$50,000 for 60 days to secure the deal in Connecticut

Background:

In the fast-paced world of real estate transactions, swift liquidity and security are essential. Private Investor sought to acquire a property in Connecticut. The challenge? They needed immediate liquidity to close the deal swiftly.

The Challenge:

The main challenge was securing the necessary funds to complete the acquisition within a tight deadline to capitalize on a strategic market opportunity.

The Solution:

Duckfund provided soft deposit financing to ensure liquidity was available immediately, allowing The Client to close the deal swiftly and efficiently.

Deal Breakdown:

Purchase Price:
$2,772,000
Soft Deposit Term:
60 days
Soft Deposit Size:
$50,000

Timeline of the deal:

23 Jan
24 Jan
26 Jan
27 Jan
Application
PFA signed
Option agreement signed
Soft deposit transferred
PSA signed
PSA draft submitted
LLC registered
23 Jan
Application
PSA draft submitted
24 Jan
PFA signed
26 Jan
Option agreement signed
LLC registered
PSA signed
27 Dec
Soft deposit transferred

Signed documents:

  1. Option agreement
    Signed by: The Client, Duckfund

  2. Purchase facilitation agreement
    Signed by: The Client, Duckfund

  3. Contract of Sale (PSA)
    Signed by: The Seller, Newly registered LLC

Key Benefits of Partnering with Duckfund:

Swift Turnaround:

The Client quickly had liquidity, enabling them to close on the property swiftly.

Risk-Free Process:

Thanks to Duckfund’s call option agreement, the transaction was not only quick but also risk-free for the investor.

Conclusion:

In the competitive world of real estate, swift action is often the key to success. The Client successfully secured a strategic property with Duckfund's efficient soft deposit service. This case illustrates Duckfund's commitment to providing speed, security, and reliability in soft deposit transactions, making it a valuable partner in the real estate industry.

For more insights on how Duckfund can streamline your real estate ventures, don’t hesitate to connect. Together, we can redefine the landscape of real estate transactions!

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