A Sinking Feeling

I received a referral from a Realtor referral partner a few days ago.  Joe Petrowsky and I met with the lady yesterday.  I had a feeling from my first phone conversation with her that this was going to be a difficult, if not impossible, situation.  Unfortunately, my initial feeling was correct.

The lady is going through a divorce and her soon-to-be ex-husband is not cooperative in the least. To make matters worse, the Realtor who referred the matter did a BPO on the property and it is upside down.

The property is the lady's primary residence and consists of about 5 acres.  She runs a bird sanctuary and animal shelter on the property.  She is determined to keep the property and buy out her soon-to-be ex-husband one way or another.  Unfortunately without the husband's cooperation we could not figure out a way to refinance the property, allow the lady to keep her bird sanctuary and animal shelter, and pay-off the husband.  We just could not come up with a workable solution and I personally feel absolutely terrible that we could not help this lady.  She is just so determined to keep this property and her animal shelter and sanctuary.

I received a call from her this morning and she sounded quite excited.  She found some people who are willing to make a donation to her non-profit corporation that actually runs the sanctuary and shelter.  I didn't want to tell her that the funds needed to be a gift to her from a family member, but I did.  She was going to call her accountant and the people and see if they can come up with some way to make this work.  Just such determination and all I can do is tell her that it doesn't work unless certain rules are followed.  She promised that she would be getting back to me.  I am hoping, but I still have a sinking feeling that it is just to much of a stretch.