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Money Back Guarantee
Qualifying Rules and Regulations
Guarantee you will be satisfied with your home or Your Money Back
This guarantee is limited to the process of building, the quality of the home and other things under the control of the builder. It does not include issues outside of the builder’s control, such as, but not limited to, weather related or subcontractor delays, interest rates, loan approvals, changes of employment, personalities, neighbors, color selection, agreements not in writing, etc.
Step 1:
Meet with your Sales Associate to discuss your concerns. Please make an appointment so your on-site builder can be included if necessary. If your concerns cannot be resolved in this meeting, continue to Step 2.
Step 2:
Put your concerns in writing and deliver them to your Sales Associate or fax them to 918-366-4142. The Director of Sales & Marketing and Steve Harris, PMC President will review them.
Step 3:
After this review, you will be contacted by the Director of Sales & Marketing and if a reasonable solution is not accepted, a meeting will be scheduled which will include you, the Sales Associate, On-Site Builder, the Director of Sales & Marketing and Steve Harris. At this meeting all parties agree to diligently work toward a solution and completion of your new home.
Step 4:
If, at the end of this process you feel a resolution cannot be reached, your initial deposit will be refunded in full and you will be released from your obligation to purchase your PMC Home. However any refunds for options or extras already installed in your home will be at the discretion of the builder.
Guarantee to find you the best loan program
As part of the PMC Guarantee, we will strive to put together the best loan program
through our Builder Preferred lender group. We believe that our preferred lenders will
match and/or beat the competition or you can be paid up to $500.00 toward your closing
costs with our lender.
Step 1:
Complete and submit a loan application to one of our preferred lenders*. If you are not satisfied with your loan program you must provide a complete, system generated Good Faith Estimate listing a specific lender’s name that is dated the same day as the rate and terms quoted by the preferred lender If such GFE indicates a lower overall program including rates and closing costs for the same loan program that is offered by the preferred lender and they have verified the accuracy of the information then they will have the option of beating that lender’s total loan costs by $100 or paying you $500 when you close your loan with our preferred lender.
Step 2:
Builder has the option of asking another lender in the Preferred Lender Group to review the loan.
Guarantee to Buy your Existing Home if it is not sold by the time your new home is completed
To qualify for the “Buy-Out Program” you will agree to list your home with PMC preferred Realtor within 10 days of the executed contract with PMC.
If your existing home does not sell by the time your new home is finished it will be purchased by PMC Homes under the following terms and conditions.
Step 1:
At Seller’s expense, participate in the Five-Point Marketing Plan, which is a program designed to help maximize the marketability and sales potential of your home. These include:
- House must be in move-in condition.
- A general home inspection must be completed and required repairs made.
- Property must be pre-qualified for financing .
- The home must include a One Year Home Warranty plan
- Strategic pricing and marketing strategies must be implemented
Step 2:
Home must meet property qualifications as follows:
- Must be a single family primary residence located in Builder’s market area.
- Must have an average appraised value of at least $50,000.
- Must meet all requirements for FHA/VA loans
Step 3:
Seller’s Qualifications include the following:
- Have verifiable available funds and/or equity in home to close on new home.
- Agree to list home with PMC preferred Realtor during the building period.
- Agree to implement the Five-Point Marketing Plan
- Agree at Seller’s expense to have the home appraised by an Oklahoma Certified appraiser or agree to accept a broker’s opinion of the value of the home prior to buy-out agreement.
- Once a value has been established, a contract will be written between PMC Homes and Seller at a maximum of 85% of the agreed upon value. There will be NO commissions due or payable in this Buy-Out transaction.
- Closing of both homes will occur simultane
This Buy-Out program will be at the sole decision of PMC Homes, based on marketability, condition of home, and review of inspection reports.
-Steve Harris, PMC President
Program subject to change or cancellation without notice. Revised 8-23-07
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