Why Sell?
The Offer Financials
$1.4 M
less $84K Commission
less $50K Down
less $26K Remaining on Mortgage
$25K to UCV on Clearance of Seller Due Diligence
$10K to UCV on Each of 2 Optional Seller Escrow Extensions
Payments to UCV will be Credited to Sales Price at Close of Escrow
The Time Lines
05/24 UCV Vote to sell
05/25 SCNC Signs Agreement
Starts 120 Day Buyer Due Diligence
Starts 60 Buyer Due Diligence
7/25 UCV Cancel Option
9/25 $25K to UCV
Starts 30 Day Close of Escrow
10/25 Sale Final –or-
1st 30 Day Extension & $10K to UCV
11/25 Sale Final –or-
2nd 30 Day Extension & $10K to UCV
12/25 Sale Final (worst case)
Q&A