Argus
QUICK STATS
Location: Argus Drive, Eagle Rock, California
Closing Method: Express Close to Vetted Transfer
Paint Point: Paying dual mortgage and dual taxes without rental income. No liquidity to remodel or update either property but specific net desired or will not sell. Retired and on fixed income with health issues. Specific Family circumstances with scheduling. Desire liquidity and reprieve.
ThirdShift Solution: Provide desired sales amount with quick close and limit need for appointments/showings due to special circumstances. Provide thorough understanding of net profit, timeline, and benefits/disadvantages to each method.
Closing Timeline from Offer to COE: 17 Days
Pre‑Escrow Advance?: No —> $0
Post‑Close Rent‑Back?: No —> 0 days
SUMMARY
Perry and Lori, lifelong Eagle Rock residents, faced a difficult situation after inheriting a second home nearby. Retired, with health issues and a fixed income, managing dual mortgages and taxes without rental income became overwhelming. They needed clarity and a specific net profit to move forward.
ThirdShift thoroughly assessed their financial situation and clearly illustrated their options. When market conditions improved dramatically during Covid, ThirdShift updated the analysis and strategically marketed the property’s oversized garage and finished shed, ideal for remote work.
Connecting with local developers focused on Eagle Rock, ThirdShift facilitated an off~market transfer, achieving Perry and Lori’s desired net amount. This allowed them to remodel their inherited home comfortably and relieved significant financial stress. The developer experienced a smooth, profitable project, and the new homeowner gained the perfect space they were seeking.
Perry and Lori traded uncertainty for comfort, turning a complicated situation into a life~changing solution.
