A purchase and Sale agreement was set to expire on this commercial condominium and the conventional lender couldn’t deliver on their promise. That’s when Loan Network, LLC stepped in and called SFG. Within 24 hours, SFG inspected the site and delivered loan documents to escrow. To the disbelief of “inside the box” onlookers, the borrower met the terms of the purchase contract.
“Our client had $130,000 non-refundable earnest money at risk and needed to close now. Additionally, the seller was motivated by a higher backup offer and was not willing to extend the sale date… SFG is a great company and service driven.”