More info…

Ways To Minimize Risks In Your Commercial Real Estate Investment

When you invest in a commercial property, you all hope that the property value will go up and the income will continue to increase. However, you also have to plan for the downturn too. There are ways to minimize your risks when you invest in a commercial property:

1. Choose a property with multiple tenants instead of single tenant. This will spread out the risk as you don?t put all eggs in one basket. When a tenant terminates a lease, you will potentially just lose a portion of the total income. It?s also easy to find a tenant looking for a small 1000 SF unit.

2. Choose a property with long term leases over month-to-month leases. Month to month tenants can move out with short notice when their businesses go down.
3. Avoid having most of the leases expire at the same time. That way in the worst case, you will not have to face with a scenario that the whole building is vacant.
4. Choose brand-name over no-brand tenants when you have a choice. Leases from brand-name companies like Walgreens, Subway, HR Block are sometimes guaranteed by the corporations. So when they have to shut down the store, the corporations will continue paying rents. According to statistics, brand name tenants are more likely to be in business next year than non-brand name tenants.
5. Ask for lease guarantee. When a tenant is a small corporation, ask the owner of the corporation back up the lease with his or her personal assets. This way you are more likely to get your rent paid during bad times.
6. Have a mixture of tenants with different businesses. For example, you don?t want to have 3 barbershops in a shopping center as they will compete against each other and take the other out of business. When the economy slows down, it may affect a certain industry. By having tenants with different businesses, you reduce the chance that the economy affects most of your tenants.
7. Request seller for rent guarantee. When you purchase a commercial property that is not 100% leased, ask the seller to provide a 12-month rent guarantee for vacant units. That way you have up to 12 months to look for tenants.
8. Invest in a stable and growing area instead of a declining area. Your tenants are more likely to do well and have money to pay you the rent.
9. Invest in an area with strong income. The median household income in the US is about $46,000 per year. So if the area has median household income of only $28,000 per year, it?s likely a rough area with lots of graffiti?s. This is a risky area to invest.
10. Choose triple-net leases over gross leases. Maintenance is something varies from year to year. On the triple-net lease, the tenant is responsible to reimburse you with all the expenses so your net income does not fluctuate.
11. Avoid property that has chemical. If you are an investor looking for a passive investment, you should avoid gas station. When there is a gas leak, the soil is contaminated. You won?t be able to sell the property as no lender will provide financing.

Texas Real Estate

Brigantine NJ homes

agent in texas

Quick Turning vs Speculation in Commercial Real Estate

Understanding how specific investment strategies can affect your entire commercial real estate process. A popular topic of commercial real estate is what is known as quick turning. The media has caught on to this phenomenon and generalized it. Many of the things you may have heard about quick turning are not as simple as they make them look. The general public has confused the arena of quick turning to include simple speculation. While the differences may not be apparent at first, if we delve deeper, there are several key variations.

The first way to look at speculating is that it is performed by the absolute amateurs in real estate. This is not what an experienced commercial property investor would ever do. Now, I?m not going to say that a speculator can not make any money, because they sometimes do. However, if they do, their success is more related to luck than anything. Their success depends on which market that they invest in and the timing in which they invest. Making money to the speculator is much more a game of chance than the expert investor.

The media as a whole has made the quick turning professional look like someone who is simply shooting in the dark. They make them appear to be rolling the dice and hoping for the best. In reality, this is simply not the case. Quick turning is almost a scientific process. There are specific criteria that must be met in order to succeed. If the criteria are not in place, the deal doesn?t happen. With the speculator, they very well could make a bad deal. They may not follow the same set of strict criteria that the quick turner does. It is important not to group these two very different investors together. The big difference is that speculation works in some markets at certain times of the year. Quick turning will work in any market and at any time. There are systems in place that ensure their success.

Quick turning strongly relies on fundamentals. This is why it is successful in every market. You can?t simply buy a great property in an appreciating market and hope that it will go up in value. In order to succeed in quick turning, you must find undervalued properties. This is the absolutely critical first step in any quick turn deal. You figure in the profit from the beginning. This is before you even purchase the property. The ARV (after repaired value) is assessed before you buy the property. The repair costs are also estimated beforehand. This will help to control the costs throughout the process. With these estimates in hand, a wise financial decision can be made. There is really no guesswork involved. After these estimates are made, if the profit isn?t high enough, you move on to the next property. Don?t even get involved. The speculator, on the other hand, may decide to try it anyway.

The experienced investor will take the undervalued property and improve it considerably. They will do their research and determine which repairs are the most profitable. Don?t sink your money into repairs and upgrades that will not improve the overall value of the house. Try to add a few ?sizzle? features along the way. This will help the appearance of the property. The property will be presented in an attractive manner, once it is ready for the market. These factors make it more difficult to find a good deal in an active market. You can?t just settle for any property. This is why you will have to be patient in certain markets. The property you need will eventually surface. Just don?t rush into a deal under any circumstances. Make sure that the property is priced below market value. As many investors know, the money is made when the property is purchased, not when it is sold. Keep this truth in mind while looking for viable investment properties.

After a quick turn has been performed, there are several exit strategies available to the investor. Each one can be effective in different circumstances and markets. Some investors will simply flip the title to another investor quickly and make a modest profit. This is usually the fastest way to get in and get out. However, this is usually the least profitable in the long run.

Another option is to wait and sell the property at full retail value. If you are patient and don?t mind hanging on to the property for awhile, this is a good option. You managed to take a run-down property and get it back up to par. Therefore, a buyer should be willing to pay full price for it. It is no longer an undervalued property. This will usually provide more profit that the first option, although you do have to hold onto it longer. You also will have to go through the trouble of putting it on the market. Sometimes, this can take more time than you want to get results. If you choose this approach, be patient and you will be rewarded.

The last common strategy is to simply hold the property and rent it out. Sometimes, investors get forced into this strategy by necessity. If a quick turn deal goes south, you can always rent the property out in the meantime. This can create a great cash flow for you. While you may not have been planning on being a landlord, it can pay off nicely. Another benefit of this approach is that the longer you hold the property, the more appreciation will be working for you. You can get the rent money and when you do sell, the property may be worth even more. If you need to, refinancing is also a good option in this case. You can rehab the property and then get the money out through refinance.

Quick turning is a great way to profit in commercial real estate. Just don?t confuse it with general speculation. Quick turning will work in every market. Stick to the guidelines that you set upfront and do your research. You really can?t go wrong.

Ottawa foreclosures homes for sale

Texas Real Estate

find condos for sale in texas

More info…

Enchanticals posted a photo:

I collect carpet balls. My other carpet balls are displayed on my Flickr photostream and under my group set, Having a Ball.

This one was a gift. It is made up of two different colors of leather. The thing that bothers me is that it is leather.

Being an animal lover and active, nonviolent, animal rights person, as well as a vegetarian, I believe animals deserve better than to be made into carpet balls.

But, his heart was in the right place. His head was just loose. Hahahahahaha!

For my Flickr groups

Where to Locate Potential Commercial Real Estate Deals

Locating potential commercial real estate deals can be the most important aspect of commercial real estate investing. In fact, without solid deals, you do not have any property in which to invest. It is really necessary to find the best deals you can so that your invested capital is maximized in its return.

When you locate only great deals, you can do fewer deals per year and make an exorbitant amount of money. Great deals are characterized by a return that equals three to four times the amount of your investment. However, if you find only average deals, the return per deal can be considerably less, causing you to either not make as much money, or do more deals per year. It takes the same amount of work and identical processes for each deal, so you might as well do less work and see a greater return.

You must use trusted and solid resources to locate your deals. Although there are many options to find properties, as they are available in every city and state, you must use resources with updated and accurate information. Below you will find the best resources to assist you in finding deals. You can use each resource to locate the properties that fit within your property investment criteria. Some resources may work better than others, depending on your area of specialization.

One of the best and most common places to find commercial property is through commercial brokers. This would make sense, as they are the ones who actually have the properties listed. You can go to them with a criteria sheet or specific information on the type of property you would like to purchase.

You can find brokers on a local or more widely spread basis, even going as far as calling brokers in other states. Most will be more than happy to call other brokers and find listings that best fit your criteria. They will bring you properties as they become available.

Another great advantage of a commercial broker is their ability to find pocket listings, or listings that are about to go on the market, but have not yet officially been listed. You can get a jump ahead of the competition and find excellent deals. Get in contact with a few brokers every day, and watch targeted properties roll in!

Another place to locate properties is on the internet. There are many sites that have hundreds of commercial properties for sale ranging from raw land to large retail and apartment complexes. These sites have information on both the property and the broker, so you can easily get in contact with the broker and learn more about the property. You can filter the information as you see fit, usually according to your specific criteria.

One of the best sites is Loopnet.com. This site houses hundreds of brokers all over the United States who post their many listings. You can filter through deals very quickly and reach a larger audience than you would in just your own community. Your ability to build contacts also increases with so many brokers and agents at your fingertips. I urge you to check out these commercial real estate sites and see what deals you can find.

