Using the Web and social media to sell real estate

Commercial real estate short sales are a very complex process that is very different from the conventional short sale that we know from in the residential market.

Commercial short sales are much more complex than residential short sales.

First of all you are dealing with a very different type of bank, usually a local bank, who has very tight control on the loan it services and who also undergoes a tremendous quantity of scrutiny from the government.

These banks need to maintain certain performances and certain capital reserves and non performing loans are a definite threat to their survival. So the first thing they will do is trying to control the property before the foreclosure is through. A much more aggressive process.

Roberto Mazzoni