Advantages of Good Faith Deal

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What is Good Faith Deal?

Good Faith Deal is a service platform that we provide to facilitate transactions.

This service platform design is based upon the wisdom that honesty is the best policy in human interactions, that is, “good faith,” (Latin: bona fides)

The way this platform works is to show forth, promote, and protect good faith transactions.

In the following, we point out the advantages of this way.

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Advantages of GFD

  • Show out explicitly the Good Faith of the seller. You stand out in the many lists of properties that you declare preference to honesty in transaction.
  • Simplify the buyer’s choice for the seller. A wise buyer knows that a good property is more likely owned by a person in good faith and a fair transaction can be easily and pleasantly accomplished. 
  • Attract good faith buyer to the seller. A wise seller knows the value of a good faith buyer is the key for efficient and pleasant transaction.
  • Promote good faith practices to both the seller and buyer. As people declare good faith, they will wax stronger in their practice of the principles of good faith.
  • Educate both buyer and seller. When you become more conscientious of practicing good faith, you would like to protect your right by truly knowing details of the matter. In this way, you will pay more attentions to the details of your property. This is a good thing for all, enjoying the knowing of details of every day living.
  • Simply the legal process in case it is necessary. In case dispute happens, it is easier to resolve in a fair and low cost fashion.
  • Improve transparency and equity of the transaction. This additional emphasis on good faith greatly help that the transparencies of the details of the property be wisely made as complete as possible and both party want the transactions as fair as possible.
  • Save money on specialist home inspection. There are so many details of property that might require the help of specialists to probe for more conclusive answers. These take not only a lot of money but also a lot of time and efforts. You can skip many of them until when they are necessary even after the close of escrow.
  • Save money on home warranty insurance. This deal is much better than ordinary home warranty insurance.
  • Speed up transaction safely. You can quickly close the escrow and make sure you are much better covered for a fair transaction.
  • Smooth the learning curve about the details of the house. Both the buyer and seller become more aware of the details of the property even after the close of escrow. This general knowledge about property is very useful in the future as well.