This property has been in the same family for over 50 years. The out-of-area owner had recently listed the property for sale, because they needed money for in-home medical care, but unfortunately could not wait for the property to sell to get the care they needed. They had a bank first mortgage but could not refinance again at the bank, because the property was listed for sale. Sequoia quickly provided a bridge loan to cover the cost of their medical care and thereby afford them time to properly market and sell the property. Needless to say, the borrower is ecstatic and the broker was rewarded for knowing Sequoia made loans on listed properties.