For nearly nine months, it seemed as though Greg Pratt's real estate agent called every other weekend to schedule a showing for his DeWitt house. Pratt and his family would clean and stage their home, then wait. The response was great:
The proceeds of this $10.85MM, 75% loan-to-value mortgage was used by the borrower, HH Inc. Urban Development, for the repayment of existing debt and equity for future construction projects in the region, creating well needed jobs for the city. The mortgage had a 10 year fixed term and a 30 year amortization schedule. Harry Hepler, a principal at HH Inc. Urban Development, looks forward to ...