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re: Wells Fargo suspends new HELOC loans
Posted on 12/6/23 at 7:10 am to Ramblin Wreck
Posted on 12/6/23 at 7:10 am to Ramblin Wreck
quote:
The decline from banks has nothing to do with my credentials or property, they all stated they are no longer offering commercial building loans at this time.
Covid and the "work from home" movement has killed commercial real estate (at lease, office space/occupancy). I would not want to be trying to sell an office building right now .
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