Move-Up America Reaches Significant Milestone with Home Buyers Receiving Over $10 Million in Rebates

Move-Up America's Move-Up Program has saved 1,947 home buyers more than $10 million since 2000.

(PRWEB) April 7, 2004 -- Move-Up America LLC, the leading contingency management company for production home builders, announced today that its home sale contingency management program, Move-Up Program, has saved 1,947 home buyers more than $10 million since 2000.

Move-Up America was formed with the idea that people interested in purchasing a newly constructed home, but have a home to sell, need a significantly higher level of coordination to ensure their home is prepared for market, listed, sold, and closed prior to their new home being completed. The customers also need the financial advantages provided by Move-Up America to offset the high cost of selling and to ensure that they have the funds necessary to close on the new home. By partnering with industry-leading home builders such as Ryland Homes, Beazer Homes, Morrison Homes, and Wilshire Homes, Move-Up America increases the probability of selling the contingency home and provides on-time closing on the new home, while saving the buyer thousands of commission dollars.

"Morrison Homes congratulates Move-Up America for reaching the $10 million milestone," stated Mike Newman, vice president of sales and marketing for Morrison Homes Dallas / Ft. Worth Division, one of Move-Up Americas initial partners. "The success of the program truly illustrates that todays home buyer seeks both value and service. By leveraging this service, buyers are able to attain a new level of housing and save thousands of dollars in the process."

Last month Move-Up America delivered more than $275,000 in rebate checks to home buyers through the Move-Up Program. The largest rebate thus far has been $15,000 to a single home buyer in Charlotte.

"The Move-Up Program is growing in popularity because both the home builders and home buyers are seeing the benefits of working with us," stated John E. Horton, CEO of Move-Up America. "Writing a contract on a new home with an existing house to sell can be extremely stressful. Not only do we alleviate much of that stress, we give dollars back to the buyer at a time when they need it most -- when they move into their new home."

About Move-Up America

Move-Up America is the leader in contingency management for production home builders. Move-Up America utilizes a unique move-up program to manage the sale of the existing home while saving the home seller thousands of dollars in real estate commissions. Since 1994 over ninety percent of the Move-Up Program participants have successfully completed the path to new home ownership.