Mortgage lead for Residential loan in Woodland, CA, 95776

Loan Request for Residential loan in Woodland, CA, 95776

Request #3703830 by Lender

Date Posted

9/8/2024 8:48:05 PM

Property at

Woodland, CA, 95776, USA Show Map

Borrower at

Property Type

Residential

Property Value

$540,000

Loan Request

$350,000

LTV

64.81 %

Credit Rating

780 or more

Net Worth

$250,000 - $500,000

Loan Purpose

Refinance and Construction

Purpose

My mother passed away from Alzheimer's on July 10th 2022. In her trust she has left her home to me and my two siblings. Unfortunately, my brother who is the executor, allowed my sister who is a hoarder move into to her home along with 10 cats, so you can imagine her beautiful home was not well taken care of. Complete opposite of how my mother lived. We agreed on a sale price of $350,000 considering the condition of the home at the time of her death, and that they would be okay with me buying them out. Her home would make a perfect Mid-Term rental. I will need approx, $250,000 to fund the estate in order to pay them off. And then $80,000-$100,000 to bring the home to the current market value of $540,000. Thank you for your time and consideration. Linda Graham

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Loan Request for Residential loan in Woodland, CA, 95776