Auction houses are great places to locate properties of all conditions and types. Many times you can get excellent deals on properties that you may otherwise have to spend a lot more for if they were listed with a broker. You can get on mailing and e-mail lists of different auction houses so they notify you of properties that will be going to auction. This allows you time to investigate the property as an investment, before the actual bidding day.

Auction houses also sometimes provide the option to purchase a property at a certain price before it goes to auction. You never know what opportunities will come along, so it is a good idea to stay in contact with several auction houses to be privy of the properties moving through their hands.

Although there are many ways to locate deals, these are among the best offered to the commercial real estate industry. The properties are abundant, and contacts can constantly be made, allowing for an ease of influx of other possible deals. A secret in this business is that the more contacts you have working for you, the more opportunities will be brought to your attention.

If you are working locally, and using only local resources such as newspapers, listings, and magazines, I urge you to use these other options. You can find local deals this way as well. It might even give you incentive to move out to your comfort zone and into areas where you will find even more opportunities.

Use these resources- commercial brokers, internet commercial real estate sites, and auction houses to find targeted, up to date, and numerous properties that could possibly bring your next big commercial deal!

Texas Real Estate

keyless remote

find properties for sale available in texas

The appraisal will look at things like the age of the home, the condition of the property, and the condition and values of other pieces of property in the same area.

What “Location” Means In Commercial Real Estate

People often say there are three things that determine the value of a
property: location, location and location. Location is also an important factor
in commercial real estate investment. For retail properties, location is the key
as a lousy business will be successful it is at a good location. When a
commercial property is at a good location, it will attract tenants to the
property and retain them there. It will also attract the customers of your
tenants to the property. As a result, you as the owner of the property can
demand the higher rent & price for the property. So how do you as an investor
determine if the property you would like to invest is at a good location? Look
at the property and see if the property has these features:

1- Near major roads and freeways: This provides easy access to the property so
the customers of the tenants can quickly and conveniently drive to the property.

2- Near busy street with high traffic volume: Commercial listings often mention
the traffic volume in term of Cars Per Day (CPD). More traffic means more
exposure of your tenants businesses to more potential customers. This is free
advertising to your tenants. The traffic could also be foot traffic. For example
retail stores at Pier 39 in San Francisco benefit from the high volume foot
traffic from the tourists.

3- Near anchored tenants: Big retail stores like Wal-Mart, Albertsons, Home
Depot instantly bring lots of customers to their stores. So if your commercial
property is near an anchored tenant, it will benefit from the high volume
traffic.

4- At an intersection: This will give the property more visibility as it has
more frontage feet. If the property is located at a signalized corner then it?s
even better. As cars stop at the traffic light, people in the cars will notice
the stores in your property. The traffic light is also an indication the
intersection has more traffic.

5- Near local amenities: Stadium, college, big shopping mall and hospital will
bring more traffic to the shopping center. Doctors always like the medical
building near the local hospital as it is convenient for them and their
patients.

6- Easy to make left turn: The property should have ease of ingress and egress.
If it?s hard to make left turns, shoppers will less likely come to the shopping
centers. And thus it makes the property less desirable to the tenants.

7- Easy to find a parking space: People don?t like to go to a place where they
cannot find parking spaces. Commercial property must have at least 1 parking
space per 1000 square foot of leasable space. It?s more desirable to have 4-6
parking spaces per 1000 SF. The width of parking space is also important. Who
wants a ding on the door after a shopping trip?

8- Signage: Signage is an important part of a commercial property. Customers
often look for the name of the business rather than the street address. A large
and tall monument sign in front of the property with the names of the businesses
in the property is always desirable.

9- Able to attract and retain tenants: Your tenants will look for a building and
neighborhood that are appealing to them and their customers to determine if they
should sign or renew the leases. So quality of construction, property condition,
landscaping, the appearance of the building and surrounding area are all
important factors to keep the property 100% leased.

10- In a stable or growing area: You want to invest in an area where population
has increased. Review the demographic data in the property brochure to see

• How many percents the population has increased in the last 5-15 years.
• How many new homes have been built in the last few years.
• What the median income in the area is within 1-5 miles radius from the
  property

All these things will give you a picture if the town is growing.

Texas Real Estate

Real Estate for sale byowner

find homes available in texas

The Importance Of Commercial Real Estate Professionals

Commercial real estate is a highly profitable industry where many people dedicate their lives. Like the many divisions of a Fortune 500 company, the commercial real estate industry has many opportunities for those with professional educations and interests. Some professional interests may include legal counsel, accounting, finance, development, building and investing. When it comes to the commercial real estate industry, these professionals are highly specialized in their knowledge and perform amazingly well within their boundaries.

These highly specialized professionals are often grouped together in teams by commercial real estate investors. A savvy investor surrounds him or herself with competent professionals to make sure that every deal that is made yields the highest most profitable results, with little to no problematic factors.

If you look at the residential investor, however, he or she usually does not have a huge team surrounding him or her and can usually invest in a few homes at a time with ease.

Why is it that the residential investor does not need a full time team to look watch over and consult every deal prior to purchase? Beyond the obvious reason that residential real estate does not involve nearly the millions, tens of millions, hundreds of millions and even billions of dollar price tags and profits that commercial real estate is known for, there is another very important attribute of commercial real estate that separates it from residential real estate.

This attribute is characterized by a term known as ?buyer beware.?

We all know that with most residential real estate, the buyer must be disclosed of every aspect of the property- good or bad. For example, if the roof was leaking in a home, but it was summer so the purchaser may not necessarily find out until rainy season, then the owner or agent must disclose this fact to the purchaser. It is illegal for the owner or agent to withhold any information from the purchaser. This law greatly decreases the risk on the purchaser?s behalf and if a problem arises that was not fully disclosed at the time of purchase, then the purchaser could receive his or her deposit back and the owner and agent could suffer penalties.

In residential real estate, the buyer does not need to beware (in this sense) because every detail must be disclosed so he or she has the absolute facts on a property before deciding to part with a down payment or take out a mortgage to purchase the property.

The opposite is true in the commercial real estate industry. The owner or agent does not need to disclose any information about the property to the purchaser. In fact, if the new owner discovers that the land he or she purchased is toxic, and the previous owner or agent said nothing, it is the new owner?s responsibility to have the land cleaned. The new owner must pay all legal and cleaning bills that come along with toxic property.

This may seem rather unfair. Why should the residential real estate industry have full disclosures while the commercial real estate industry does not? In commercial real estate, you have a certain amount of time prior to purchase to perform due diligence, or a complete analysis of the property. This may include building inspections, soil tests, infrastructure analysis, financial analysis etc. The buyer is completely responsible for retrieving the facts on a property.

It is considered an open and free market so, ?buyer beware.? There is a lack of need to protect the buyer or seller by the law. Therefore, it is increasingly important to have commercial real estate professionals looking out for the commercial real estate investor at every turn.

Because the law does not protect the buyer, the buyer must protect his or herself. Legal counsel should be brought in to oversee every single deal. This includes conditional statements on a contract and performing the most in-depth due diligence one can possibly do. Commercial real estate is not something you can look at for a few weeks and then decide you want to purchase like a home. It can take 45, 60, 90 days and more to perform due diligence, depending on the purpose of the property and how complicated the property is.

Let?s look at an example. Purchaser A wants to purchase a property from Seller B. The property is raw land and is currently zoned R-1, or residential lots one lot per acre. According to the agent, there is a good possibility that the city needs additional commercial land to balance out the additional homes and apartments that were recently built near the subject property. For this reason, the city may be interested in rezoning the land from R-1 to commercial.

Purchaser A can see the profit potential of this rezone and wants to purchase the property. Purchaser A lets the owner know that he wants to purchase the currently zoned R-1 property. Purchaser A is acting in good faith that the property will be rezoned to commercial. But just in case, Purchaser A includes a conditional clause that states that if the property cannot be rezoned to commercial, then the contract is null and void. Purchaser A will no longer have a liability toward the property and owner.

This was an intelligent move Purchaser A made because in this case, the property could not be rezoned to commercial. Instead of sitting there with a much less valuable R-1 zoned property, Purchaser A was left with no property at all, but no financial or legal problems either. And that is far better than a worthless property and a legal battle to contend with.

Every commercial real estate deal is extremely different. Buyer and seller personalities, the quality of due diligence, the integrity of the buyer and purchaser, the financial needs, and skills of professionals such as the escrow company and commercial real estate owners all play a huge role in how each deal results. The best and most sound advice I can give you is never take what you hear for face value. Verify every fact and have your commercial real estate professionals available at every turn. The information they can conjure can save you a lot of money and legal headaches by simply getting the facts verified and inserting conditional clauses in the contract.

If you are new to the commercial real estate industry, realize the rules are a little different and a lot more is at risk than in the residential real estate industry. Keep the ?buyer beware? mentality alive at all times and allow professionals to do their jobs. That is what they are there for. Surround yourself with the best and you will quickly become the best.

