Wow Home Solutions,

LLC 717-332-7575

2150 White St Ste 8, York, PA 17404

WE BUY, SELL, RENOVATE,

 LEASE HOUSES

WHO WE ARE:

• Wow Home Solutions, LLC is a multi-service real estate company who has the ability to: BUY, REPAIR, MARKET, and SELL HOMES.  We have been in business for 2 years

• We work with Sellers who need to sell, but do not want to wait six months to market and sell, repair and renovate their home, pay real estate commissions, or wait for an approved buyer.

• We work with Buyers who we can move into properties quickly before they complete the tedious loan application and loan processing delays.  We work with all types of Buyers and situations.  Some need time to alleviate a shortage of down payment or may need time to solve credit issues.

• If we can’t buy your house quickly with cash, we can buy it for full price with Different Options to Purchase.

HOW WE CAN HELP YOU:

• We have the “know – how”.  We have been there, done that.

• We have the contacts and referrals

• Attorneys

• Title Research

• Lenders

• Repair Contractors

• Home Inspectors

• Insurance Companies

• Buyer Lists

• We have all of the legal paperwork already completed.  You can work closely with our attorney if you want when you sign the lease in Trust paperwork with your new Resident beneficiary.

FOLLOWING THE TRADITIONAL SELLING PROCESS

• It takes 6 months on average to sell and close on your house while you continue to pay the house loan, interest, taxes, and insurance.
• There is a current 10 month inventory on homes in York.  In other words, if not one more home went on the market, it would take 10 months to sell all the remaining homes on the market today.
• The average sale price is 90% of your listed price for a home ready to market and priced correctly.
• The average commission in Pennsylvania is 6% of the sale price.
• The seller normally pays closing costs which average 3% of the sale price.
• Other costs such as carrying costs, survey, maintenance, repairs and nuisance should also be considered.
• It is more and more difficult than ever for new buyers to get traditional financing.  Lenders have tightened their lending standards and made it difficult for people with less than perfect credit to get a mortgage.

5 Ways to Sell Houses Fast

1. Sell the Right House. It is going to be hard to sell your house if it’s too highly priced, too small, in a poor area, too far from the city, etc.

2. Have Multiple Exits.  You need to be willing to accept a variety of terms when selling.  

1. Be willing to wait for your equity.  Advertise that you’re willing to “owner finance, lease in Trust, seller carry back 2nd, finance down payment and closing costs, etc”.
2. Price it right.  You may still be able to get a 0% - 5% premium.
3. Be willing to sell on a lease in Trust, owner financing or seller financing.

3. Make Sure the House is Ready to Sell.  In most cases, the house sells itself.  Make sure the house is fixed up and clean.  Stage the house.  

4. Use Proven Marketing Systems. – Classified ads, large yard signs, directional signs, flyers, effective on-line presence, voice mail, advertise to a large buyer’s list, network with investors, etc.

5. Be a Creative and Flexible Seller.  You must be friendly, flexible and excited when meeting buyers.  You must be familiar with flexible financing options.  You must follow up with prospective buyers.  You need to stay on top of the loan process & current mortgage industry.

ADVANTAGES TO SELLING

YOUR HOME ON TERMS

1. It works.  We sell almost all our own homes on terms.
2. We make our profit from the Residents beneficiaries.  It doesn’t cost you anything.
3. We already have Resident beneficiaries looking for homes in your neighborhood!  We have more Residents beneficiaries than we do houses right now.
4. You can still advertise the home on your own.  If you sell it or lease before we do, you won’t owe us anything.
5. There is always a strong demand for homes that are selling on lease in Trust or owner financing.
6. You can sell your home for top dollar and you won’t have to pay any Realtor commissions.
7. You can make the Residents beneficiaries responsible for maintenance and repairs.  You won’t get any calls for fixing leaking toilets or sinks.
8. Resident beneficiaries usually make great tenants.  Since they put so much down on the home, they tend to take better care of it.  They tend to see themselves as future home owners of the property.
9. Residents beneficiaries will pay top rent, usually a 3% - 10% premium.
10. If the Resident beneficiaries does not purchase the home, the assignment of beneficial interest fee is fully refundable.
11. Resident beneficiaries will pay all the closing costs when they purchase the home.
12. Our mortgage broker prescreens all our Residents beneficiaries to make sure they can get a mortgage in 1-2 years with credit repair.

