that is a win-win for everyone.
Step #4 - We Put It All In Writing
Now that we have a verbal agreement and it's all been explained, we need to put it all in writing for you to review. We'll draft up the contracts and documents and go over each page, sections and sentence with you so you have a clear understanding of everything.
Step #5 - We Go To Closing
All of our transactions are done with a lawyer and a closing company. Everything is above board and documented. We can meet in person at the closing company to sign the document, or in some cases we can do a digital closing over video chat. It all depends on what you prefer to do and what fits your schedule and needs.
Step #6 - You Get Paid!
After closing the property is transferred over to us and you are free and clear! We'll handle everything after that and you can sit back and collect your MONEY WORRY FREE!
Testimonials
What our clients have to say ..
Everyone has them
Common Questions of What We Do
Below you'll find a few answers to some of out most common questions.
A lease option is essentially a purchase contract combined with a rental agreement. The buyer leases the property for a specified period of time and then has the option of purchasing the property before the end of the lease agreement. Sales price, length of rental, closing costs, and maintenance are all negotiated much the same as a conventional real estate transaction. A lease option, if properly utilized, is both a seller and a buyer’s dream come true because it can eliminate many of the negatives normally attributed to the selling and buying of a home.
We present a monthly lease amount as well as a pre-determined sales price that is agreed to by all parties. A lease option/purchase is basically a monthly lease set up over a pre-determined period of time. At the end of that time, we purchase the home from you for whatever the pre-determined price is.
The basics are simple:
- You rent your property to 412 Real Estate Solutions, LLC
- You give 412 Real Estate Solutions, LLC the right to buy your property for a set price.
- 412 Real Estate Solutions, LLC places on of our Tenant/Buyer in your property.
- Our Tenant/Buyer receives the right to buy your property from you from us.
- Out Tenant/Buyer purchase the property once we've got them qualified to do so.
They can afford the monthly payment and will qualify within 1 or 2 years. Everyone of our prequalified Tenant/Buyers have been screened and qualified. They've talked to a mortgage broker and a credit specialist before we put them in the house. We work with them to get them qualified to take out a loan and pay off the house.
These buyers will also give you full market value for your house and full market rent during the lease period… sometimes a little bit more than that.
Think about it. If you knew you were going to be buying the house you are currently in would you ruin it? Or would you take extra good care of it?
Our Tenant/Buyers take care of the property better than a normal tenant would because it will be their property. AND we have a written agreement that makes them responsible for all repairs to the house. So if the furnace goes out, they have to fix it. If the toilet is leaky, they have to fix it. There is no late night calls in the middle of the night.
What if the Tenant-Buyers don't perform you ask? This is a worst case scenario and rarely has every happened. For starters, they are legally responsible for any damage they make. Second, we hold a substantial down payment on the property. So in the very rare case there is any damage done we have the funds (and crew) to make the necessary repairs. The reality tho is this scenario is very, very, rare, and if it happens the tenants leave on good terms. In this case we simply put in another qualified candidate until they purchase the property.
Not a dime! Simple as that. The price and payments we agree upon is the set price. There is NO hidden commission, NO closing cost, NO fees. NO nothing!
So how do we make our money you ask? We make our money from our future Tenant/Buyers. We manage the property, keeping it in good condition and being patient until our Tenant/Buyers purchase the property. Our money comes from the sale of the house to them. Never from you.
We make your monthly payments while our Tenant/Buyer is qualifying for a loan. All your expenses related to the house are taken care of. Will a Realtor do that? No.
We also can start making payments immediately. No making you wait months to receive any money.
We don't work for commissions. And, because our profits are made by selling for slightly higher than what we buy for, we have a vested interest in the house and in making sure it gets sold. You save thousands by not paying commission, closing cost and fees.
Another advantage is that our objective is to put only high quality Tenant/Buyers in the house since we make our profit by selling for higher than we buy. Since we guarantee all minor maintenance on the house, it is in our best interest to ensure that our Tenant/Buyers will take care of the home and eventually secure financing to cash you, the seller, and us out (by paying it off). This means that we put our Tenant/Buyers through an intensive pre-screening process before they are even permitted to look at the house.
As far as price goes ...It doesn't really matter to us how much you want for your house, but if we put it too much over market value, we won't be able to find a buyer. It all comes down to time.
But there is no reason we shouldn't be able to get you full market value or maybe a little more because the way we are selling it. Our Tenant/Buyers are very motivated and will pay for the opportunity to be in a position to purchase a house with our Rent-to-Own Program. Our goal is to find a solution that works best for you and your needs
That can depend on a number of different factors. We work with many mortgage brokers that are usually able to get most people financed after they have paid for 12 months on the lease option. Since everyone's credit history and circumstances vary, that time period can be shorter or longer for the tenant/buyer that we eventually put into the home. Because of this, we cannot guarantee the exact time our Tenant/Buyer will secure financing. However, until our Tenant/Buyer qualifies for financing, we continue to pay all the expenses related to the home. It is also in our best interest to get our Tenant/Buyer a new loan as soon as possible, since that cashes us out (gets us paid) as well. We aggressively work to get our them financed as soon as possible so everyone involved benefits.
These are always options available to you. The difference would be that you are responsible for your monthly payments, maintenance and repairs during the selling period. You need to try to find someone who can actually qualify for financing, wait for them to get approved, and hope that they don't pull out of the deal, making you start the whole process over again. Renting during this period opens entirely new difficulties that accidental landlords often overlook, especially when you are trying to show the home and sell while renters are living there.