Now that you have had a chance to look at ?buyer beware? and how it plays a specific role in both the commercial and residential real estate industries, you can greatly appreciate the additional risk in doing commercial real estate deals as well as the importance of solid commercial real estate professionals working in your best interest. Without them, there would be far more problematic deals- and that is exactly what you want to avoid.

About the Author:

Tony Seruga, Yolanda Seruga and Yolanda Bishop of http://www.maverickrei.com specialize in commercial and investment real estate. As of May, 2006, they and their partners are managing over $600 million dollars worth of new projects.

Texas Real Estate

Hawthorne CA Real Estate

condos online in texas

More info…

Commercial Real Estate Mentors

Coaching You to the Next Level

I want to take a bit of a side-trip from my usual hard-hitting commercial mortgage loan and investment property advice. I had the opportunity to spend a few days at the Pacific Life Open tennis tournament in Indian Wells, California last week while on vacation and noticed a minor, but significant change in the rules. The change was minor in that the players were allowed to ask for a time out to spend time with their coaches between sets. It was significant because the opportunity to speak with their coaches helped several players turn their games around.

For those of you not familiar with the rules of the Association of Tennis Professionals (ATP) coaching during a match was, until recently, against the rules. In fact, a player could be penalized points during a match if the umpire felt that he or she was getting verbal or non-verbal coaching tips during a match.

I point out this concept of ?coaching? because it has implications in commercial real estate investing.

Have you ever stopped to consider why the best sports figures and Fortune 500 CEOs hire coaches? On the surface it doesn?t make sense. These people are the best in the world at what they do, so who is realistically going to be able to help them get even better? Well, as I?m sure you already know, the reason that they are the best is because they have coaches. Coaches provide several things for those at the top of their profession and those seeking to improve their performance:

1. An external, unemotional perspective to help the one coached see things that they can?t perceive about their performance.

2. Information on new aspects of the profession or related professions to help increase performance.

3. Networks of other professionals who can help in areas where the performer is weak.

4. Experience from their past challenges, helping the one coached move ahead faster.

So what does this have to do with commercial real estate?

Whether you?re just starting out or are a seasoned development professional, I can guarantee that you?ll get better if you enlist a commercial coach or coaches to help you grow. So where can you find a commercial real estate investment coach?

Let me note that we will soon release coaching programs for investors and loan agents who want to break into and excel in the commercial side of the business (email us here for more information: Coaching@InvestmentPropertyInsider.com). However, until those coaching programs are up and running, here are some suggestions on finding and using a coach to help you get better at investing faster:

1. Consider a retired commercial developer, investor, or real estate agent. You could check with a local commercial real estate office to ask if anyone is retiring soon or has recently left the business. Approach them with the concept of becoming an apprentice and giving them a piece of your profits. They might just enjoy passing on their wealth of experience.

2. Check with a local S.C.O.R.E. office to see if there is anyone who has experience in the commercial real estate investing or development businesses. S.C.O.R.E. is a non-profit business resource group and can be found at www.SCORE.org.

3. Do you know anyone in the business that is already successful? Approach them with the idea of becoming an apprentice, but be very mindful of their time when you do. Again, consider offering them some of your profits as compensation.

4. Consider a personal or business coach for hire. There are a lot of people in this business and some of them are very good. I?d caution you to be very careful whom you hire, however. You?re looking for a specialized type of coaching here, more than the generalized life coaching that a lot of these people offer.

I would suggest a few other points in selecting a commercial real estate coach:

1. Make sure that they have actual experience in commercial real estate investment, sales, or lending.

2. Hopefully they will provide you with access to experts in related fields to help you understand all aspects of the business.

3. They should allow you to access other investors so that you can network, share resources, and benefit from each other?s experience.

4. They should provide an archive of useful information, resources, and tools for your benefit, accessible at any time you need.

As I mentioned, having a coach handy helped several players turn their matches around to advance to the next level at the Pacific Life Open. You should strongly consider your own coach to help you get to the next level in your commercial real estate game, too.

Texas Real Estate

Illinois Valley homes for sale

new houses in texas

More info…
Here is a translation of the Federal Reserve’s surprise rate policy statement.

Correcting the Commercial Real Estate Industry

The real estate industry has experienced both periods of intense growth and periods of recession in recent years. Changes in tax laws, relocation of business due to technological changes and demographic shifts, and new practices by real estate lenders have all contributed to?and been affected by?these boom and bust periods.

In 1992, through changes to the National Banking Act and regulations governing savings and loan assets, the government sought to rekindle real estate investment. At about this time, opportunities for expansion in commercial real estate development appeared in the southern and southwestern areas of the United States. Office buildings with long-term leases to high-growth energy companies offered good tax shelters. Apartment buildings could be financed by housing-bond issues and offered other tax benefits. Obtaining a commercial loan during these times proved beneficial.

Through service corporations owned by the thrift institutions, savings and loans actively owned, developed, and managed real estate. Savings and loans also used joint ventures with developers to invest further in real estate.

Syndicates enjoyed a spectacular growth through the development of tax- shelter partnerships. Even properties that were poorly planned, developed, and managed could be profitable for investors when the losses were sold.

Troubles in the energy industry foretold the end of the real estate boom, however. After 1993, the industry began to slide into a recession. Office buildings and apartment complexes begun during the expansion found fewer and fewer tenants as the industry contracted. Rumors of tax reform slowed further real estate investment as investors waited to see whether their pass- through benefits would be lost. The losses came with the passage of tax reform in 1996.

Unable to lease their commercial real estate or generate tax-oriented sales to generate cash flow, developers began to seek abatements, or surrender their properties to lenders. Savings and loans lost a lot of money through the devaluation of real estate loans and the collateral supporting loans. Through the Resolution Trust Corporation (RTC), the federal government attempted to contain the losses associated with the failure of the Federal Savings and Loan Insurance Corporation (FSLIC) and much of the savings and loan industry.

Periodic overdevelopment of real estate may be unavoidable. The length of time necessary to acquire property, design and finance a project, and bring it to market practically ensures some mismatch of supply and demand. Some theorists believe that the expansion and contraction of real estate markets can be explained through the examination of periodic cycles; others trace waves of supply and demand that peak at different times. The key factor in all markets, however, is the real demand for space?rather than the demand for investment.

Although serious demand-supply imbalances will continue to plague various real estate markets well into the 2000s, in the long run a return to development driven by real demand and real profits will benefit the industry. The recognition that supply and demand do not work in tandem will help banks maintain their important role in real estate financing.

Texas Real Estate

Gumdisease San Francisco dentist

find land for sale in texas

More info…
of Refrigerator, Stove, Oven, Microwave, Bathtub and Sinks Bathrooms, Mirrors, Shower, Sinks and Doors. Vacuuming Rugs, Vacuuming and Dusting Furniture, etc

From Care.com - 16 Nov 2009 10:24:54 GMT - save job, email, more…

Cad Textile Design Carpet Rugs Woven - HCS Professional Recruiting - San Francisco, CA

A Textile manufacturing leader has an opening for a Mid-level Carpet Designer.

Job Duties:
The Designer is responsible for taking designs from concept to…

From Net Temps - 19 Nov 2009 16:21:04 GMT - save job, email, more…

Selling Commercial Real Estate By Maximizing Exposure

One of the hardest parts to selling commercial property is getting your property out on the market and seen by investors. Individuals and small business owners often find it hard to get the word out without spending enormous amounts of money. This article presents three ways to expose your property without shelling out lots of dough.

1) Put Up a Sign
Putting up a sign on your property is a good way to get local interest in your property. Many people are sometimes looking for property to move their businesses to but are not aware of the property around them and do not have the time to go looking. By placing a big visible sign on your property you can draw their attention and possibly get a lead. This technique is very effective if your property is located near a major road.

2) List Your Property Online For Free
There are many sites online that allow you to put your property online for free. One of the best free sites out there is CIMLS. This site allows you to list your property for free just by signing up for a free account. They have no restrictions on which listings can be searched as many of the other listing services have. Many times listing properties on these types of sites can get you exposure quickly without paying a dime. The sites also provide more marketing and advertising options for a little more money. Sometimes it is worth putting a little money into some ads if it means the difference between not having to pay a commission or not.

3) Put Your Property in Free Real Estate Publications
Many cities have free local publications that include real estate in the area. Contact all these types of publications and see if they allow you to add your property information for free. Since most are looking for free content to add to their publications they are usually willing to work with you.

If all else fails you may need to contact a broker and work with them to get your property sold. Many sites provide information on property brokers in different area. For example, CIMLS has a Find a Professional directory with lots of brokers throughout the United States.

Finally, don?t get discouraged! It can sometimes take quite a while to sell your property depending on the area. Continue to put your information out in publications and websites and keep on it.

