Sunday, March 27, 2011

Learn About Commercial Loan Modification



Commercial Loan Review has been doing discount note workouts longer than anyone in the business, and unlike most, this is our primary business. Commercial Property Owners are facing harsh cash flow problems. To most there isn't any apparent solution. Refinancing is difficult because existing balances are too large; selling your property faces the same issue -- and that assumes you can find a buyer in this economy.

A workout agreement is where is lender and the client agree to work together to reduce the outstanding lean principal and extend the maturity date of the loan. A workout agreement is usually used where there is a potential to make money on the property in the future by allowing the current owner to retain the property and both share in the income from the property.

Commercial Loan Review can help. We have successfully negotiated short sales, reduced interest, interest only payments, and much more. Our results have been nothing short of astonishing. We have cases that have reduced principals by literally millions; cash equity is now positive. Foreclosures have been stopped and properties have been saved. By modifying a commercial loan properly, a property owner can avoid foreclosure, greatly reduce their monthly payments, and reduce the principal amount owed.

We guarantee performance, and we therefore have to be very selective in the cases we bring in for review. In other words, we don't take on cases unless we are extremely confident that we will win acceptable terms for the property owner.

For a FREE no obligation consultation call 877-227-2000 or visit Commercial Loan Modification

No comments:

Post a Comment