Commercial Foreclosure
What options or organizations would be available to help save commercial property from foreclosure when time is of the essense. Suggestions on private financing etc.
What options or organizations would be available to help save commercial property from foreclosure when time is of the essense. Suggestions on private financing etc.
There are a few "depends on" issues - mostly we need to consider the actual value of the property, any income derived directly from your ownership of that property and others. There is money available to prevent foreclosure even if you're already in foreclosure there are ways to buy you out. Expensive? You bet. If you owe more than 60% of the appraised value (actual value) of the property hope gets thin. If you want to share the specifics of your situation I may be able to help - at least point!