$25,000 soft deposit to secure the deal in Maine

Background:

In the fast-paced world of real estate transactions, swift liquidity and security are essential. A private investor, sought to purchase a property for flipping located at Wilson Road, OH. with a total purchase price of $725,000. His challenge? He needed immediate liquidity to secure this promising property portfolio.

The Challenge:

A $25,000 soft deposit with a 30-day deposit term was required. The Client needed a swift and secure financing solution to seize this flipping opportunity.

The Solution:

Duckfund's soft deposit financing ensured The Client had the liquidity needed to secure his desired property portfolio without delay. Additionally, Duckfund's option premium and call option agreement reduced transaction risks, offering a secure and adaptable process for the buyer.

Deal Breakdown:

Purchase Price:
$725,000
Soft deposit term:
30 days
Soft deposit size:
$25,000, swiftly provided by Duckfund

Timeline of the deal:

30 Aug
31 Aug
11 Sep
12 Sep
Application
PSA draft submitted
PFA signed
Option Agreement Signed
LLC Registered
PSA Signed
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 him to promptly secure the properties for due diligence.

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. Investor successfully secured a 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!

Apply