ERA Seller Security Plan
Guaranteed sale, guaranteed price.When you accept an offer from ERA Franchise Systems LLC, the Sellers Security® Plan assures you that ERA Franchise Systems LLC will buy your current house if it doesn't sell within 180 days from the application date. ERA Franchise Systems LLC 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 LLC covers any loss.Almost always, you will receive more than the price guaranteed by the agreement. If ERA Franchise Systems LLC 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 LLC sells it for less, you don't take the loss, ERA Franchise Systems LLC does.
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.
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 LLC.