Texas Real Estate

Torrance movies

land for sale online in texas

Commercial Real Estate Market in Florida

Florida commercial real estate market is showing signs of recovery after a brief quiet period following two recent hurricanes that struck the Sunny State. Commercial real estate for arcades and shopping malls is seeing a metamorphosis in order to adapt to the needs of the current-day shopper. Generally, real estate prices in Florida have consistently been showing an upward trend for the past couple of months. Florida commercial real estate re-sales are on the rise as well. The most eager of real estate buyers come from minority groups such as Latin Americans and Asians. Open-air commercial real estate is a new concept in Florida that is recently taking charge. Shopping centers are the typical applications of this real estate concept. Open-air shopping centers are a variation on group retailing. Hence, shopping centers constitute a core segment of the Florida commercial real estate sector. Enclosed malls are slowly relinquishing their dominance to open-air centers because of the distinguishing feature that open-air centers offer more retail space than traditional walled malls. Commercial real estate for shopping is thus manifesting novel trends. Adaptation is the key to survival in the commercial real estate business in Florida. Redevelopment of the commercial property is the most practical action that the property owners should do. Convenience and ambience are top factors that current-day shoppers consider.

For those who are looking for a commercial property in Florida, recognizing the type of business to venture into as well as the choice of desired location are two important things to consider. There exists a wide variety of commercial property types that clients might be interested in, from retail establishments to office spaces.

Commercial real estate properties are generally classified into two major categories, namely retail properties and investment properties. The category of retail properties covers shopping malls and shopping centers, chain store locations, franchise sites, retail shops and locations, and showrooms. The category of investment properties includes commercial rental properties, residential developments, net leased properties, office spaces, and business parks.

The categories for commercial real estate locations are high-tech property areas which include those for medical laboratories, research and development parks, and call centers; land brokerages, which cover sites allotted for industrial parks, waterfront properties, land tracts, and resort properties; hotel and resort property category, which are exemplified by locations for hotels, motels, stadiums, convention centers and theme parks sites; and industrial and distribution property locations for warehouses, airports and factories.

Despite high prices, Florida is generally an attractive place where one could start up a business. Florida offers a lot of potential sites to situate enterprises, and all of these have a high chance of creating substantial returns. Some areas that could stir your interest are Martin, Miami-Dade, Broward, St.Lucie and Palm Beach Counties in South Florida; Sarasota and Manatee Counties in Sarasota; Hillsborough, Pasco and Pinellas Counties in Tampa Bay; Fort Myers and Cape Coral area in Southwest Florida; Orange, Seminole, Lake, Polk, Osceola and West Volusia Counties in Orlando/Central Florida; Leon, Franklin, Jefferson and Wakulla Counties in the Tallahassee area; and Duval, Clay, Putnam and Nassau Counties in Jacksonville/Northeast Florida.

Whichever area particular you choose the attractiveness of this region to tourists and foreign investors ensure that obtaining a property in the Florida commercial real estate is something that will benefit you in the long run.

Texas Real Estate

For Sale By Owner

real estate texas texas

What “Location” Means In Commercial Real Estate

People often say there are three things that determine the value of a
property: location, location and location. Location is also an important factor
in commercial real estate investment. For retail properties, location is the key
as a lousy business will be successful it is at a good location. When a
commercial property is at a good location, it will attract tenants to the
property and retain them there. It will also attract the customers of your
tenants to the property. As a result, you as the owner of the property can
demand the higher rent & price for the property. So how do you as an investor
determine if the property you would like to invest is at a good location? Look
at the property and see if the property has these features:

1- Near major roads and freeways: This provides easy access to the property so
the customers of the tenants can quickly and conveniently drive to the property.

2- Near busy street with high traffic volume: Commercial listings often mention
the traffic volume in term of Cars Per Day (CPD). More traffic means more
exposure of your tenants businesses to more potential customers. This is free
advertising to your tenants. The traffic could also be foot traffic. For example
retail stores at Pier 39 in San Francisco benefit from the high volume foot
traffic from the tourists.

3- Near anchored tenants: Big retail stores like Wal-Mart, Albertsons, Home
Depot instantly bring lots of customers to their stores. So if your commercial
property is near an anchored tenant, it will benefit from the high volume
traffic.

4- At an intersection: This will give the property more visibility as it has
more frontage feet. If the property is located at a signalized corner then it?s
even better. As cars stop at the traffic light, people in the cars will notice
the stores in your property. The traffic light is also an indication the
intersection has more traffic.

5- Near local amenities: Stadium, college, big shopping mall and hospital will
bring more traffic to the shopping center. Doctors always like the medical
building near the local hospital as it is convenient for them and their
patients.

6- Easy to make left turn: The property should have ease of ingress and egress.
If it?s hard to make left turns, shoppers will less likely come to the shopping
centers. And thus it makes the property less desirable to the tenants.

7- Easy to find a parking space: People don?t like to go to a place where they
cannot find parking spaces. Commercial property must have at least 1 parking
space per 1000 square foot of leasable space. It?s more desirable to have 4-6
parking spaces per 1000 SF. The width of parking space is also important. Who
wants a ding on the door after a shopping trip?

8- Signage: Signage is an important part of a commercial property. Customers
often look for the name of the business rather than the street address. A large
and tall monument sign in front of the property with the names of the businesses
in the property is always desirable.

9- Able to attract and retain tenants: Your tenants will look for a building and
neighborhood that are appealing to them and their customers to determine if they
should sign or renew the leases. So quality of construction, property condition,
landscaping, the appearance of the building and surrounding area are all
important factors to keep the property 100% leased.

10- In a stable or growing area: You want to invest in an area where population
has increased. Review the demographic data in the property brochure to see

• How many percents the population has increased in the last 5-15 years.
• How many new homes have been built in the last few years.
• What the median income in the area is within 1-5 miles radius from the
  property

All these things will give you a picture if the town is growing.

Mobil Window Screen Repair

Texas Real Estate

new properties available in texas

More info…

matthewhall419 posted a photo:

What Commercial Real Estate Investors Should Know About Cap Rate

CAP rate or capitalization rate is the ratio of annual rental income of the property over the purchase price. This number is often shown on commercial property listings. So you must know this jargon if you want to invest in commercial real estate. It?s commonly a number between 3% to 10%.

For those who invest in the stock market, cap rate is the equivalence of the inverse of P/E ratio. So a cap rate of 5% is equivalent to P/E ratio of 20. The main difference is in real estate the earning is real while it’s accounting earning in the stock market where earning can be reinstated years down the road!

The higher the CAP rate the higher rental income the property produces and thus the less money you need for down payment. Experienced investors often look at the CAP rate to screen out properties with low rental income. Some investors prefer properties with the cap rate that is higher than the interest rate they pay for the loan. That way they know they collect more from the tenants than they pay the bank.

When the property has high vacancy rate, listing brokers often show proforma (or potential) CAP rate instead to catch investors? attention. Let?s use the following example to illustrate the point. A property is listed for $1M and is 90% leased. It has gross leases with an actual gross income of $90K/year and $30K of annual expense. Assuming the proforma income is $110K/year when it?s 100% leased at higher market rent. So 3 different listing brokers could display 3 different CAP rates for the same property:

? The first broker may use NOI (Net Operating Income) of $60K/year ($90K of gross income less $30K of expenses) and thus the net CAP rate is 6%. This broker calculates the cap the way it should be.

? The second broker may use the gross income of $90K and so the gross CAP rate is 9%.

? The third broker may want to use the proforma income of $110K to get investors? attention and thus the proforma CAP rate is 11%!

So as an investor, you need to know what CAP rate, e.g. net, gross or proforma the broker uses. Otherwise you may offer too much for the property. At the same time, when you tell your broker to look for properties with a certain CAP rate, make sure the broker knows what CAP rate you have in mind.

The returns of a commercial property investment come from 4 sources: appreciation, cash flow, i.e. cap rate, depreciation (tax writeoffs), and principal reduction from your mortgage payments. If you invest in the ?right? property, the biggest chunk of your investment return should come from appreciation. There is often a conflict between cap rate and potential for strong appreciation. Properties that offer potential for strong appreciation, e.g. newer properties or ones in good location tend to have lower cap rate. On the other hand, properties that are in poor condition, or have ground lease are much harder to sell. As a result, seller will try to attract the buyers with a higher cap rate. If you see a property with unusually high cap rate in California, e.g. more than 7%, you should ask yourself ?what?s wrong with this property?? Chances are you will find a compelling reason why it is so high.

Is the property with highest cap rate the ?best? property? The short answer is no. If investment was that simple, you would not need an investment advisor. Cap rate should be one of the various other factors you consider whether you should invest in a property. It should not be the only factor. Besides, you can improve the cap rate by

? Increase the occupancy rate.

? Raise the rent when the current leases expire.

? Negotiate for leases with annual rent increase.

? Bring in tenants willing to pay higher rent.

? Improve the property to attract more upscale tenants.

? Reduce the expenses not reimbursed by the tenants.

