Selected work · Draft for review
A complex property. A disciplined path to sale.
A property on West Paces presented a bank client with code, occupancy, tax lien, property condition and encroachment issues. We assessed the work, secured immediate risks and managed the disposition toward a buyer prepared to take on the remaining repairs.
Working draft: transaction records and photo publication rights require review before this page goes live.
The assignment
The property needed substantial assessment and work. Code violations and the absence of a certificate of occupancy complicated the path to sale, alongside extensive tax liens, easement and encroachment concerns. The objective was to understand those complications and limit the bank’s losses while pursuing a realistic disposition.
What the team addressed
- Secured the pool and addressed water intrusion.
- Worked through encroachment concerns and communication with neighbors.
- Protected more than $300,000 in builder materials inside the home.
- Coordinated assessment and property work while managing multiple contracts.
Condition photographs show some of the issues we assessed and managed during the assignment.
Match the buyer to the work ahead.
After multiple contracts, the team found an owner-occupant willing to undertake the work required to make the home livable. We did not obtain a certificate of occupancy.
Bring us the difficult property.
We can assess the condition, market and transaction path for one asset or a portfolio.