WE HAVE THE EXPERTISE IN BUYING THE FOLLOWING BANK OWNED COMMERCIAL PROPERTIES:
- INDUSTRIAL WAREHOUSES
- MINI STORAGE
- COMMERCIAL RETAIL CENTERS
- OFFICE BUILDINGS
Francis & Company has been Buying Commercial properties for CA$H for over 25 Years. We have experience dealing with Banks on Foreclosure properties as well as many other sets of circumstances. As a local company here in Kansas City, we understand the difficulties a bank can face in these situations. As a Bank, getting a property back can present a number of challenges. First someone needs to review the condition of the property and determine a value so it can be listed for sale. Determining the value of a Foreclosure can be tricky. In many cases the property is left in poor condition; For Example, sometimes the wiring has been removed by the previous owner or the HVAC system has mysteriously disappeared. The property may be very dated or have functionality problems based on how the space was demised for a previous property owner or a tenant. Commercial Property can be very expensive in maintaining Commercial roofs, parking lots and store front glass. Taxes and Insurance are another expensive issue. We purchase BANK OWNED COMMERCIAL PROPERTY IN “AS-IS” CONDITION.. FOR CASH!
Many times this is the best and most profitable decision for the Bank. This gets the property off the Banks’ Books and revitalizes the Commercial Property again. If you have Bank Owned Commercial Property you want off your books, Give us a call today to find out how we can help.