In October 2017 a Probate Attorney contacted our company about a Probate Client that needed funds prior to the completion of the Probate court case. The Probate Estate Executor’s intentions was to pay outstanding legal fees and later make repairs to the property preparing it for sale. There was a hostel and non-cooperative family member who living in the Subject Property and would not let anyone in the house, including mortgage lenders looking to inspect the property.
Due to the very low LTV (Loan to Value) for the proposed loan, we were able to fund the loan without inspecting the interior of the property. Northridge, California