COMMERCIAL LENDERS
Pre-Foreclosure
• Fully understand asset liabilities before foreclosing
• Quantify financial exposures of collateral agreements
• Make informed decisions if foreclosure is best course
Post-Foreclosure
• Make better decisions about best disposition strategies
• Consider alternate holding strategies
• Protect value of political entitlements and physical improvements
• Manage risk of code violations
• Renegotiate collateral agreements
• Price property realistically to achieve disposition goal
• Understand asset value to accurately assess JV potential
• Maximize broker effectiveness with comprehensive disclosure package
• Secure shorter due diligence and escrow periods