Just seeking your comments on how to a access equity in a commercial property without paying an arm & a leg for a commercial valuation. I have held this property for a number of years now and market value has increased by 70%
Your thaughts on this would be much appreciated
Crusader[specool]Crusader,
Can you give us some more details around the property, your expected value and the debt facilities secured against it.
I know of at least one major lender, who is willing to pay switiching costs for commercial finance refinancing over $500K. If this is you, then you may hae to pay for the valuation upfront, but would receive a refund once the loan settles.
Give us some more details around your scenario aand forum members may be able to help.
Wade Greasley
Bluewater Financial Pty Limited
Residential and Commercial Lending Brokers
[email protected]
0414564743
Discover the Bluewater Difference[exhappy]
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