Our buyback price is predetermined and not negotiable no matter of the housing market.
If it comes to buying back the home and it's appraised at a lower value, our clients have a few options:
- Submit the appraisal report to Requity Homes and seek a second appraisal opinion.
- Postpone the buyback process to allow the home to appreciate in value or cover the difference yourself.
- Walk away from the home and cash out your cumulative down payment savings minus the transaction fee which is 5% of the initial home price.