Sunday, April 14, 2013

Ask the "Mortgage Man": Commercial Loans in the Lehigh Valley requiring NO...

Ask the "Mortgage Man": Commercial Loans in the Lehigh Valley requiring NO...: Can you imagine buying a commercial property and financing this piece of real estate without having the bank order an appraisal?  Most comme...

Commercial Loans in the Lehigh Valley requiring NO Appraisal!

Can you imagine buying a commercial property and financing this piece of real estate without having the bank order an appraisal?  Most commercial appraisals cost upwards to $2,000 per appraisal.  This is not only extremely expensive, but a commercial appraisal can be much more time consuming than a residential appraisal.  There is so much more paperwork and analyses that needs to be done to complete a commercial appraisal.  Since there aren't as many commercial properties selling in this market, the appraiser must go to remote areas to find similar properties to compare to the subject properties value.  Since most of my commercial loans don't require appraisals, I save my customers lots of time and money.  We can close most commercial loans in under 30 days!  In addition, I shop for the lowest interest rate which is now as low as four.  For a low cost, low rate commercial loan with the fastest closing, you need to look no further. 

Andy Williams
President
Abacus Regional Mortgage
484 695 5972
NMLS # 118317