Post on 07-Aug-2015
© Western America Commercial LLC. 2009. All Rights Reserved. The information herein is subject to change without notice.
Cash Call ResultsOctober 26, 2009
© Western America Commercial LLC. 2009. All Rights Reserved. The information herein is subject to change without notice.
© Western America Commercial LLC. 2009. All Rights Reserved. The information herein is subject to change without notice.
Avoid Foreclosure: Ongoing Cash Call Required
© Western America Commercial LLC. 2009. All Rights Reserved. The information herein is subject to change without notice.
Cash Call Estimates over Two Years
• Bite the bullet ($375K)• Accept the lender’s modification terms ($236K)• Seek alternative modification ($120K)
– Refuse fees, costs– Refuse interest deferral– If unsuccessful, allow foreclosure
• Allow the property to foreclose ($0)
© Western America Commercial LLC. 2009. All Rights Reserved. The information herein is subject to change without notice.
Cash Call Underway Over Past 9 Months
© Western America Commercial LLC. 2009. All Rights Reserved. The information herein is subject to change without notice.
Pattern of Payment
• $12K monthly Feb - July• $15K monthly Aug – Present
• Total call through Sep $102K• Paid call through Sep $87K (82%)
© Western America Commercial LLC. 2009. All Rights Reserved. The information herein is subject to change without notice.
Cash Call Pattern
$8,000
$9,000
$10,000
$11,000
$12,000
$13,000
$14,000
$15,000
Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
Total Call Total Paid
© Western America Commercial LLC. 2009. All Rights Reserved. The information herein is subject to change without notice.
Participating Co-Owners
0
2
4
6
8
10
12
14
Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
Participating Co-Owners