By doing so, you can increase the cap rate and consequently the value of your investment.

Malibu Real Estate

Texas Real Estate

real estate texas liings in texas

More info…

Posted To: MND NewsWire

The Federal Reserve today reported on their weekly purchases of agency mortgage-backed securities (MBS). In the five trading days between November 12 and November 18, the Federal Reserve purchased a total of $17.23 billion agency MBS. In those five days the Federal Reserve sold $1.23 billion agency MBS (dollar rolls) bringing net purchases to a total of $16.00 billion, $2.5 more than the previous, holiday shortened week. The goal of the Federal Reserve's agency MBS program is to provide support to mortgage and housing markets and to foster improved conditions in financial markets more generally. Only fixed-rate agency MBS securities guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae are eligible assets for the program. The program includes, but is not limited to, 30-year, 20-year and…(read more)

How to Grow Further in Tampa Commercial Real Estate Market

Art, history and recreation, these are some aspects that Tampa has to offer. Tourism and entertainment, these are where Tampa derives much of its local revenue. Tampa has wide variety of culture and has lots of recreational facilities such as attractive beaches, sunny environment and has even a good place for playing golf. Isn?t that amazing!

Tampa is a tropical city that has a lot of beauty to offer. Tampa, Florida is certainly a good place for business. A lot of corporate centers have relocated there business in Tampa which makes a big growth to the economy of Tampa. High quality and rich life are very much available for all of you who wanted to invest in Tampa. Actually, Tampa is a top choice; since Tampa commercial real estate has a lot of features and there are wide ranges of property types to choose from.

But I would say, for investors, purchasing commercial property like in Tampa is certainly not an easy task. Absolutely, you don?t want to put your money and investment into waste, right! So planning is very important. You have to do certain procedures in buying a commercial real estate.

A lot of investors, actually huge and enormous investors, think that the place has turned into one of the most expensive places for office sites and commercial spaces, that?s why they are wondering on how to have a great deal on leasing for their offices in Tampa commercial real estate. But you?re wrong, very wrong? Tampa commercial real estate market certainly offers the most affordable commercial properties in the US. Honestly, the owner of the commercial real estate can even demand high prices on office rents. You may be asking why that is so! They can demand high prices on office rents since all the amenities are provided for in site where the building was developed.

Tampa commercial real estate has the lowest interest rates and has an outstanding market to offer for relocation. The buildings are very much stable and will always be for the next more years to come. So, Realtors suggest that the commercial real estate market in Tampa will still be competitive selling market. Now, constructions will be a pat of the Tampa commercial real estate life, since it is continuously going strong and growing.

For new commercial investor, looking for sale commercial real estate in Tampa is just like doing the same process as looking for residential real estate. Tampa commercial real estate listings are available for you on the Internet and of course through the real estate companies. If you do not want to waste time on looking through the commercial real estate properties, you can use the help of a Real estate agent. Real estate agents can guide you with the listings and can help you limit your search to few great properties that will definitely suit your needs.

If you are planning to buy a Tampa commercial real estate property, so for sure you already have the parameters that you are assessing for, such as the size, the shape and the site of the property. You have to have listings of the things you want and need in your ideal property in mind. So the Real estate agent would now what is the appropriate commercial real estate for you that will surely fit your needs.

You have to look and make sure that you will have a real estate agent that works mainly in commercial real estate. That agent should now the area and f course the local real estate market. But, I would say do not be afraid to do research on your own. The more you have the idea, the more you can find a better agent. The better the agent, you better you will be.

For all the investors, a new one o even the huge ones, this is for sure the commercial real estate in Tampa will definitely provide you peace of mind. Owning and investing like the condos, retail, offices, buildings and the like, will absolutely be a dream comes true.

Cardiff by the Sea Real Estate

Texas Real Estate

new condos in texas

CT Commercial Real Estate

Eastern Connecticut leads the State in job growth and likely will continue for the next tens years. Economic growth in Eastern Connecticut is booming with major projects underway or proposed. Half way between Boston and New York and 30 minutes to Providence. Home to Foxwoods Resort and Mohegan Sun casinos, Eastern Connecticut is very similar to central Florida when Disney World opened.

Current Projects:

Utopia Studios: proposed $1.6 Billion movie studio, theme park and entertainment center. Expected to create 22,000 new jobs when the project begins in 2007. Once completed the Studio is expected to attract an additional 8 to 10 million visitors a year to the area.

North Stonington Studios: a $1 billion movie studio proposed by Frank Capra Jr., president of EUE/Screen Gems Studios in Wilmington, N.C., The project includes movie studios, an academy of arts and sciences, a high-end retail village with 20 to 30 shops and restaurants and a 200-room hotel on 488 acres near Interstate 95 in North Stonington.

Center of Excellence, Plainfield: proposed by Global Enterprise and Associates, the center, which will be housed in the old Plainfield High School on Route 12, will be home to three separate, but collaborative, businesses geared toward education, health care and entertainment.

Norwich Harbor Redevelopment: a $500 million 37-story twin condominium towers at the marina, an upscale theme park on Hollyhock Island, a retail plaza above Chelsea Harbor Drive and 100 high-end housing units where the Norwich Police Department now sits.

Wauregan Hotel Redevelopment: Downtown Norwich, preservation and adaptive re-use of historic 1855 Wauregan Hotel into 70 units of moderate income housing, 4,000 s.f. of /retail space, ballroom restoration, and 100-space parking garage. Completed by Becker & Becker of Fairfield, Connecticut.

Mohegan Sun: celebrating their ten years anniversary, Mohegan Sun continues to evolve. The Tribe has hired an architectural firm which is in the midst of developing a master plan for the casino resort. The Tribe also recently purchased a golf club and country club in Franklin.

Foxwoods Resort: $1 billion expansion will add 2 million square feet to the complex. The expansion, expected to be completed by 2008, will include a 825-room hotel, a new casino, a 5,000-seat concert theater, six nightclubs and restaurants, and a 21,000-square-foot luxury spa.

Storrs Center: a mixed-use town center and main street corridor at the crossroads of the town of Mansfield, and the University of Connecticut. Storrs Center Alliance, LLC, an affiliate of LeylandAlliance LLC, Tuxedo, New York, is the master developer. PROJECTED MIX includes
Market Rate Rental: 200-300 units, For Sale Residential: 400-500 units, Retail/Restaurant: 150,000-200,000 s.f., Commercial (office): 40,000-75,000 s.f., Civic and Community: 5,000-25,000 s.f.

Windham: retail expansion including Lowes, nearby Walmart, Home Depot, Sears and busy growing retail area. The downtown revitalization and growing arts district including the now open Arts School, Artspace, and Bridge of Flowers. Redevelopment of Nathan Hale and Hooker Hotel.

Killingly Commons: developer Ceruzzi Holdings, project for 470,000 sqft of retail space will serve the busy Route 395 corridor in Northeastern corner of the State. Leases have already been signed by Stop & Shop, Target, Lowes, Staples, Applebees, and McDonalds.

The State currently has generous tax incentives for developers and businesses in designated communities.

Enterprise Zone Program benefits can include: a 5-year, 80% abatement of local property taxes on all qualifying real and personal property that are new to the Grand List of the City/Town as a direct result of a business relocation, expansion or renovation project; and a 10-year, 25% or 50% credit on that portion of the Connecticut Corporate Business Tax that is directly attributable to this business relocation, expansion or renovation project as determined by the Connecticut Department of Revenue Services and as provided under section 12-217(e) of the Connecticut General Statutes.

Windham has been designated an Entertainment District, giving certain entertainment related types of businesses, as defined by statute, eligibility for full Enterprise Zone level benefits, if they complete an eligible project anywhere within the municipality. Within the Entertainment District any type of real property improvement is eligible for an enhanced property tax benefit.

Griswold , Killingly, Lisbon, Plainfield, Putnam, Sprague, Sterling and Thompson are towns of the Eastern Enterprise Corridor. Benefits for eligible projects in an Enterprise Corridor Zone are identical to those in an Enterprise Zone.

Investors continue to be active in the region, looking for
investment properties of all types. Especially in demand are net-leased properties with credit tenants, and residential income properties. The demand for warehouse and flex space continues to be strong with very little new supply coming into the market. Eastern Connecticut is expected to experience sustained growth for many years with a lot of activity in the commercial, industrial and retail real estate areas.

woodland hills real estate

Texas Real Estate

find homes available in texas

Another important thing for accurate home value appraisals is to provide a written list of your home’s features and current comparable nearby sale prices.

Mesa Area Single Family - Detached $549,000 9/16 11:39P
Address: 2520 N MESA Drive, Mesa, AZ 85201, MLS: 4232988 , Bedrooms: 9, Bathrooms: 5.50 , Building Size: 0 sqft, Year Built: , Listing Courtesy of: Arizona Regional MLS / Call Realty, Inc.

