Commercial Loan Work Out
If your loan balance is more than your property is worth, a loan work out may allow you to sell your property without coming out of pocket for negative equity.
The commercial market has seen significant corrections in the past 3 years. For many of our clients, this correction has left their commercial properties in a negative equity position. Lenders are now often willing to work with you in reducing this negative equity to facilitate the sale of your building. We have in house work out experts that can walk you through each step of the process while managing the paperwork and lender contacts for you.
Interested in getting out of a commercial property and not sure where you stand? Put our commercial experts to work for you today with a FREE market analysis. 517-321-2800 or get started with our contact form to the left.