Challenges making new loans, difficulties with loans in progress, and projects that may stop; restrictions imposed under Covid-19 and the related downturn bring out some “worst case” scenarios.
The right decisions will spell the difference between recovery and loss. Construction draws, stop notices, title and hazard insurance coverage, modifications, forbearances, and protection of your lien priority may require different handling in today’s environment.
Get input and ideas with the specialized experience of three attorneys and a lender/practitioner. Invest 59 minutes and “build up” your critical knowledge.
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