The Sale of a Real Estate Property by Five Siblings
The property sellers were of a family of 5 siblings. Each of them had their own unique requirements. Two wanted to take cash at the closing, two wanted payments scheduled over 10 years and the last wanted payments spread over 15 years.
- Initially, the closing was stalled due to the internal dynamics and their very different desires.
- By creating separate installment strategies, we were able to close the property sale and satisfy the needs of each of the parties involved.