Track record / Elgin, Texas
A clean exit and financial peace of mind.
Structured a subject-to acquisition on this beautiful property, giving the seller a clean exit and financial peace of mind.
Elgin, Texas · Subject-to · $336,512 · Closed in 17 days
Stand-in photograph - replace with the listing original
Transaction record
MarketElgin, Texas
StructureSubject-to
Transaction value$336,512
Days to close17
Agent commissionPaid in full at closing
Payments serviced byThird-party loan servicer
Acquisitions contact
Kristopher Kempe
Founder & Chief Executive Officer
How it closed
The situation
The sellers needed to be out without bringing money to their own closing - the position a thin-equity conventional sale would have put them in.
The structure
We purchased at $336,512 subject to the existing loan. Title fees for both sides were ours, and the payment obligation moved to a third-party servicer on day one.
The outcome
Closed in seventeen days with nothing owed at the table and a payment record that protects the sellers’ next application.