Testimonial for Nick Myerhoff
From Fanfu Investments, Inc.
Nick represented me in a purchase transaction of a 26 unit condo development in Oakland. I had spoken with many agents and brokers but Nick was the only one able to negotiate an acceptable price for me. With Nick’s help I was able to purchase this property with very favorable terms and with a 30% discount from the original asking price.
Because I am a Chinese national there were challenges with loan approval. Nick helped me reduce my down payment by cross collateralizing another property and restructure the principal pay down. In the end all parties came away happy because of Nick’s hard work, creative thinking and consistent focus on the end goal.
After close of escrow Nick continued to help me with my apartment building. He assisted me in planning the rehabilitation the property, writing letters to tenants, creating a management agreement and working with me on possible exit strategies.
I later found out that there were nearly 20 competing offers and various LOI’s on this property. No other agent or broker working on the sale of this condo complex was able to bring the buyer and seller to the table and negotiate a transaction which left all parties happy.
Throughout the purchase transaction Nick stayed in touch with me daily, communicating with me every step of the way and following through on all his commitments. He was available by cell phone at all hours of the day and over the weekends, he always returned my calls immediately, when he did not know the answer he was able to find out and get back to me quickly.
Tommy Sun, Principal