El Sol
QUICK STATS
Location: El Sol Avenue, Altadena, California
Closing Method: Express Close
Paint Point: On reverse mortgage. Lack of liquid funds to pack and move. Unsure of next move. Lost and draining equity quickly
ThirdShift Solution: Provide senior sellers with peace of mind by creating enough net profit to cover housing and living expenses while locating proper living facilities to seller’s standards and do so as quickly as possible to prevent any further reduction in net profits due to current mortgage type
Closing Timeline from Offer to COE: 22 Days
Pre‑Escrow Advance?: Yes —> $5,500
Post‑Close Rent‑Back?: Yes —> 10 days
SUMMARY
Maria and Ronald spent decades building memories in their El Sol Avenue home in Altadena. But in retirement, the charm of homeownership faded under the strain of a reverse mortgage; a financial product designed to provide cash but quietly drains equity with accumulating interest. Each passing month brought more stress, fewer options, and mounting deferred maintenance Ronald couldn't manage due to recent health setbacks.
With dwindling funds and uncertainty about relocation, the couple felt overwhelmed. Recognizing the urgency, ThirdShift moved swiftly, closing in just 22 days. A pre~escrow advance provided immediate funds to cover their move, senior condo expenses, and movers.
Thoughtfully, ThirdShift reconnected Maria and Ronald with their previously estranged daughter, who became vital during their transition. Today, Maria and Ronald are thriving, enjoying regular visits with grandchildren. Ronald’s health has improved without the burden of home maintenance, and their new friendships and community have restored their joy and peace.
Their house, once a source of worry, became the lifeline providing a fresh start, quietly guided and expertly handled by ThirdShift Solutions.
