Testimonials
Copyright © 2009 Home Buyers Rehab Ltd. All rights reserved.
I see myself as Average Hard Working American. When I closed
on my dream home summer 2009, I did not have much in
savings, the best credit and was were renting. Still I was able to
secure my dream home with only $569.81 total out of pocket
the way, we still closed in less than 45 days.
When you see my documents for my transaction the first page
you will first see the actual purchase contract showing the that I
bought this 2 unit foreclosure in Oak Park, IL for $207,000, and
that I put up $1,000 earnest money. That I entered into this
contract on June 19, 2009 and was to close on July 1, 2009.
The 2nd page you will show how I elected for the seller to
reimburse the property taxes, which are $10,000 per year, that
they were holding in escrow. This took care of my $10,000
down payment in the form of a credit at the closing table.
The 3rd page will show the request for the seller to pay 5% of
the purchase price toward my closing costs a total of $10,350.
This took care of all my closing costs including attorney fees and
home owners insurance which must be paid in advance for the
first year.
The 4th page is my actual credit report showing on 5/27/2009 a
little more than a week after I entered in the purchase contract
my score dropped to 555.
The 5th page will show on 6/18/2009 a few weeks later my score
increased to 653 a near 100 point gain thanks to our partner
Credit Builders International out of Chicago.
The last page you will see a copy of the settlement statement
from my closing where the bottom line shows Cash To Borrower
is $430.19. Which basically means I put $1,000 into the
transaction and received $430.19 back at the closing table
giving me a total investment of only $569.81. Attend one of
our Workshops or Webinars and learn HOW THIS CAN BE YOU!
Click here to see the actual documents that show how we did it!
Lastly we purchased the property for $200,000. Nicely
renovated for $80,000. It appraised for $480,000 that's
$200,000 in equity. Call 877-REHAB 69 to learn where to
see a copy of the appraisal on this website.
Click here to see before and after shots of our home
Warren Davis - President of HBR
Click here for more testimonials.
Success Story #1 Warren Davis