W E L C O M E
Commercial Modification HQ (CMHQ), a Real Estate Solutions HQ Inc. (RESHQ) network affiliate, has been created as a resource to service the needs of today’s commercial real estate owners and provide an optional solution for the current real estate & financial dilemmas. With the economy in an ongoing recession, more and more businesses are having trouble meeting their obligations on commercial real estate loans.
With some numbers showing that $1.3 trillion in commercial loans will need to be refinanced by 2012, it's critical that we find the right solutions. These commercial loans are already facing the same problems the residential market encountered a few years ago. A key component to fighting this haymaker to the U.S. economy is commercial loan modification which has crept to the forefront of America's economic crisis.
Many commercial real estate owners have seen their property values decline between 30% and 50%, depending on where their properties are located. The major reason for the decline in commercial property values for most people is the vast increase in vacancies seen for multifamily properties, office buildings and retail centers. The second reason for falling commercial property values is the fact that it is very difficult to find financing for any kind of commercial real estate.
Compared to losing the business or paying astronomical interest rates with a hard money lender, a commercial loan modification is the best option. A commercial loan modification is seen as the new solution for both business owners and lenders to endure this difficult economic period. With the widespread bankruptcies and foreclosures, action needs to be taken immediately to stop the flood and to prevent a meltdown in the sector.
For many commercial property owners the best option that they have is to initiate a commercial loan modification. In a time where businesses are struggling to stay open, CMHQ believes a loan modification can certainly make all the difference in keeping our economy moving, so contact us to discuss the currently available options.
PROTECTED under E-Copyright 2011 - Real Estate Solutions HQ, Inc.
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NATIONWIDE COMMERCIAL LOAN MODIFICATIONS - ADJUST YOUR LOAN & MAKE YOUR PAYMENTS AFFORDABLE!
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