InterNACHI buys back another home and is selling it at a discount

As part of InterNACHI's "We'll Buy Your Home" Guarantee, InterNACHI® purchased 117 Jones Court, Midland, Michigan 48642  If you are an InterNACHI member who is interested in owning this property, we'll give you $10,000.00 in cash to help you buy it.  Email Nick at nick@internachi.org  

We paid $111K for it and are selling it for $111K less the $10K cash bonus to any InterNACHI member who wants it.  The median sales price in the neighborhood is more than $30,000 above what we are selling this home for ($40K above if you count the $10K cash).  It's in a very nice neighborhood on a cul-de-sac.  The math makes sense to buy this home as a rental.
We performed a home inspection, radon test, and WDO inspection.  Here are the reports:
Here is the listing on Zillow.
We are making some repairs and improvements.  As we do, we will post those receipts here. 

We would provide seller financing for an InterNACHI member with a reasonable down payment, but prefer to sell it outright.
We used the same agent that recommended our inspector to buy the home back.  She then sold the consumer another new home.  We then used that agent again to list it.  
An interesting fact: Exactly one half of all homes that we have bought back were eventually sold to fellow InterNACHI members of family members of InterNACHI members.  
We've done a lot of due diligence on this property (as we always do), and it is a nice home.  But if you are worried about buying it, simply have a fellow InterNACHI member who participates in the "We'll Buy Your Home Back" Guarantee program inspect it, and if you don't like it up to 90 days after closing, InterNACHI will buy it back again... from you.


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