The mortgage is $3,000,000. I have been offered a short sale of 1,500,000. If the bank does not accept this short sale, what is the procedure on a foreclosure on apartment buildings. Who gets the rent? Who pays the utilities? Who maintains the buildings? What happens to all the tenants (56 units involved)? Lets start [...]
Category: apartment buildings | 2 Comments »I’m considering a career in selling apartment buildings in california for a reputable brokerage. Please advise with any pros and cons. I could write a book on the pros and cons, but i will put it as concise as possible. If you a good networker and know plenty of people and love to met new [...]
Category: apartment buildings | 1 Comment »