How can the sellers be protected in case buyer default on payments?

Let me just start by saying that we have enough funds in the TRUST to cover payments for the houses we already own and the ones we are ready to buy.

So tu give seller(s) piece of mind we do one of two things...

1. Sellers remain beneficiaries of the TRUST with us

2.We have the seller's Remedy and Recourse Addendum, where seller send a letter the TRUSTEE with copy of the default and a copy of the addendum,

 TRUSTEE will deed the property back to seller

and we will lose the asset and money invested on it

Recommendations 

Realtor  David Hyson

Country Home Real Estate, Inc.

1911 E Market St, York, PA 17402

(717) 755-1800

WHAT IS A LEASE IN TRUST?

A lease in trust is essentially a purchase contract with pre-negotiated terms combined with a rental agreement.  The buyer leases the property for a specified period of time and then has the Right 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 in trust, 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.

Typically a Resident beneficiary will pay an assignment of beneficial interest between 2% - 4% of the price of the home.  The money the  Residents beneficiaries puts down will be credited to them when they purchase, refinance or sell the home.  

WHAT IS OWNER FINANCING?

Selling your home with owner financing is very similar to a lease in Trust.  The only differences are that the buyer will usually put down more money (7% - 10%).  The mortgage will stay in your name, but the deed to the house will be out in escrow.  You will create a new note with them that typically charges 2% - 9% interest and has a 5-7 year balloon payment.  

WHAT IS SELLER FINANCING?

Selling your home with Seller financing is very similar to a owner financing. The only differences are that the buyer will usually put down more money (10% - 50%).  The mortgage will stay in your name (Assuming you have a mortgage and don’t own it free and clear), but the deed to the house will be transfer to the buyer.  You will create a new note and mortgage pledging the property as collateral with them that typically charges 2% - 9% interest and may or may not have  a 5-7 year balloon payment.  

WHAT WE WILL DO FOR YOU:

• We will market your house with a large yard sign, directional signs, flyers, personalized websites, on-line and print classifieds, free reports, networking with investors and Residents beneficiaries, etc.
• We will add your home to our website ( ), and send your listing out to over 3,000 potential Residents beneficiaries that have visited our website and joined our Buyer’s List.
• We will help you show the home if the house is vacant.  You will need to let us put a lock-box on your home.
• We help you pre-screen all the applicants (criminal & credit checks).  Our mortgage broker will evaluate the applicant’s credit and tell us how far they think the Residents beneficiaries is from getting a mortgage and what they need to do to repair their credit.
• When we find an approved Residents beneficiaries that you approve of, we have very pro-seller Lease in trust Agreements.  If you would like to use our attorney to sign the documents with, we can refer a good attorney to you.

WHAT YOU NEED TO DO:

• If you live in the home, you will need to coordinate showing the home to prospective applicants.  We will have them call you to schedule a time to view home.  Give interested parties the application & property information sheet.  Direct them to the website or have them call us if they have questions about financing.
• You will have the opportunity to review and approve every application.  You can call us anytime you have questions.
• If you sell or lease the house before we do, let us know and we will cancel our agreement.
• You will be responsible for collecting the rent and managing the property until the Resident beneficiaries buys the home.

Hellam, PA - Jeff & Tina S.

“At first I was skeptical of how to go about selling my house in a non-traditional manner. I had always thought that you really only sold a house by listing it with a realtor. But this can be an expensive and time consuming way to get your sold. Noel helped me realize that my goal was to make it easy to market our house in a way that appealed to many different buyers.

In talking to neighbors who had their houses for sale in the traditional way, we had as many interested buyers in one week as they had in a month. While other houses had been sitting on the market for 6+ months, we found a buyer in 2 weeks.  This is definitely the way to go.”

Manchester, PA

James & Lacey C.

“We can’t believe how much you’ve helped us, how easy it all was.  Thank you very much!”

Reading, PA

Daniel & Damaris S.

Noel and his team stopped our foreclosure and closed quickly, Thanks for explaining Seller financing to us.

York, PA

Mary & Larry L.

“Noel, We really appreciate what you are doing for us and for other people.  We wish there were more people like you out there."

Wrightsville, PA

Carla I.

“This is the best thing that has happened to me in a long time.  Things are really
looking up.”