Short Sales on California Investment Property

Yes. Commercial Investment Properties in California are being unwound, in and out of court. Remember, fast Chapter 11 proceedings have helped many companies. The more the deals with creditors can be structured to identity disagreements, the quicker a court can process the chapter 11 and this is a key factor. When the business owner can focus on his business, everyone can benefit. Lawyers know this. Brokers know this. Judges know it too. Creditors... hmm. Creditors tend to hire bean counting, form filling, money draining middlemen. The deals can be delayed by this. If the deal can be structured on a good premise with a general outline, and it can keep moving forward while the diligence and processing is taking place, then it will work. If the creditors kill the clock and stall the negotiation while they count their beans and check the initials on page 100989 paragraph B, then they lose their buyers whom find a better deal. In a falling market the methods of the creditors work against all common sense and tend to take markets lower. I can help best as part of a good team. The lawyer and accountant I work with need to be savvy about working in a California falling commercial real estate market. The other fact is this, many who set out to sell, will settle on new loan terms instead. Many who set out to change loan terms, will short sell, and some will deed back in lieu of foreclosure. The last remedy, is to not agree and to continue the disagreement after the foreclosure. Investment real estate is not your home. So big or small, if it is not your home... the rules say you negotiate under separate circumstances from the rules for your residence.   If you are not in court proceedings, get a lawyer, a California Investment Realtor and accountant, and make your plan now... before court. You may never go to court if your plan works. - Mike Jaeger Live -

Published at - Mike Jaeger Live blog -