$950,000 Earnest Money Deposit has been transferred one day after the contract was signed for a 45-day term
Background:
In the fast-paced world of real estate transactions, swift liquidity and security are essential. Leading TX-based Private Equity Fund sought to acquire multiple properties in Houston, Harris County, Texas. The challenge? They needed immediate liquidity to proceed with their ambitious acquisition plans.
The challenge:
The main challenge was securing the necessary funds to tie up multiple properties for due diligence across a broad geographical area.
The solution:
Duckfund provided soft deposit financing to ensure liquidity was available immediately, allowing the client to proceed without delay, thus maintaining their strategic advantage in competitive real estate dealings.
Deal Breakdown:
Timeline of the deal:
Signed documents:
- Option agreement Signed by: The Client, Duckfund
- Purchase facilitation agreement Signed by: The Client, Duckfund
- Contract of Sale (PSA) Signed by: 6 Sellers and Newly registered LLC
Key Benefits of Partnering with Duckfund:
Conclusion:
In the competitive world of real estate, swift action is often the key to success. The Client successfully secured multiple properties 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.
Sign Now, Pay Later with Fast Soft Deposit Financing
Discover how Duckfund can help you secure prime commercial real estate quickly, close multiple deals at once, and rapidly grow your CRE portfolio. Only pay the soft deposit when you are ready to close the deal. Apply for fast CRE funding now. We'll get back to you within 24 hours.