Are you struggling in todays real estate world? Are you a real estate investor, Realtor, loan officer or just someone who sees opportunity in this market?

Well, I have a secret for you! 

Here is the deal. Would you like to be able to go back and see the crashing real estate market before it happened? If you could do you think you could have found a way to profit from that crash? I do and I have a crystal ball just for you as you read this!

Everyone knows that the commercial market follows the residential one, right? Well you have probably heard how much trouble commercial mortgages are in right now just like the residential ones are and were initially. This is not the main focus on the news but its true. Commercial properties are foreclosing in huge numbers. 

But there is a difference in the commercial loan market that is not true of most residential loans. 

The vast majority of commercial loans are written with a ballon payment. This is when the full loan amount is due on the mortgage after a certain period of time. In the majority of commercial loans that is between 3 and 10 years. Unlike a 30 year residential mortgage, commercial property loans are for a much shorter term. 

Here is where the problem lies and the opportunity!

If you own a commercial property in most cases your property value is less that what you owe on your loan. Just like many in the residential crises. However, people with a home loan could if they choose to stay in the home and continue to pay their mortgage for years to come because few have a ballon payment. 

But commercial property owners can not just keep paying the loan payments. Why because once the term is up, lets say 5 years, then the full loan amount is due. However, because they are underwater with their loan they can’t refinance like would be the case in a healthy market. Banks will not lend them the money. So unless the owner comes out of pocket they get foreclosed on! Its just that simple.

Here is your opportunity. There are a few high quality commercial loan modification companies that can negotiate to get the owners ballon payment extended. This is the key so they can buy time for the market to come back. I was never a fan of residential loan modifications because I didn’t see them providing a real benefit. To me it was all smoke and mirrors. But I do think that a commercial loan mod can be of huge help to the property owner as it can prevent foreclosure and the loss of that property. 

So if you think this is something that you could get into and would like to get set up with a company that can do these for you, submit a ticket under the support tap. We will get back to you will more info!

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