Pawtucket, RI

By November 22, 2018

When we first met Chris Prefontaine, my wife and I were reaching retirement age and selling a 4-unit rental property in Rhode Island. We were not getting realistic offers. Chris made us a very generous offer, with several different scenarios for the sale. The option we chose provided that my wife and I would hold the entire mortgage and receive a balloon payment in 4 years. Chris would be able to take over the property with no money down, and we would get our asking price.

Chris was excellent to work with and the agreement proceeded very smoothly. He made monthly mortgage payments on time for three years. At that point, Chris informed us that he would consider selling the property early if we could agree on a payoff figure that was a bit less than if we waited full term. We had some debt that we wanted to pay off and we did not want to wait an additional year for our balloon payment, so we accepted the offer. We negotiated a payoff figure and the closing proceeded smoothly.

Looking back at our entire experience with Chris, I remember that if we had any issue during negotiations, he would provide options with the goal of finding a solution that would work for both of us. There is no smoke and mirrors when talking to Chris. He is straightforward and a man of integrity.

It may sound a bit corny, but working with Chris will help renew your faith in fellow man when it comes to business dealings.