Commercial Short Sales
Successful short sale on commercial buldings begin the same way a
residential short sale should begin - with an upside down analysis.
1. What happens if you take a judicial foreclosure?
2. What happens if you take a non judicial foreclosure?
3. Which option might your lender or lenders elect?
4. What defenses might you have?
5. Is a loan modification a better option?
6. What assets are at risk?
7. Has anyone made a personal guarantee?
8. Does the law provide for anti deficiency protections?
9. Is a bankruptcy workout something to consider?
10. Is there someone who could be brought in as a buyer?
11. Should the property be offered to the the public?
For more on
commercial short sales and loan workouts
|
|
Last Updated ( Saturday, 17 July 2010 )
|
