Commercial Property Short Sales?

Where can I get more information on the differences for Commercial Property Short Sale requirements as opposed to Residential property requirements? Anybody have any ideas?

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Permalink Reply by Shannon Noble on September 20, 2010 at 7:59am

I have buyers for commercial short sales,, anywhere in the US.

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Permalink Reply by Rick Trono on September 21, 2010 at 6:22pm

My understanding from my reading: the borrower is not personally liable for the loan upon default. Lender recourse for repayment is to the real property and other collateral granted as security.

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