TLC Also Means SALE
Are required repairs putting a damper on your closings? Our investors allow up to $5,000 to be held by escrow to complete minor repairs after closing on a case-by-case basis. Sellers avoid the hassle of contingent repairs, buyers can choose the house they really want, and we work together to get them to the closing table.
Escrow Holdbacks are available:
-When repairs cannot be completed prior to closing due to weather conditions
-If the property is HUD or bank owned
-When repairs can be completed within 14 days of closing
A home needing a little TLC is an opportunity for a great SALE!
Each client, loan program and property is unique. Please contact us to determine the best financing option for your client. Other products are available for more substantial repair requirements.