Commercial Mortgage Renegotiation
Renegotiating Commercial Loans
Sometimes, Lenders and business owners are more apt to work together to renegotiate commercial loans because both parties are aware that this is a business decision. There are fewer emotions dealing with commercial real estate than dealing with a personal residence.
Reasons to Renegotiate Commercial Loans
- Short sale of commercial properties
- Vacancy rates high
- Your mortgage exceeds what you collect in rental/lease income
- Increases in expense/debt
- Decrease in income
- Personally guaranteed the property
Van Law Firm has helped many in the Las Vegas and Henderson community with foreclosure, short sale, bankruptcy, debt settlement, loan modification, and personal injury.
Please feel free to contact us today so that we may discuss the options that are available to you.
Van Law Firm at 702-529-1011