There have been estimates made too to show that the commercial loan market is suffering. Figures showed that around $2 trillion in commercial real estate is coming due by 2013, but are not eligible for refinancing due to the downtrodden economy. In these scenarios, business and property owners will be facing a big challenge with regards to keeping their businesses stable. This is so because lending institutions will continue to press them down with their payments.Loan modification programs seem to be a good option for those who do not qualify for refinancing. But what if this doesn’t suit the current financial situation? Then, the owner might want to consider the next possible cost effective action: commercial short sale. This allows the owner to sell his property at an amount less than the actual mortgage loan balance. Although this is the case, it is still seen as a good alternative to avoid foreclosure. However, the owner has to prove to the lender that he is indeed in financial distress. This alternative has its drawbacks but considering the damage that a foreclosed property would effect on one’s credit standing, this becomes the owner’s better choice.Where to get help for this short sale is the next thing to consider. The debtor can actually seek the help of a real estate agent who is adept in short sales. He can help in determining whether the borrower will really profit from this action; and secondly, in putting the property in the market or by introducing the owner to potential buyers. He can also opt for a third party commercial loan workout firm along with a tax adviser. They can assist in ensuring that borrower don’t get charged with a large amount of tax when paying the balance between the outstanding balance and the amount coming from the short sales. It is always wise to know what it takes before proceeding with the sale.