Sales Real Estate

How a local owner was able to sell their challenging property with midgfield

The Challenge

In the process of closing the 6-unit sales real estate property on S Calhoun St in Baltimore, both the buyer, Shana, and the seller encountered a significant challenge. Specifically, it came to light that the current tenants were not up to date with their rental payments, which posed a potential hurdle to the successful completion of the transaction.

The Action

Yaakov Kanevsky, a skilled real estate agent representing both the buyer and the seller, immediately took action upon discovering the delinquency of most of the tenants. Drawing from his prior experience with similar properties facing tenant delinquency issues, Yaakov swiftly initiated negotiations for a "cash for keys" arrangement with the tenants. The primary goal was to secure their agreement to vacate the premises by the closing date, thus ensuring a smooth transition for the buyer.

The Solution

Thanks to his negotiation skills, persistence, and commitment, Yaakov went above and beyond to find a resolution. Understanding the urgency of the situation, he personally contributed a significant portion of the cash for keys arrangement from his own funds. This proactive step ultimately ensured that the property would be vacant at the time of closing, which removed any potential obstacles and allowed the transaction to proceed without issue. Yaakov Kanevsky's dedication, swift action, and personal investment in the process played a crucial role in the successful closing of the 6-unit property on S Calhoun St in Baltimore. His exceptional negotiation skills and willingness to take on additional responsibilities highlight his commitment to achieving a favorable outcome for both the buyer and the seller in this sales real estate transaction.

“I had a great experience working with Yaakov, the real estate agent, for the multifamily 6-unit property on CALHOUN ST. He went above and beyond to assist me throughout the entire process, ensuring that each step was handled smoothly. With his expertise and dedication, he successfully helped me secure the property by working out cash for keys arrangements for most of the units, resulting in a completely vacant property. I highly recommend Yaakov for his outstanding professionalism and commitment to customer satisfaction.”

– Shana

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