338 Elmwood Avenue – Elmwood Village
The Situation
The seller had owned a 6-unit apartment building in the Elmwood Village for over 25 years. Over time, being a landlord became overwhelming. Between ongoing maintenance, tenant issues, and personal challenges, managing the property was no longer sustainable. She was ready to move on and wanted a solution that was simple, transparent, and stress-free.
The Challenge
At first, the seller was hesitant to work with Easy Exit Homes because we are a newer company. Trust was a major factor. Once she met the team, understood our process, and saw how open and upfront we were, she felt confident moving forward.
The Easy Exit Solution
Easy Exit Homes WNY made the entire process clear and straightforward from start to finish.
We presented a strong offer with a $100,000 down payment
The deal was structured as seller financing, allowing the seller to act as the bank
We make direct monthly mortgage payments to the seller, providing consistent income
Easy Exit Homes covered almost every detail of the transaction, including closing costs
The deal was completed quickly, putting cash in the seller’s hands within weeks
This structure allowed the seller to step away from landlord responsibilities while still earning interest on the property.
The Outcome
The seller no longer has to deal with tenant phone calls, repairs, late payments, or evictions
She now receives reliable monthly payments directly to her mailbox
The property has since been fully renovated, and all 6 units are now remodeled and fully rented
The seller can sit back, collect her monthly income, and enjoy peace of mind
Most importantly, Easy Exit Homes helped remove a significant source of stress from her life.
Kim
“I owned a 6-unit building in the Elmwood Village for 25 years. I had some building and personal disasters. It became overwhelming for me to keep it going. I wanted to sell it quick and easy.
I feel Easy Exit Homes gave me a very fair price considering how much work was necessary. I gave them access to the building so they were aware of the issues. They took care of almost every detail of the transaction—even paying the closing costs. It was done in weeks.
They gave me a healthy down payment and I am holding the mortgage for 4 years, at which time I get the remainder of the principal as a balloon payment. In the meantime, I am getting monthly mortgage payments. Almost all of it is interest.
Joe P. has been exceptionally kind and very easy to work with. I am receiving my payments on time and without having to remind them. It has been a good experience all around so far.”