$25,000 Earnest Money Deposit covered for 60 days in MA

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Background:

In the fast-paced world of real estate transactions, swift liquidity and security are essential. The MA based RE Investor sought to acquire a property. The challenge? They needed immediate liquidity.

The challenge:

The main challenge was securing the necessary funds to tie up the property for due diligence.

The solution:

Duckfund provided soft deposit financing to ensure liquidity was available immediately, allowing the client to proceed without delay.

Deal Breakdown:

Purchase Price:$440,000
Soft Deposit Term:60 days
Soft Deposit Size:$25,000

Timeline of the deal:

3 Sep
Application
PSA draft submitted
PFA signed
Option agreement signed
10 Sep
LLC registered
PSA signed
12 Sep
Soft deposit transferred

Signed documents:

  • Option agreement Signed by: The Client, Duckfund
  • Purchase facilitation agreement Signed by: The Client, Duckfund
  • Purchase and Sales Agreement (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. The Investor successfully secured property with Duckfund's efficient soft deposit service. This case illustrates Duckfund's commitment to providing speed, security, and reliability in soft deposit financing, 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. 

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