Frequently Asked Questions

General

Who is Chabiis?
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We are a company dedicated to giving you piece of mind when buying your home. As a disclaimer, we are not affiliated with or a part of your Home Buying process. We are an individual third party independent of the seller, real estate agents, title agent, closing attorneys, home builders, or any other party associated with your original purchase.

What are some examples of previous reasons why someone sold their property to Chabiis?
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The main reason is for relocation or loss of jobs. Sometimes, the traffic or school district can become an issue. A noisy neighbor or simply not comfortable with the new purchase. We will not ask any questions and are a simple solution for a hassle free way to exit your property and move on with your home buying process.

Can I assign Chabbis to another property owner for the same property within the 90 days?
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Yes, for a one time assignment fee since we would need to modify the paperwork. The cost would be $99 and will not extend the 90 day term.

Eligibility

Can all property types qualify for the Chabiis Home Buyback Program?
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Yes, single family homes, townhomes and condos are eligible for the Chabiis Home Buy Back Program.

What are some of the exclusions to reasons you will not be able to close on my home?
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The main exclusion will be the condition of the property. Everything must be in similar or better condition than you purchased it. We will order an inspection report and compare it to your original report to make sure everything matches up. Besides that, standard exclusions found on title and insurance will apply as when you purchased your home.

Can I transfer Chabiis to another property?
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No, Chabiis is exclusively for the property it was purchased for.

Can I assign Chabiis to another property owner for the same property within the 90 days?
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Yes only if there is a change on the title. The cost would be $399 and will not extend the 90 day term.

What is required of me when selling my home back to Chabiis?
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Very little! You just go onto your portal and upload the required documents from the time you purchased your home and we will validate that everything is in order and we can close on your home.

Registration

What is the first step to registering my property?
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The first step would be to sign up on Chabiis.com and register your property within 48 hours of buying your home. You can pay your fee online or at closing through the closing agent.

What is the cost to register my home?
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The tiered pricing system as follows:

Purchase Price                                 Option Fee
Up to $400,000.99                            $2,000
$400,001-$700,000.99                     $2,500
$700,001-$1,000,000.99                  $3,500
$1,000,001 - $2,000,000                  $5,500

Who can register and pay for the option fee?
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Anyone involved in the transaction can purchase the Reverse Option for the property. It could be the seller, buyer, or realtor.

What documents are needed to register the property?
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The standard closing documents used when purchasing the property such as the closing statement (HUD), appraisal, inspection report, and loan documents. There will be an itemized list once logged into the registration portal.

Process

What is the chabiis process?
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The Chabiis process is simple, we want you to have a solution for your home purchase in the event you are unsatisfied with the home. At closing the home will need to be registered on the Chabiis website and the Reverse OptionTM will need to be signed. At this point the home is eligible for a 90 day return policy. If the option is exercised then we move to closing and will buy your house stress free.

If I claim my option how long will it take for Chabiis to buy my house back?
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Chabiis will have up to 90 days from your claim to buy your house back, giving you enough time to find another home to buy, rent, or live in.

What price will Chabiis pay for my home?
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A second appraisal for the home will be ordered and Chabiis will pay the lessor of the appraised value or of the original purchase price for your home.

What costs will I incur in selling my property back to Chabiis?
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The costs associated with closing on the property.  Chabiis does not take any additional fees, discounts, or hidden costs associated with the process.

Building a solid reputation for professionalism & integrity.

Register Your Home
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90 Day Satisfaction Guarantee
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Sell Back Your Home
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EXPLORE OUR SERVICES

Chabiis offers you a hassle free option to buy back your home within 90 days of the purchase, in the event that you are unsatisfied with it.

giving you peace of mind when buying your home

The Chabiis Process

Effortlessly navigate your home purchase with our comprehensive step-by-step guide, designed to simplify each stage of the process and ensure a seamless experience from start to finish.

Step 1

Home Purchase

Buy your home with confidence using our patented Reverse Option™ for peace of mind!

Step 2

Registration

Register your new home on our website to be eligible for the 90-day satisfaction period.

Step 3

The First 90 Days

If you're unhappy within 90 days, claim your option online, and we'll buy the home back.

Step 4

After 90 Days

If you love your new home, no further action is needed after the 90-day period ends.

The Chabiis Process

Effortlessly navigate your home purchase with our comprehensive step-by-step guide, designed to simplify each stage of the process and ensure a seamless experience from start to finish.

Step 1

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Step 2

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Step 3

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Step 4

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