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Restructuring Loans:A Step-by-Step Primer

Whether you're dealing with banks or special servicers, plan on bringing some skin to the game. Loan experts from both sides of the table agree that…

By Robert Carr - Midwest Region Editor for GlobeSt.com and REAL ESTATE FORUM. | Updated on December 09, 2011

Whether you’re dealing with banks or special servicers, plan on bringing some skin to the game.

Loan experts from both sides of the table agree that the key to restructuring a loan rests in a few points: Know who you’re dealing with; what you want to achieve; and, most important, what you can bring to the table. This seems simple, but it’s not that easy to achieve. There are many problems that have to be worked through to get both sides into negotiations, and a ton of requirements to be met to complete a deal.

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