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Can't Refinance Commercial Property - Try Sell & Lease Back!

 by
J.P. John Perron
July 7th, 2010

Commercial property owners are finding out that their success in running a business might not translate into financing their Real Estate. With short term loans expiring and new requirements for equity and income tightening like a noose - many businesses have nowhere to turn. At Cranbrook Realty Corporation we have an answer. SALE/LEASE-BACK!

Part of the CCIM tools available to clients includes complex analysis of Income, Market Value, Lease Rates and the Net Present Value of future funds (NPV). Proprietary spreadsheets are utilized to compare the Cost of Funds for an enterprise, to the Internal Rate of Return (IRR) and identify the most intelligent usage of Real Estate - Leasehold Interests vs. Fee Simple ownership. If the numbers tell you that selling in a down market and leasing back the property in a down market is the smart move, then move your assets!

A long term lease that ends up below Market Rates in the future has value and so does having Capital that can be applied to the business or to the the Site Improvements - even to the Balance Sheet or Income Statement. The CEO or CPA is not likely to have the ability to scrutinize the results of owning vs. leasing-back unless the numbers are put in front of them. Where do you get these numbers? From a CCIM credentialed broker like Roobik Ovanesian, President of Cranbrook Realty Corporation in Glendale, CA.

With appraisal staff in house and analysts prepared to show you the path to the most intelligent use of your Real Estate and guide you step by step through the process, Cranbrook Realty Corporation will decipher the market in your area and give you the cold hard facts - the facts you need to make a sound BUSINESS DECISION. You are a in business for the sake of business not for Real Estate. A professional CCIM Real Estate Broker is in it for the sake of Real Estate. You go to a doctor when you are not well. Go to a CCIM Real Estate Broker when your business Real Estate is not well. For a free initial consultation call Cranbrook Realty Corporation - for your Real Estate Health & Wealth


J.P. John Perron – Certified Distressed Property Expert
(626) 625-7123
JP.Perron@hotmail.com


            Capital Advisors Professional Group LLC – Real Estate Professionals    




 Editorial & Opinion

Short Sales –By The Short Hairs

     by J.P. John Perron, CDPE
 
pub. Tolucan Times 1/28/09

Call a broker to ask about short sales, and you’re told not to bother - or it’s the only way to go. How can it be both? It depends on who you ask. If your broker does not have the right skills, you get left out in the cold. Short sales are dominating much of the market. Get an expert professional.
If you talk to a Certified Distressed Property Expert (CDPE), it can make you feel warm and tingly. They are trained to handle buying and selling your home when the sale price is less than what is owed to the bank. Some folks make offers on more than one short sale and then start a waiting game. Short sales require bank approval. When one of these homes has “multiple offers,” the risk is that the bank will not choose a “real buyer.”

Banks get tangled up when brokers can’t follow the program. One real, strong, able buyer with a solid offer is what is needed. If you are selling; multiple offers means the price may be set too low and the bank might not cooperate. If you are buying; do you want to be in line with bargain shoppers - or do you want to choose your home, make the best offer at the right price and have the bank agree?

Broker Associate Aida Poladian, one of my team members, has over 30 years experience. Providing accurate appraisals (plus my CDPE certification) allows us to bring strength, knowledge and experience to form your successful team.

J.P. John Perron CDPE Certified Distressed Property Expert  (626) 625-7123  jp.perron@hotmail.com
Capital Advisors Professional Group LLC -

Referral Network of Real Estate and Appraisal Professionals



     


Real Estate News & Opinion

                             Taxes – To Appeal or Not to Appeal

By J.P. Perron CDPE

pub. Tolucan Times November 20, 2008

That is the question. The answer is – how much was your home worth last Thursday? To appeal tax bills, California homeowners MUST use the Market Value from January 1st.

During 2008, how many times have we heard how far prices have dropped? It would take ten articles to cover the facts. To simplify, let me offer some advice. CALL AN APPRAISER.

Many of you have Prop. 13 keeping your taxes low – be happy! For the rest of us, appraisers can determine if our property is worth less than the taxman claims.

 

The appeal process is stacked against us, even at a “fair” hearing. The taxman will fight AGAINST you. Success requires an accurate Market Value, as of January 1st.

The taxman uses imprecise appraisal methods to raise taxes – but an impartial Hearing Officer will listen to both sides!

 

Accurate comparable properties are the way to win! You may know how much local homes sold for, but can you adjust their prices for: Lot Size? Condition? Living Area? Fireplace? Remodeling? View? Landscaping? Air Conditioning? Pool/Spa? Additional Bedrooms/Baths? Sale Date? Foreclosure!?!?!?  Professional appraisers can.

The taxman – not so much.

Homeowners – not likely.

 

Check your tax bill. If you believe the assessed value is more than you could sell your home for NOW... get professional advice. If you're sick, call a doctor. If you're car is broken, call a mechanic. If you're sick and tired of a broken tax system... call an appraiser.

 

J.P. John Perron CDPE Certified Distressed Property Expert  (626) 625-7123  jp.perron@hotmail.com
Capital Advisors Professional Group LLC -

Referral Network of Real Estate and Appraisal Professionals





REAL ESTATE NEWS

abridged from  Tolucan Times July 30, 2008

Family values and integrity lead the way for TEAM POLADIAN’S “next generation.” With guidance from veteran Tolucan Times columnist Aida Poladian, son Art Poladian, daughter Tamar Poladian-Perron Esq. and son-in-law J.P. John Perron, this family of professionals walks the walk.

