1171 EAGLE PARK RD
Updated Progress
10/15/25
The borrower mentioned that they are currently working on repaying the investor. Efforts are being made to finalize the necessary arrangements to ensure the payment is completed as soon as possible.
09/30/25
The borrower shared that they are still in the process of recovering but continue working on getting everything squared away. While the exact timeline is not yet certain, they assured us that progress is being made and they will be fully taken care of.
09/11/25
The borrower is still in the process of securing his payoff and does not have a specific closing date yet. He added that they are exploring different loan options to move forward.
08/08/25
The borrower mentioned that they are currently working on the payments, but there is no specific closing date at this time. He explained that the timing of the closing will depend on when the bank processes and releases the funds. He will notify us as soon as the funds have been received.
07/15/25
The borrower shared that the house has been sold, but the investor has not yet been paid off. He mentioned that he’s currently working on resolving it and already talk with Ralf and Renay regarding the matter.
05/09/25
The borrower has communicated that the property is scheduled to close this coming Monday. A minor challenge has arisen regarding late fees currently attached to the loan, which would require James to bring additional funds to the closing table. He has requested that the late fees be waived to facilitate a smoother closing process. This would allow for the timely return of principal and interest by Monday or Tuesday, once the property has officially funded.
04/24/25
He talked to Ralf and mentioned that he will closed on May 8, 2025.
3/31/25
03/18/25
The house isn’t under contract yet, but the first offer came in over the weekend, and more are expected to follow. Things are moving in the right direction, and the interest is great—exciting opportunities ahead for a successful sale!
03/07/25
The property is now officially on the market, marking an exciting milestone. With hopes high that it will be under contract by the end of the week, interest has been strong despite the lack of a backyard, which many buyers consider a key factor. Multiple potential buyers have already visited, demonstrating the success of the rehab efforts. The progress made so far is a great reflection of the hard work put into the property, and things are looking very promising moving forward.
02/03/25
The property rehab has been fully completed, and it has been listed on the market for the past two months. No issues or delays have been encountered, and the project remains on budget. The current focus is on securing the best buyer for the property. Photos have already been sent for sharing with the PML.
01/02/25
The property rehabilitation has progressed successfully and is now on the market. Key milestones, including preparation and listing, have been accomplished without issues or delays. The next significant step involves awaiting interest from potential buyers. The project remains on budget, reflecting effective management and financial oversight. Additionally, photos of the property are available for sharing with the PML, highlighting the progress and current state of the project. This marks a positive outlook for achieving the desired outcomes efficiently.
12/02/24
The property rehab is nearing completion, with all milestones successfully achieved. The house is finished and awaiting final approval from the building inspection. The only delay has been the electrical inspection, but the electrician is scheduled to address this today. Once the inspection is complete, the next step will be to list the property on the market. The project has remained within budget, and photos will be emailed soon to share with the Private Money Lender (PML).
10/29/24
So far, cabinets and countertops have been installed, and appliances are scheduled to be put in tomorrow. The vanities are completed, and the kitchen should be finished by tomorrow. There are currently no issues or delays with the rehab. The next significant action will be to prepare to list the property. However, he anticipates being over budget by approximately $1,000. Additionally, he will send photos to both Ralf’s email and phone number to share with the PML.
10/17/24
The property rehab progress is currently 75 to 80% complete. Key milestones achieved include that half of the work is essentially done, with cabinets scheduled to be installed over the weekend. There have been no issues or delays reported thus far. The next significant action will be to put in the canvas this weekend. Budget-wise, everything is looking good, as the project is under budget. He will send photos for sharing via both email and phone number with the PML.
1st Month
2nd Month
Listing Photos
