An offer has been made and accepted on a property.
The Seller and the Buyer choose to use the HonestyBox to secure the deal. Homed:In, your HonestyBox agent, will set up a unique account to protect your deal.
Homed:In will set up a unique transaction account and input the type of lock and terms of the agreement. This is done in the secure HonestyBox agents portal.
The parties agree terms and purchase their HonestyBox tokens. These are lodged in the HonestyBox platform against the transaction as collateral.
The transaction is now HonestyBox protected and the client funds are held securely in Escrow.
Homed:In, your affiliated agent, will update the HonestyBox once the transaction/sale has reached its conclusion.
A successful transaction means that both parties are eligible for the full remittance of their token value minus the nominal HonestyBox fee.
A failed transaction means the party in breach of the agreed terms forfeits their tokens and the value of this is sent to the aggrieved party. (Inc their tokens).
Great Trust, Peace Of Mind, Stronger Chains, Safe & Secure. Speak with Homed:In today to move forward in setting up your HonestyBox to protect your house sale or purchase.