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Defaulted on Your Mortgage? – What Commercial Property Owners Should Know

| December 9, 2014
Commercial Real Estate, Mortgage Defaults

While many businesses are slowly recovering from the U.S. economic downtown, attorneys continue to see business owners on the receiving end of default notices from their mortgage lenders. In addition to the fears associated with getting current on mortgage payments, many owners are uncertain about the processes involved in the event foreclosure occurs or what […]

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The Purchase Agreement: Part II

| March 19, 2014
Commercial Real Estate, Mortgage Defaults

Previously, we discussed key purchase agreement provisions and concepts, including purchase price, earnest money and payments terms. In this edition, we’ll take a closer look at the due diligence process.  Here is what you need to know: During the due diligence process, the Buyer will inspect and investigate the property to determine if the contingencies […]

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