Retail Property In Uniontown, PA

Loan Type:
Bridge Loan
Loan Amount:
$3,000,000
Loan Term:
1 YR
Amortization:
Interest Only
Recourse:
Non-Recourse
LTV:
67%

Challenges

The winning bidder was faced with a challenge when the seller expedited the closing time-frame from 60-days to 30-days. Money360 was able to adjust loan programs and work with the winning bidder to ensure the timeline was met and the property and earnest money were not lost.

Solutions

This Ten-x bidder was a textbook example how the collaborative Ten-X/Money360 process yields great results. Prior to the auction, an LOI was secured by the bidder, allowing them to bid with confidence. Money360’s competitive rates, paired with speed and certainty of execution provides piece of mind for auction participants.

Related Deals

Subscribe to Our Newsletter

Stay up to date on the latest CRE news and trends