The housing market is bad. Commercial property values aren’t much better. At this point in time, it’s just not worth it to take out an equity loan on your property. Instead you should probably wait. Give people time to buy commercial property or invest in land while it’s affordable to do so. Then as your property value begins to return to where it once was and could be again, that’s when you fill out your equity loan application with a commercial lender. In the mean time if you were going to use that loan to acquire more office or warehouse space, consider RDS Real Estate. We can provide a short term lease on office space or industrial property that may be just what you need for right now. Contact us to learn how a commercial agreement can help you until your property values return.
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