The Scenario
The Builder needed some cash-out of a nearly complete two home development to keep another project alive. SFG was able to work with the builder and title company to make sure that the property was free of mechanics liens and accomplish the cash-out goal while still maintaining SFG’s lien priority.The two homes are located in the Cougar Hills neighborhood of Bellevue, just minutes from downtown Issaquah and Lake Sammamish.
The SFG difference
Cash-out on an incomplete project is unheard of in the traditional lending world, but with SFG’s experienced team and a great title company… impossible became reality.
A big thank you to Chicago Title for their efforts in this time critical transaction!
