After receiving a guaranteed buyout offer based upon the appraised value from a third party home sale company, if the transferee locates a buyer for the home during the home marketing period who is willing to pay more than the guaranteed offer price, the third party company will qualify the potential buyer to ascertain if the buyer can complete the transaction. If the net sale price agreed upon by the transferee and the buyer exceeds the guaranteed offer, and if the buyer is deemed ready, willing and able to complete the transaction, the third party company will purchase the home from the transferee at the price agreed to by the transferee and buyer. The third party company, as the new owner of the property, will then assume all the risks in the transaction and go forward as the owner to sell the home to the buyer.
May 202007

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