Proof, Not Promises

How we turned the Nightmare on Harvard Street into a successful close

Case Study: [A Complex Multi- State Probate]

Court Delays, Distant Heirs, and an Irate Tenant

This deal had every red flag: a probate property in reverse mortgage foreclosure, an irate tenant, heirs across the country, and a buyer with a firm 1031 deadline. The mortgage company was ready to foreclose, and the clock was ticking.

The Challenges:
- Multi-state probate with difficult-to-locate heirs
- A reverse mortgage in active foreclosure
- An irate tenant refusing to pay rent to the estate
- A strict 1031 exchange deadline for the end-buyer.
- The property could not qualify for any traditional (FHA/Conventional) financing
Our Solution:
- Provided verifiable proof of funds to the mortgage company to halt foreclosure proceedings
- Navigated the court system to confirm the authority of the Personal Representative
- Managed the sensitive situation with the tenant while upholding the estate's rights
- Connected the deal with a pre-vetted, all-cash buyer capable of closing quickly and without financing contingencies

The result was a successfully closed all-cash deal that stopped the foreclosure, resolved the tenant issue, and provided a solution for the heirs and the 1031 buyer. The agent earned a full commission on a sale that was completely off-limits to traditional buyers.