Commercial Real Estate · Gay-Lynn Chavez & Francisco Williams, CCIM
Commercial property facing a loan maturity, default notice, or receivership?
Talk with Gay-Lynn Chavez or Francisco Williams, CCIM about your options. You may sell or refinance. You may ask your lender for a workout. A workout is a new plan with your lender for paying the loan. Your lender may sell the loan to someone else (a note sale). Or a receiver may sell the property. A receiver is a person a court puts in charge of the property. Free first call. No upfront fees.
What Happens Next · 1 – 2 – 3
How we help in 3 steps
We serve these seven Southern California counties: Los Angeles, Orange, Riverside, San Bernardino, San Diego, Ventura, and Santa Barbara.
Step 1: Tell us what's happening
You speak with Gay-Lynn Chavez or Francisco Williams, CCIM. We talk about your loan maturity, Notice of Default, or Notice of Trustee's Sale. Maturity is the date the whole loan comes due. It is also called a balloon payment. A Notice of Default is the first recorded notice. It starts the foreclosure clock. A Notice of Trustee's Sale is the notice that sets your auction date. If your loan has reached maturity, the rules are different. Catching up on missed payments may not be enough. Ask your lender and a lawyer of your own what you must pay.
Step 2: We review your options with you, in writing
We give you a written review of your options. It looks at a regular sale. It looks at bringing in new money from an investor or a new lender. It also looks at a short sale, a deed in lieu, and a lender workout. A short sale is a sale for less than you owe, with your lender's written approval. A deed in lieu means giving the property back to the lender instead of an auction.
Step 3: You decide; we coordinate the plan you choose
We work with your own lawyer and accountant (CPA). We market the property. We check out buyers. We handle the escrow steps before the sale date. Escrow is the neutral company that holds the money and papers until the sale closes.
Free First Call · Plain Answers, No Pressure
Request a free call
We need only your name and phone number. Gay-Lynn Chavez and Francisco Williams, CCIM help owners of homes and commercial property.
Co-Principals · Residential & Commercial
You talk directly with our co-principals. Both work on homes and on commercial property in Southern California.
- Gay-Lynn Chavez — Co-Principal · Residential & Commercial · DRE #01433767 · Broker: eXp Realty of California, Inc., DRE #01878277 · (562) 858-7065 · GayLynn@chavezgroupusa.com · Chavez & Associates
- Francisco Williams, CCIM — Co-Principal · Residential & Commercial · DRE #01979442 · Broker: Exp Commercial of California, Inc., DRE #02134436 · (213) 880-8107 · Francisco.Williams@williamscap.ai
We are real estate licensees, not a law firm, and we don't give legal or tax advice. If you need legal advice, we can refer you to an independent attorney.