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Posted over 14 years ago

Providing Business Owners Solutions Against CRE Default

In today's climate the numerous headlines foretells impending massive commercial real estate devastation, resulting in more foreclosures and bankruptcies our nation have ever faced. How do we, as real estate professionals serve our clients needs when refinancing is no long an option? Many have called you to share their concerns and many will be turned away and left to navigate the turbulent storms alone. Are you actively building strategic partnerships which will allow you to meet potentially the most lucrative market in the real estate profession?  Provide solutons!

With staggering numbers and the obvious pitfalls for those who are faced with Balloon payments, or adjustable notes within the next year. Property owners are struggling and need help. With increased vacancies, smaller profit margins, higher Insurances, and a myriad of increased obligations, many will be forced to bankruptcies and foreclosures. Just the other day an "Albertsons" grocery store had closed in my neighborhood, wit little warnng. Poof, after 6 years of frequent visits, they were out of business. How many communities will suffer without adequate products and services these business provides. The true CRE professional seeks solutions that they can offer to their clients. 

Most businesses will not be able to meet their mortgage obligations, and foreclosure or bankruptcies will be their only option. We are witnessing the residential RE market upheaval, the commercial sector will be a bloodbath. The costs to foreclose on commercial properties is astronomical, however, the train mill will be as aways, business as usual for the banks until someone flip the switch! That switch could be to initiate the Loan Modification option. Cost segregation is another business strategy which can be facilitated by an aproved  and experienced business developer. 

Are you in the position to adequately serve this tremendous need?  As a Commercial Real estate, investor, or Mortgage Professional it is likely you will be the first stop for these property owners to find assistance. Our company specializes in Commercial Loan Modifications and cost segregation, we offer affiliate partnerships with Industry professionals which all heavy lifting is done in-house.  

Cost Segregation is a structural Engineers function that any commercial property owner or lessee can possibly benefit from. It is a reclassification of real property and personal property through a former assessment. A process which could uncover several thousands, or hundreds of thousands of dollars in overpaid taxes.  A certified and approved structural assessment that reclassifies real and personal property which allows tax refunds as assets depreciation is acelerated.  This filing  done properly places money back into your clients hands from the IRS, in a short 6 weeks.

Real Estate professionals are urged to help  correct and restore the confidence needed during this time, and offer your clients more options as they mitigate through some troublesome storms.  Do your part and arm yourself with resources, expand your business, retain your customers and benefit greatly from providing sound business solutions.


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