How To Find Foreclosures Commercial Property & Short Sales

- September 3, 2010, 3:18 am

In the commercial real estate industry, we are currently facing a time of adversity and distress. Plain and simple, there has not been a lot of business circulating in the past year or so. There are not many buyers out there, and the buyers that do exist are looking for commercial property foreclosures and short sales. We call them "vultural buyers". So, if someone wants to buy, they want to get a "deal", and there's no better deal than a heavily discounted piece of commercial real estate. Especially one that has been foreclosed-on or one that a lender is willing to short sale. These opportunities are out there waiting for us to capitalize on them, but the problem is most buyers just wait and hope something great pops-up on their door step, instead of taking initiative and going finding