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Lichtenfeld David J. Related Offices New York. Introduction In light of significant deterioration in cash flows federal credit report asset values in many classes of real estate caused by the COVID pandemic, many real estate lenders are finding some of their otherwise well-underwritten loans to be non-performing.
Due Diligence There are many types and sources of real estate debt in today's market. Short Due Diligence Period : The due diligence period is often compressed, particularly in situations where all due federal credit report must be completed prior to submission of a bid.
However, even in non-bid situations, due diligence periods are brief, federal credit report discvoer personal loans from 10 to 14 days. In addition, the ability to close quickly will often be critical for a prospective purchaser to win a bid.
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