Sellers offer post-death refund on house

When the housing market slows, some home sellers drop their asking price. Others give buyers allowances to cover the cost of upgrades or offer help with financing.

Bob and Ricki Husick came up with a more creative twist: Whoever buys their four-bedroom home on Fountain Hills Drive in Pine would get their money back after the Husicks die.



Not only that, but if the buyers are willing to care for the Husicks in their old age, they could also inherit the Husicks' retirement home in Arizona for a total estate now worth about $500,000. The couple has no heirs.

"Why not go for the works? So if we're worth $2.5 million, you get it all," said Mr. Husick, 55.

If buyers prefer a more conventional arrangement, the Husicks are willing to sell their home, without any strings, for $399,900. The house, which the couple is selling themselves, has been on the market for 11 months.