WHAT IS INVOLVED WHEN A HOME TRANSACTION TAKES 18 MONTHS!!??
Challenge: 2021 10-year tenant had interest in purchasing the home in the Indian Valley-Novato neighborhood she’s been renting. The owners are ready to sell. Tenant had an international business that slowed dramatically due to the Pandemic. She was confident that as the pandemic rules loosened up, her business would blossom again.
Solution: We reached a meeting-of-the-minds with a lease-option and at the end of the year lease, the purchase of the 1-Acre ranchette. Once the option is executed the sale includes seller financing.
I love it when all parties are happy and get what they want. Escrow just closed. The sellers did not need to prepare the house for sale nor have the property vacant for a few months while getting inspections and preparing this one-acre ranch property for sale.
The buyer became very attached of this special property after living there for ten years.
Congratulations to All Parties – A WIN-WIN
