SOLD FULL PRICE – KRIS REPRESENTED THE SELLER (TCHENG FAMILY)
The Tcheng Family had Owned This Investment Property for Over 30 Years and Decided to Execute a 1031-Exchange
Kris Negotiated Two, 30-Day Extensions of Escrow on the Tcheng’s Behalf to allow them Adequate Time to Find Their Replacement Property
The Tchengs Found Their Replacement Property “Upleg” to Fulfill Their 1031-Exchange Requirement Prior to the Close of Escrow of Their Sale
New Property Fulfilled 5 Main Goals for the Tchengs:
Increased Number of Units
Greater Income Potential
Better Location/Increased Appreciation
Newer Constructed Property
“Kris, had we not met, and without your counsel, we would have continued to dismiss the idea of a 1031-Exchange. We are extremely happy with our decision to sell and excited about our new investment. Thank you again!” – Mrs. Tcheng