Commercial Real Estate: Asking the Right Questions

There are many “insider” commercial real estate secrets. One of the most important secrets is knowing the right questions to ask when investigating a commercial property investment. While I’m not going to cover all of the potential questions in detail, I will make you aware of some of the key issues. I’m also going to suggest some places to go for assistance.

Investing in real estate is a complex process. Unfortunately, far too many people jump into this complicated marketplace without the knowledge, training, and tools needed to be successful. It doesn’t help that we have hundreds of self-styled “gurus” selling the latest no-money-down-get-rich-in-three-minutes programs to confuse and demoralize the un-initiated when things don’t work out “as advertised.” These first-time real estate investors are often disappointed in the results they achieve and as a result, often abandon real estate investment entirely without realizing just how lucrative it can be.

Asking the right questions can greatly increase your probability of success, as can learning as much as possible about the world of commercial real estate. This is not an overnight process. One of the best place to start is to learn about your local commercial real estate market. In fact, being aware of the status of your local market can literally be half of the battle.

For example, when purchasing land it’s important to understand that the price of particular parcel varies according to a number of factors. These can include the relative abundance or scarcity of similarly sized and located parcels, the population’s growth trends for the area, and the proximity to good employers. Raw land buyers need to ask plenty of questions about such factors as local zoning laws, land use restrictions, utility easements, traffic patterns, other planned development, the permit process, and other issues. The answers to these questions can have a profound impact on the purchase price of the land and its final, developed value. Where do you go? Your city planning or building department is a great place to start, as is the local utility company. Also check in with a title company or active escrow company for contacts at the city and knowledge in their specialties.

These aforementioned factors are also important when it comes to buying existing commercial real estate, including retail, office, warehouse, and mixed use properties. Knowing the restrictions on building and use of property is essential to successful real estate investment, so investors need to learn where, how, when, and of whom to ask these questions.

One of the next best places to turn to for the answers is a commercial real estate agent, called a “broker,” familiar with the area in which you have an interest. You can even ask the broker representing a specific property. But, when asking your questions of a broker representing a specific property keep in mind that he or she is working for the seller of that property, not you. A local bank loan office or independent mortgage broker are good sources to consult for alternative opinions.

Investing in commercial real estate isn’t too different from investigating a crime scene. You need to ask tough questions and find the evidence to back up the statements. It can sometimes be a tough process, but asking the right questions will only increase your chances for a profitable transaction.

About the Author

WANT TO USE THIS ARTICLE IN YOUR E-ZINE OR WEB SITE? You can, as long as you include this complete statement with it: ‘Craig Higdon, “The Investment Property Insider,” works as a commercial mortgage broker. He publishes the weekly “Investment Property Insider” e-zine and blog, www.InvestmentPropertyInsider.com. Visit the blog and get a complimentary report on commercial financing techniques.’

Tempe Arizona homes

Texas Real Estate

properties in texas

More info…

Commercial Real Estate Developers Go Condo

If you drive down the street of many suburbs or pristine residential neighborhoods, it?s likely you will see people holding signs and waving. Whether they are dressed as clowns or just wearing shades, the human directional advertisers are trying to lead people to the many commercial real estate properties on the market today.

Converting apartment buildings

A growing number of commercial real estate developers are investing in old and new apartment complexes. They are converting the buildings into condominiums. Condo conversion became hot in the past two years as interest rates were low and so many people wanted the live the dream of becoming a homeowner. As the price of homes throughout the United States began to skyrocket, commercial real estate developers saw a need. People could not afford expensive single-family homes, but they could scrap up the money needed for a more affordable and smaller condominium. Taking advantage of low interest rates, a number of people purchased condos. But now, it?s a buyer?s market and a number of condos remain unoccupied. Some commercial real estate investors have decided to try to rent out some of the units until more buyers come onto the scene. If you are interested in investing in commercial real estate for the purpose of turning apartments into condominiums, do your research first. Find out whether the community already has plenty of condominiums or if it?s flooded with other investors. Find out how much people are spending on rent. If they can rent for less money than it costs to buy a unit, many people would rather rent, especially if it?s a college town or transient area.

Buying versus renting

If you are thinking about buying a condominium, make sure you find out what kind of fees you will be paying in addition to the mortgage, home owner?s association fees and taxes. Some communities have community development district fees, maintenance fees and fees for using the swimming pools.

Some of the hottest areas to invest in terms of commercial real estate include North Texas, Naples, Fla. and Tucson, Ariz. A growing number of commercial real estate investors are not just purchasing office complexes to rent out to tenants. Many tenants would rather own their own office suite rather than rent it out.

Finally, it?s a wise idea to invest in commercial real estate in areas where professionals can live close to their office. Many new subdivisions or master-planned communities are being built right next door to commercial real estate properties geared for the professional who wants an extremely short commute.

Texas Real Estate

Truck Frame Straightening

new estates available in texas

More info…

EarlWeikel.com posted a photo:

Brownsboro Glen is located off Chamberlain Ln in Louisville KY 40241. Homes for sale in the Brownsboro Glen neighborhood run in price from $170,000 to $250,000. Home sizes run 1800 to 3800 sqft. If you would like to see a list of homes for sale in Brownsboro Glen, please visit our website at www.louisvilleschoiceforhomes.com/mls.asp?searchid=6639 or
www.LouisvillesChoiceRealty.com We love to help, so call us at 502-641-4306 with any questions about Brownsboro Glen homes.

10 Tips on Financing Commercial Real Estate

If you are hoping to purchase commercial real estate property, then you are most likely going to need financing in order to do this. That is unless you were born fabulously and independently wealthy. There are certain things that lending institutions expect from those they are getting ready to summarily hand large sums of money to. Hopefully, the following tips will help insure that you get the best possible financing for your commercial real estate investment.

1) Make sure you have all the documents you need and that they are accurate and up to date. You need to have a solid business plan in place with facts, figures, estimates, and forecasts. Lenders are making an investment and taking a huge risk when dealing with commercial real estate. If you don?t have a business plan that indicates that you have put a great amount of time, effort, energy, and thought into your business, they are going to be less than enthusiastic about the prospect of taking that risk.

2) Have money of your own to invest in the property. For most commercial real estate investments you will need a down payment, closing costs, earnest money, and points that may be required. Banks want to share the risk not absorb it. By taking some of the risk upon yourself, you are actually lessening their risks while increasing their confidence in your ability to make good on your debt to them.

3) Have paperwork that shows the solidity of this property as an investment. You need to have your business plan, financial records, forecasts and projections, history of income on the property, and the appraisal of the property when you approach lending institutions. This lets the bank know that you take this venture seriously and that you are organized.

4) Come into the deal with a current appraisal of the property. This can make all the difference in the world. Even if the bank requires you to have another appraisal, it is a good idea to have your own appraisal of the property before you even make an offer on the property. An appraisal will provide you with and unbiased estimate of what the property is truly worth and it will help you determine what kind of risk you are really taking before you?ve put money on the table.

5) You will need financial statements for either yourself or your business. This is a no brainer, but you would be surprised by how many are really shocked when they are asked for this information. Banks are lending you a large sum of money they want to be assured that you are fiscally responsible and somewhat solvent.

6) Have an attorney who specializes in real estate investments go over everything with a fine-toothed comb. You need someone who knows the business and will be an aggressive advocate on your behalf.

7) Be absolutely certain that you can afford to keep your business operating and still make the payments on the business. If you can?t do this, or you aren?t certain of your ability to do so, then either now is not the best time for you, or this is not the right investment for you.

Check with your local small business administration and see what services they have available to first time business investors and/or small business owners. They have a wealth of resources available it would be a shame to miss out on a potential grant or low interest loan simply because you neglected to check with them from the start.

9) Negotiate. You do not have to take the first offer you get. Be an aggressive advocate for yourself and your business. Learn this skill early and it will serve you well in your business.

10) Check out several lenders and go with the one that offers you the best deal. Remember this is a hefty investment and an unfavorable loan could increase the burden greatly.

This is your investment in your future; protect it aggressively. These tips should help you get the financing that is so vitally necessary when purchasing commercial real estate.

Apply For A Business or Commercial Real Estate Loan using our FREE Loan Application - compare rates and contact multiple lenders. We have over 300 commercial, business and construction lenders as well as private equity groups waiting to help you. Best of all, GlobalBX is FREE!

? 2006 GlobalBX. All Rights Reserved.

Commercial Real Estate Financing - Get a Commercial Loan for business and commercial real estate! Compare rates and contact multiple commercial lenders for FREE at GlobalBX!

Texas Real Estate

Malibu homes for lease

new properties for sale in texas

More info…
934 sqft 3 beds 2 baths property in Wailuku, HI

Commercial Real Estate Syndication: Controlling the Property

We?ve been discussing the process of assembling groups of investors for the purpose of acquiring income producing commercial real estate. As we move to getting the property into escrow so that you can verify its suitability for investment, we need to look at keeping control of the property for sufficient time to complete your investigation.

