Life was calling Janalle away from her long-time townhome in Long Beach. Retirement was in sight and it was time…
Grace G.
Plaza De Las Flores, San Juan Capistrano, CA
Grace was just looking for an easy sale in the midst of one of the toughest times life had brought her. She, unfortunately, was diagnosed with cancer at the beginning of 2020 and during the lockdown of COVID had to deal with radiation and other forms of treatment, making it very hard to live on her own.
“With encouragement from my son and daughter-in-law, I decided it was time for me to move to an assisted-living environment where I would have more people around me that I could interact with and enjoy living.”
Making selling her home one of her top priorities. Two main issues arose in Grace’s mind when thinking about the home selling process: she did not want tons of showings coming through her home and financially had a large payment due to her new community. Grace just needed someone honest to come alongside her and make a difficult transaction simple.
Needed Cash Quick
Grace’s main pressure was the large cash payment that was due to move into her new assisted-living community. The timeline of this payment prohibited her from even considering a traditional sale, making a direct buyer her primary option. So we gave her top dollar upfront for her property within 10 days.
“Everything went very quickly and I was greatly relieved to have the whole process finished in a timely and professional manner.”
Upside Potential
Here are Graces’ FlipSplit numbers:
Offer Price: $750,000
Participation Benchmark Price: $858,919.22.45
Split Agreement: 50%
We obviously wanted to get Grace as much money post-resale as possible. After tweaking a couple of things within the interior of the property we relisted it on the open market.
Final Results
The property quickly resold for $886,530 leaving the property with $27,610.78 of excess, splittable profits. With Grace being eligible to receive 50% of that number, she was sent a post-resale bonus check of $13,805.31.
“I am so thankful to have received the cash from the sale of my condo when I needed it and the shared proceeds check was a very pleasant bonus. THANK YOU FlipSplit!”
Click on the photos below to check out the finished product 👇.
