by admin | Aug 15, 2012 | Blog
1st Service Solutions Founder and Co-CEO Ann Hambly recently was the guest speaker on America’s Commercial Real Estate Show, a national weekly talk radio program about business and commercial real estate. Watch the edition featuring Ann’s straight talk on...
by admin | Mar 16, 2012 | Blog
ARA stands for Appraisal Reduction Act. When a loan is in default, an appraisal is ordered. If the appraised amount is less than the debt, an “appraisal reduction” is booked that would be equal to the difference between those two amounts. The ARA was...
by admin | Mar 14, 2012 | Blog
When you are in default on a CMBS Loan, the Controlling Class Representative, or CCR, is the entity that makes all the decisions. The CCR can be difficult to determine. 1st Service Solutions can help you identify the CCR and can even negotiate with them on your...
by admin | Mar 13, 2012 | Blog
An ARD, or Anticipated Repayment Date, is not the same as a maturity date. If your loan is set up with a maturity date and it is cash-flowing, it may be possible to get an extension on the loan. However, if your loan has an ARD and there is positive cash-flow, you...
by admin | Jan 13, 2012 | Blog
Posted on August 3, 2011 by Ann This video presents tips and guidelines on what to do when your commercial loan is about to mature.
by admin | Jan 13, 2012 | Blog
Posted on July 27, 2011 by Ann You have some money ready to be invested, and your friends who have recently put their cash in on commercial real estate say that now is the time to buy, when everything is low and the opportunities are great to invest. Do you do...
