In Los Angeles, a homeowner was deep in foreclosure after listing the property for over a year with no success. The lender was losing patience. A trustee sale date was looming, and the borrower and lender weren’t communicating well at all.
The numbers
- roughly $250K More than at auction
As Jose reported them, rounded the way he rounds them.
We stepped in as a neutral third party and worked directly with both sides. We secured a cash offer and negotiated terms that met the lender’s requirements and stopped the sale. The homeowner avoided a foreclosure on their record and walked away with roughly two hundred and fifty thousand dollars more than if the home had gone to auction. Instead of financial fallout, they were able to retire and relocate on their own terms.
“It’s a good reminder that cash offers done right can solve problems rather than create them.”
