A tough spot, closed without headaches.
Structured a subject-to acquisition on this property, providing the seller with immediate relief and a seamless closing process.
The situation
The seller was in a genuinely difficult position, and their broker, Mike Skocik of Orchard Brokerage, needed a buyer who could structure around it rather than walk away from it.
The structure
We purchased at $538,000 subject to the existing loan, designed so the seller exited clean - arrears handled at closing, payments moved to the third-party servicer.
The outcome
Closed in nineteen days without a major snag. The seller’s relief was immediate and the record has been clean since.
“Working with Kris on this one was a game changer. My seller was in a really tough spot and Kris stepped in, figured out a creative way to get them out clean, and handled everything so smoothly that we closed without any major headaches.”