Key Issues:
The financier introduced Aster to work collaboratively with the borrower in a proactive effort to sell the property before enforcement action was required. This approach allowed for a smoother resolution and helped protect the interests of all parties involved.
Outcome:
Aster Alliance worked closely with the borrower to obtain sales appraisals and actively managed the sales campaign, providing regular weekly updates to the borrower while keeping the financier fully informed throughout the process. This ensured transparency and alignment between all stakeholders during the campaign.