If you have the expertise to screen potential tenant/buyers, check references, know what sort of credit scores will allow someone to be able to be financed, deal with maintaining your home while someone else lives in it, work with mortgage brokers to get them financed, and finally, process all the paperwork and set up a closing, then finding a tenant/buyer on your own would be a viable option for you. If you lack the expertise in any of these areas, we are able to help.
Our Tenant/Buyers are carefully pre-screened to ensure that they want to buy the house and are able to do so at some point in the future. However, circumstances can change in someone's life, such as an unexpected job transfer that can make it necessary to move. In situations like that, we continue to pay all the expenses for the house while we find another qualified Tenant/Buyer to put into the home. Remember, we make our money when your house sells.
You won’t because your tenant will be us, 412 Real Estate Solutions. We’ll agree on a lease term—2 years, 5 years, whatever you want. And that’s the end of your vacancy problem. If our Tenant/Buyer moves out, then that’s our problem, not yours. We’ll keep paying like clockwork.
You’ll have 4 levels of protection. First, we will purchase a homeowner’s warranty at no cost to you and will keep it in force for the life of the lease. Second, the Tenant/Buyer will be required, by the terms of his or her lease, to perform all regular maintenance and repairs. Third, if any problem comes up that the Tenant/Buyer is unable or unwilling to perform, we will do it. And, fourth, you’ll maintain your homeowner’s policy to protect against incidents covered by insurance (which we pay for).
For the most part, as the homeowner you don’t have to do anything. We take care of all the paperwork as well as the placement of Tenant/Buyers and cover the monthly payments. And because you don’t have to worry about the day to day repairs, the only thing you need to decide is where you want your monthly checks sent. Not much of a different position than a bank is in when giving a mortgage actually. It is really quite simple.
It depends on what you're asking exactly? Are you asking how you'll know we are making your monthly payments? Thats simple. Odds are you already have online access to your mortgage, right? This will continue during our deal. You will have access online to see your statements and that it's being paid every month. We can also forward you documentation showing payment each month if you're worried. Transparency is number one.
If you're asking how can you trust us to pay your mortgage each month. Well that's simple also. We've been in the business of buying houses this way for 15+ years. We keep large amounts of cash reserves on hand to ensure that no mater the issue or situation that arises we can make your payments. Plus it wouldn't be beneficial to us after spending the time and money on all the repairs and renovations we make to the house to simply throw it away.
We've been in the business of buying houses this way for 15+ years. We've done 100's of deals like yours. We keep large amounts of cash reserves on hand to ensure that no matter what happens we can make our monthly payment to you. That is our promise and guarantee. We are equally invested in the property as you are. Especially after making the repairs and renovations on the property.
We can set it up however you like. Some of our sellers prefer automatic electronic payments each month directly to their bank account. Other sellers prefer to go old school and have a check mailed to them. Others prefer us to set up an escrow account where we mail the rent to the escrow account and that account pays the mortgage. (You can call the escrow account anytime and request a statement of activity so you can see when the rent was paid and when the mortgage was paid.) What we normally do is set it up to automatically pay your lender each month and send you the difference. That way you won’t have to worry about a thing. We do all the work and you sit back and collect money!
This an absolute worst case scenario and also very unlikely. To be honest it has also never happened. We wouldn't be in business today and for last 15+ years if it did.
However, as a smart investor, you should know the risk. If this were to ever happen, the worst thing is that you'd get your house back and keep any all down payments payments, monthly payments and appreciation. This is because you are the first position lien holder on the property. Any and all money you have received is yours. Any repairs and renovations we've made are yours. You not only get your money, but you get the asset back to go and sell, already ahead of where you started.
"But doesn't that mean I have to do a long and costly foreclosure?" Nope.. you don't want to do a foreclosure just as much as we wouldn't want to do one. Why is that? The good news for you and bad news for us.. is we have a lot of assets (other properties). Why would we put those at risk to hold your house hostage? The people who benefit from stalling foreclosures are home owners with nothing to lose - not investors.
There's no way that we can guarantee you that a tenant won't damage your house since you or we won't be living with them. But under the agreement that we will have with you, as the seller, if that happens, we will repair it at our expense. Our objective is not to find a tenant ... my objective is to find a buyer who will eventually own your house. We screen them thoroughly before entering into an agreement with them. Damages are rarely a problem. In fact, in most instances we have found that our Tenant/Buyers many times have improved a house with new flooring or some other upgrades, such as a new kitchen, or fencing. Again, if it does happen, we'll fix it, and we put that in writing so you are safe.
Our attorney handles all of the necessary documents to make the transaction happen. And the best part is that you don’t need your PhD to be able to read them. Of course, you are always welcome to have these items reviewed by your real estate agent or lawyer at any time during the course of the transaction. We want you to be 100% comfortable with everything before moving forward.
Not a problem! Some people have very specific goals from the sale of their home. If any of the solutions we present don't work for you, or the numbers for each one aren't quite what you want, tell us! We're more than happy to work with you to make this a win-win for everyone. Worst case scenario is we can't come to an agreement and we part as friends. Plus if we can't help you, we can point you in the direction of someone who can.
If you have any other questions or concerns, please feel free to contact us. If you like the ideas/offers proposed but the numbers don’t work for you, let us know. We are always willing to work to find a win-win situation. We have done hundreds of these transactions with others before you, so we are confident we can help you with a stress-free agreement and closing.
If you still have questions we'd be happy to talk in person. If we end up working together we'll go over every aspect of the process in plain simple English. We want make sure you understand the offer, documents and agreement inside and out. We can answer any questions you might have. Our goal is to be clear, direct, and honest with you from start to finish.