Many people are not aware of the fact that a substantial number of Real Estate transactions are completed through seller carry backs. This is where the seller, rather than a bank or other institutional lender, provides the financing for the purchase. They do this through the carrying back of a note, which is secured [...]
There are several scenarios where you may be offered a discount to pay off your current commercial real estate loan:
1. Your current loan is maturing and the debt is more than can be refinanced.
2. The current lender has some outside pressure to reduce their CRE exposure.
3. Your property is no able to service the debt.
All [...]