“The most important elements of The Law Offices of Tamar Poladian are strength and fairness” says Tamar. “In my household, standing up for what is right comes first.”

Aida, an active broker, explains, “As a child, Tamar’s teacher said she defended classmates and resolved disputes. A natural mediator. Her membership in a school board, local police civilian committee, political party board, pet rescue group, a former judge tempore and now working within the leagal system, fulfills her promise.”

“J.P.” Perron embraces the philosophy. “Expanding my work as a licensed appraiser and real estate agent into expert witness and commercial property consultant, seeing the whole picture and ‘playing fair’ is a top priority,” he says. “Currently we are negotiating a $40 million offer for a confidential client - integrity and resolution are required elements of the deal.”

“Dealing with our family team includes the utmost propriety and confidentiality. Our celebrity clients demand it and we deliver,” proclaims Art. “When J.P. renders services to investors and Tamar represents her clients” he continues, “the family values that we were raised with are a package deal.”

In the sage words of Aida Poladian, “Team Poladian-Perron delivers family values, strength, resolve and integrity in equal measure. Whatever the need.”

Take advantage. Now is the time! Think of our network as a program – like working out - to keep you in solid financial condition. From first time homebuyers,  to seasoned investors expanding their holdings! Let us help you.

 

Give us a call at (626) 625-7123.



SCAM ALERT – FAKES, FIXES AND FLY BY NIGHTS

By J.P. John Perron, CDPE

It's that time of year again. Our mailbox is filling up with offers to save our home, plus official looking documents instructing us to mail a check for tax appeal reassessment because the "estimated market value" of our home has dropped over 70%. As a licensed appraiser, I realize that it is illegal to give estimated market value without a license. Not to mention that they claim a Tolucan home is worth only $216,000!!

One problem – these fly by night fakes do NOT have the appropriate licenses. The authorities' main line of defense aginst fake fixes is to suspend or revoke a license. Who can help defend us against fraudulent offers that falsely claim to "Stop Foreclosure" and "Modify your Mortgage" or "Reduce your Taxes"? The best defense is to always use professionals with a history of ethical practice. Ask to see a copy of their license – call the Dept. of Real Estate.

An attorney's license will be hanging behind their desk. An appraiser will be happy to supply a copy of their license BEFORE you pay a single penny. A veteran broker can proudly give you the history of the company – like Broker Associate Aida Poladian's 35 years at the same Toluca Lake location.

Oh yeah, these folks also have Errors and Omissions insurance to protect us - them and YOU!

J.P. John Perron CDPE Certified Distressed Property Expert  (626) 625-7123  

jp.perron@hotmail.com
Capital Advisors Professional Group LLC -

Referral Network of Real Estate and Appraisal Professionals


Introducing CAPITAL ADVISORS PROFESSIONAL GROUP, LLC

      Capital Advisors Professional Group’s referral network draws on the talents of qualified professional colleagues - each recognized as experts in their field – forming a personalized team that is just what you need in this financial market.

      Our service offers solutions.  A homeowner’s first choice is obvious - keeping the family home. That’s the main goal.

      Homeowners do have choices. Sometimes the best option is to move on – and a Short Sale is the best step  – and we go into action.

      Network member J.P. John Perron CDPE - owner of The Appraisers Office, knows the ropes. “First, we appraise the home and assess the market. Some clients will need to sell. That’s the reality.

 


OPEN LETTER TO HOMEOWNERS


CDPE© Certified Distressed Property Expert


“Give Hope - Call J.P.” 

 CONTACT ME FOR YOUR FREE REPORTS:

 *YOUR FIRST STEPS TO AVOID FORECLOSURE           
 *7 MOST DANGEROUS MYTHS                                    
 *FORECLOSURE VS. SHORT SALE                            
 *LOAN MOD REPORT                                            
 *3 MUST HAVE QUALIFICATIONS                     
 *BUYING IN A BUYERS MARKET                  

   As you most likely know, the housing market has caused and incredible amount of financial stress and heartache for a tremendous number of families in our area.  For many homeowners financial stress combined with the prospect of a possible foreclosure is just too much to deal with.  Nationally on average over 70% of homeowners who lose their home to foreclosure don’t appear to have done anything proactive to resolve their situation. 

I want you to be aware that I am a Certified Distressed Property Expert©. What this means is that I have made the commitment to help as many families in our area reverse this statistic.  No one should go into foreclosure and lose their home without at least looking at possible solutions. 



I have that knowledge and I am available to help families in need explore their options.  Many of these solutions actually allow families to stay in their homes and they are all at little or no cost to the homeowner.   

As a real estate professional I feel it is my responsibility to provide information to families who need it most.   I have created free reports that outline all of the solutions available to a homeowner that has fallen on hard times. 

If you or someone you know is facing a crisis call me now at (626) 625-7123


or email me at  jp.perron@hotmail.com  and it will be my pleasure to provide this information.  iscover your options.  GIVE HOPE!

         


                
J.P. John Perron CDPE , Broker Associate
        DRE Lic.#1821399
        Call direct (626) 625-7123

PS: In the US today over 250,000 families are losing their homes to foreclosure each month available. Call me at (626) 625-7123 if you or someone you know needs information and solutions or to attend one of our FREE weekly seminars.


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