OBSIDIAN GATEYOUR OPTIONS
Depending on the property, financing, equity, and seller’s goals, OGA may evaluate traditional cash purchases and alternative purchase structures.
BUILT AROUND THE OPPORTUNITY
A traditional cash sale is not always the only way to structure a real estate transaction.
For properties that fit our acquisition criteria, OGA may purchase directly using a traditional cash transaction.
Potential benefits include an as-is purchase, reduced repair burden, flexible closing coordination, and direct negotiation.
Seller financing may allow the property owner to receive payments over time instead of receiving the entire purchase price at closing.
Terms to review include down payment, interest rate, monthly payment, term, balloon payment, security instrument, taxes, insurance, and existing liens.
In a subject-to transaction, ownership of the property may transfer while an existing loan remains in the seller’s name, subject to the terms of the existing financing and transaction documents.
Subject-to transactions involve material legal and financial considerations, including existing loan obligations and possible lender rights. Sellers should review transaction documents and obtain independent legal, tax, or financial advice where appropriate.
Some negotiated arrangements provide for payments at agreed intervals rather than the entire purchase price at closing.
Payment timing, transfer of ownership, default remedies, security, and tax treatment require careful review of the actual agreement.
A transaction may combine terms to address a property’s circumstances and the parties’ objectives.
No structure is available for every property. All parties must understand the written terms and their respective obligations.
Availability depends on the property, existing financing, seller objectives, applicable contracts, lender requirements, and applicable law.
Alternative structures are not universally better than a traditional sale. Review payment obligations, lender rights, risks, and the written transaction documents with independent legal, tax, or financial advisers where appropriate.
LET’S TALK ABOUT YOUR PROPERTY
Tell us where you are today. We’ll evaluate what may be possible.
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