Your goal is to control the property without risking any of your money. The Seller?s goal is to extract as much money as possible from you as quickly as possible to tie you to his property. So how do you structure your purchase contract to maximize your time while minimizing your exposure? Using well structured contingencies is the answer.

As the Syndicator of group investment, you need to perform a Due Diligence investigation of the property. This is essentially a verification of the statements made by the Seller as to the condition of the property, the status of the leases, the history of income and expenses, the state of title, the existence of natural and man-made hazards, and anything else that can affect the value of the property. It is acceptable to make your purchase (and your deposit) subject to your approval of all of these conditions. Stating these conditions in your purchase contract turns them into contingencies, since your completing the purchase is contingent upon accepting the all of this information as stated by the Seller.

There are two ?special? contingencies you?ll want in your purchase offer when you are creating a group investment. The first one is that you can cancel the transaction if you cannot fully subscribe your investment group in a specific period of time. Basically, if you fail to raise the money in time, the transaction is canceled and you get your deposit back.

The second is to allow you to vest the property in another name. This might be something as simple as ?John Doe or assignee? in the Purchaser section of a standard real estate contract. This is very important to your ?survival? as the Syndicator. It is this ability to assign your purchase rights under the contract to the LLC that gives you an opportunity for ownership in the group investment.

As a practical matter though, Sellers can get uncomfortable with lots of contingencies that have long removal periods and may wait for a faster buyer. An acceptable alternative is the use of an Option to Purchase. The Option gives the option holder (you) an irrevocable right to purchase the property in the time period specified in the option. Options also tend to be less ?expensive? that escrow deposits since no one is getting tied up in purchase contract. The downside for you is that your option payment is non-refundable. If you don?t purchase the property, your option payment (called ?option money?) is gone.

Options can range from a week to a year, although most fall into a 3 to 6 month period. It is also possible to pay a small amount of money for a shorter period, say a month, in what is often termed a ?free look.? Why it?s called a ?free? look when you?re paying a few hundred dollars for it is one of those time-honored industry oxymoron?s, but it probably relates to the relatively small amount of money for the short term option compared to the longer term ones.

Realistically, you would want to structure your option to have an extension period if you discover you want the property. Of course, you?d need to pay more money with each extension. Even when using an option, you?ll still want to have your contingencies in place when you submit the purchase contract. The difference is that you?ll have less time in which to approve of them.

So now you have the two methods in which you can control a potential investment property for sufficient time to complete your investigation and raise the money with which to purchase it. Good hunting!

Sarasota Fl Real Estate

Texas Real Estate

homes in texas

During a real estate appraisal, the appraise may take notes about obvious issues, however they will not test appliances, inspect the chimney or roof.

Commercial Real Estate Loans For Your Dream Property

Do you need money to buy real estate for commercial purpose? If yes, then just avail commercial real estate loan. Commercial real estate loan assists you to overcome financial hurdles. They allow you to procure large sum of money, which can be used to buy your desired real estate.

Majority of the banks, financial institutions and building societies provide commercial real estate loan. They are secured against the real estate (which is to be purchased). The borrower also has an option to avail commercial real estate loan from an online lender. It has been proved that online lenders can be a better option for the borrowers as it is fast and they can compare numerous commercial real estate loans quotes.

Commercial real estate loans carry competitive rate of interest. The lender determines the rate of interest on the basis of the repaying ability of the borrower. It is seen that more the lender gets satisfied with the repaying ability; better are the rates being offered by him. The lender offers two type of interest rate that is fixed rate of interest and floating rate of interest. And, the borrower can choose any of the type as per his ability and requirements.

Commercial real estate loans are also available to bad credit scorers. So, by means of making timely repayments, the borrower can improve his credit scores.

While availing commercial real estate loans, the borrower is needed to consider following points which are as follows:

? Thorough research must be conducted.

? The lender must be reputed and authorized.

? Repaying ability must be considered before borrowing funds.

? Terms and conditions must be thoroughly reviewed.

? Small prints of the loan deal must be taken into account.

? The borrower must try to make timely repayments of loan.

? One should be aware of the economic condition to get the right value of their equity on real estate.

In order to wrap up, it would be right to say that commercial real estate loans simplify the task of arranging large sum of money for your real estate.

Palm Springs homes

Texas Real Estate

tx townhome

Commercial Real Estate: Asking the Right Questions

There are many “insider” commercial real estate secrets. One of the most important secrets is knowing the right questions to ask when investigating a commercial property investment. While I’m not going to cover all of the potential questions in detail, I will make you aware of some of the key issues. I’m also going to suggest some places to go for assistance.

Investing in real estate is a complex process. Unfortunately, far too many people jump into this complicated marketplace without the knowledge, training, and tools needed to be successful. It doesn’t help that we have hundreds of self-styled “gurus” selling the latest no-money-down-get-rich-in-three-minutes programs to confuse and demoralize the un-initiated when things don’t work out “as advertised.” These first-time real estate investors are often disappointed in the results they achieve and as a result, often abandon real estate investment entirely without realizing just how lucrative it can be.

Asking the right questions can greatly increase your probability of success, as can learning as much as possible about the world of commercial real estate. This is not an overnight process. One of the best place to start is to learn about your local commercial real estate market. In fact, being aware of the status of your local market can literally be half of the battle.

For example, when purchasing land it’s important to understand that the price of particular parcel varies according to a number of factors. These can include the relative abundance or scarcity of similarly sized and located parcels, the population’s growth trends for the area, and the proximity to good employers. Raw land buyers need to ask plenty of questions about such factors as local zoning laws, land use restrictions, utility easements, traffic patterns, other planned development, the permit process, and other issues. The answers to these questions can have a profound impact on the purchase price of the land and its final, developed value. Where do you go? Your city planning or building department is a great place to start, as is the local utility company. Also check in with a title company or active escrow company for contacts at the city and knowledge in their specialties.

These aforementioned factors are also important when it comes to buying existing commercial real estate, including retail, office, warehouse, and mixed use properties. Knowing the restrictions on building and use of property is essential to successful real estate investment, so investors need to learn where, how, when, and of whom to ask these questions.

One of the next best places to turn to for the answers is a commercial real estate agent, called a “broker,” familiar with the area in which you have an interest. You can even ask the broker representing a specific property. But, when asking your questions of a broker representing a specific property keep in mind that he or she is working for the seller of that property, not you. A local bank loan office or independent mortgage broker are good sources to consult for alternative opinions.

Investing in commercial real estate isn’t too different from investigating a crime scene. You need to ask tough questions and find the evidence to back up the statements. It can sometimes be a tough process, but asking the right questions will only increase your chances for a profitable transaction.

About the Author

WANT TO USE THIS ARTICLE IN YOUR E-ZINE OR WEB SITE? You can, as long as you include this complete statement with it: ‘Craig Higdon, “The Investment Property Insider,” works as a commercial mortgage broker. He publishes the weekly “Investment Property Insider” e-zine and blog, www.InvestmentPropertyInsider.com. Visit the blog and get a complimentary report on commercial financing techniques.’

Texas Real Estate

Torrance homes

new new homes in texas

How to Start Commercial Real Estate

In my Commercial newsgroup and at seminars, people often ask me, How I start my career dealing from small to larger properties? The inquiry is frequently followed by a recital of how the depositor has tried and failed to acquire a bigger property or is uncertain of the steps needed to acquire larger revenue properties. Some have yet to do their first transaction and be unsure if they can initiate in commercial real estate without first acquiring smaller properties.

Realtors first start their profession by buying a rental house, then small flats or apartment building. More quickly, they capture their position in the market. The wall is when you are bank tells you they cannot give you any more single-family mortgages or that your range is outside their lending parameters.

It is a common aspect and a real trouble. Realtors have too big to transact with the residential lending individuals and they are like a man without air when it comes to know how to move toward the commercial side of the bank.

The other familiar aspect is that the realtors who deal in an income property deal, perhaps assumes the present mortgage or negotiates seller financing. The property proves to be a successful; the realtors fetch a nice profit, and then look for another deal.Why you feel easy when the first property proves difficult to reproduce. Then you ask, How to know the worth of the property? How to trust the seller that he is telling the truth about the cash flow? How to raise down payment? These uncertainties are irresistible.

The realtor wakes in the middle of the night setting problems in his dreams. When he wakes up in the morning, his eyes still fuzzy with sleep and sees in the alarm clock flashing SALE

Real estate is the best ways for everyday, people to build wealth. Real estate can create whatever life you desire, but it swallows you if you are not aware of what you acquired and how you acquired.

As we know, experience is a right one every body needed. I read the law of accidental consequences. Since life is uncertain, we never know what happen, but we can shrink the downside by forecast for the unforeseen.

Through many years, I have a great chance to see many plans come to reality. The deals I made turned out great profits and it fetches a good reputation in the market. Lastly, I learned that the higher attention paid, will bring success in our life at the end.hen you are just starting, trying to get superior, or even trying to get away, the job becomes easier through the lots of choices, when you have proper guidance.

