The seller of this home had inherited it from a parent and was living there. The home need extensive repairs that he couldn’t afford including a hole in the roof that he could see through. It got to the point he knew he had to do something, there wasn’t much left on the mortgage but he had fallen behind on payments and didn’t want to lose the equity. We connected him with an attorney that would file the probate and wait to receive payment until after the probate was complete and the house was sold. We also gave this seller a cash advance to get by until the probate was complete. We closed as soon as the probate allowed and the seller was very happy to get into an apartment without all the maintenance.
Inherited Home, Major Repairs, Behind on Payments
The details
- Location
- Holman Addition · Midwest City, OK
- Outcome
-
- Probate
- No Repairs
- Cash Advance
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