Preferably, that guides you personally, leverages your strengths, and desires by avoiding your weakness. Shortly, strategy is defined as, A plan of action projected to achieve a particular goal. If we wish to have a particular outcome, then we must be eager to work, to think in all way before we begin. We should start the goal, by identifying it.

A four-intelligent point to investing To build considerable wealth investing in commercial real estate, you require time to think things through. Recognize that the real estate is generally is a kind of business where one can get rich lastly, and for that one requires planning, patience, and persistence.

Guiding without a strategy obtains an undesired result what we never think. How does such a strategy look like? It is easier than you may think.

Firstly, obtain your personal financial house. Adjust your financial dealings to serve your purpose of building wealth. Lacking capacity with an opportunity is an illusion one.

Then form criterion for assets type, size, and location. Each type needs a different set of skills and offers different levels of return. It is better to make the property fit to the investor, than trying to make the investor fit the property.

There is no general real estate market. By observing your local market you can identify the opportunities within your capacity to act on.f you recognized a possible transaction, learn perfectly to value a property based on its condition, your return necessities and borrowing power.

Finally, learn to develop the deals and make good offers. Prepare yourself not only to obtain the profits, but also how to invest the profit in a proper way. The best key factor of building wealth is Tax planning and asset protection.

The above four steps are the four modules topic in my new book, to Guide Commercial Real Estate. This book has been printed for the investor who failed and looking for another way around it. The book has been printed for the realtors who want to move to or start with bigger properties.

Texas Real Estate

Document Shredding

new homes online in texas

More info…

Posted To: MBS Commentary

Good Afternoon everyone. Today is Notification Day in the TBA MBS market… At this point, veteran MBS commentary readers are well aware of the events that unfold on "Notification Day". When the process I am about to describe occurs, we usually make a big fuss about it…sometimes we even issue an alert to scare the daylights out of everyone. HAHA sorry but its kinda funny to us! While that humor comes at your expense, it serves a purpose. If written the right way, an MBS ALERT can stick in your memory for months to come. Think back on the chaos that ensued on Black Wednesday. That alert got over 20,000 hits. Remember November 25, 2008? That is the day the Federal Reserve announced the MBS purchase program. The former alert stuck in our memories because rate sheets lost up to 200…(read more)

Indian Real Estate: Retail, Commercial Space Demand Fuels Real Estate Growth

The three primary segments of real estate development in India, with a focus on demand for residential, commercial and retail use is reported to be sustaining a strong growth in the realty sector, till at least the year 2010.

Reports released by Knight Frank, a global real estate consulting group say, the real estate segment in India is growing overall at an annual rate of 30%. Ranking India fifth in the retail sector from amongst 30-emerging global retail markets, Knight Frank predicts a 20% growth rate for the organised retail segment by financial year 2012, indicating the retail industry will witness over a Rs. 100-billion investment up to FY-10.

Presently, 30-million sq. ft. of available mall space in India is expected to increase to 100-million sq. ft. by FY-10. Of the total mall space to be developed, around 75% is in cities like Mumbai, Pune, Bangalore, Hyderabad and NCR. The rest will be in Tier-II and Tier-III cities of Nagpur, Ahmedabad, Chandigarh and Ludhiana.

And, over the next three years, 300-malls are to be developed in the country, with the Merrill Lynch report on real estate trends predicting malls in the five cities of Mumbai, Bangalore, New Delhi, Hyderabad and Pune to reach up to 250 in number by FY-10. Then too, recently, Reliance Industries announced its retail venture with pan-India footprint covering 1500-cities and towns that will involve an investment outlay of Rs. 25,000-crore.

In the commercial space segment, business opportunity is led by the unprecedented outsourcing activity in the country that in turn is driven by Information Technology (IT) or IT-enabled services. Many global firms are setting up back offices and outsourcing their work to India. According to research carried out by Knight Frank, as the trend gathers pace, commercial space requirement will expand to 100-million sq. ft. by FY-08. Of this, almost 75% to 80% will be contributed by the IT / ITES industry.

Industry feedback and business associations indicate that a large number of firms have evinced interest in setting up special economic zones (SEZs). Growth in this sector is being fuelled by incentives given by the Government of India, which has attracted huge foreign direct investment. For example, the Dubai-based real estate major Emmar group is busy setting up SEZs in Haryana at an estimated investment outlay of $1.5-billion.

While, investment in the residential segment is estimated to cross the Rs. 9,000-billion mark in the next five years, the number of households that are estimated to be built in the next five years stand at over 5-million. And, all this real estate construction is expected to create a surge in the growth for demand of raw materials, such as cement. The cement consumption projections by National Council of Applied Economic Research (NCAER), on a conservative basis have placed cement demand at 225-million tonnes by FY-11. Moreover, if the government goes ahead with infrastructure projects in as big a way as planned, cement consumption is pegged to be at a much higher level than 291-million tonne.

For more information on Real Estate Agents, MLS visit Propertiesmls.com

Source: IndiaRealEstateblog

About the Author

None

Texas Real Estate

Paper Shredding

new homes in texas

More info…

EarlWeikel.com posted a photo:

Fox Run is located off Old Henry Rd in the east end of Louisville KY 40245 across from the Woodmont subdivision. Homes for sale in the Fox Run neighborhood run in price from $250,000 to $500,000. Average size of homes runs 2000 to 4200 sqft. If you would like to see a list of homes for sale in Fox Run, please visit our website at www.louisvilleschoiceforhomes.com/mls.asp?searchid=8868 or www.LouisvillesChoiceRealty.com . We love to help, so call us at 502-641-4306 if you have any questions about Fox Run homes for sale.

Commercial Real Estate Investing

Real estate investing has been made out in the media to seem like it’s the best thing since sliced bread. This in no small part due to late night cable television infomercials espousing the high deals of no money down or next to nothing down real estate investing. They make it look like anybody can do these commercial real estate investing deals easily. You will be shown, how by just writing things down on the back of napkins, you have the makings of a real estate fortune. Things will reach boiling point when supposedly real interviews are held with people who have succeeded wildly after using the promoter’s commercial real estate investing system.

It is a fact that real estate fortunes can be made. More often however, the person who’s making it is the guru owner of the real estate course! Truth be told, real estate investing is a lot harder than what you are led to believe. Every buy, sell or renting of real estate involves dealing with people directly. Unlike stock transactions, there are no organized exchanges to keep things standardized. Furthermore, the courts are more sympathetic and protective toward delinquent family tenants. Another common problem is many real estate rehabbers take on drifters to do odd jobs. Instead of fixing up the properties, they do more damage than good and usually end up disappearing after getting paid an initial amount. Lots of real estate investors are burned this way.

You still have to take many years to learn how to assess the value of properties in a town or neighborhood. You also need the street experience in negotiations so that you don’t lose out the profits that you originally thought you had. The main point here is real estate investing, whether commercial or residential, is best thought of as a business. It needs your dedication and constant education. Moreover, if you are working full time and you invest in real estates, you will be losing your free time to collecting rentals and doing rehabs. You will need to cover the mortgage out of your own pocket if the property does not sell, or when tenants are not able to pay up on time. You want to enjoy the fruits of your labor, not leaking out your time and salary to patching up hiccups in your real estate investments. If you enjoy cookouts and trips to the beaches, you might want to consider the stock market rather than real estate investment. Both are part-time businesses, but which one leaves you with more free time and less income fluctuation?

About the Author:

Jim Banks has over 15 years investing experience investing in everything from real estate to commodity futures and is a frequent contributor to http://www.profit-mountain.com

Maryland Real Estate

Texas Real Estate

texas properties

The “Loan To Value” Rate Applications in Commercial Real Estate

One ‘ruler’ in commercial real estate transactions that defines the real estate deals for the bank or investor is the LTV Rate.

The LTV Rate compares the amount of financing to the sales price of the commercial real estate deal.

Commercial real estate loan rates are usually based on these current sale LTV numbers from the property deal under evaluation.

There are many types of commercial real estate loans, but they all share certain commonalities like the importance of the LTV rate. It does not matter if the commercial real estate is a strip mall, an office complex, a group of condo buildings, or some abandoned industrial site.

Each commercial real estate property has a selling price, the amount of the buyer’s down payment, and the amount of the requested mortgage.

It doesn’t matter if it is a marina or an apartment building. All normal commercial real estate transactions are either all cash or a mix of down payment and mortgage combination.

There are No Exceptions

There are no exceptions to this typical setup. All commercial real estate transactions describe the property, its selling price, any outstanding mortgages, and any new mortgages, among other important facts.

Evaluating the LTV

When a commercial real estate property deal is being structured, the buyer and the bank or investor determine how much of the selling price will be paid in as a cash down payment and how much of the balance of the selling price will require a first mortgage.

This first mortgage is called the ‘Senior Mortgage.’ Many times the other Junior Mortgages will be paid off, or at times even wrapped into the new first. In some cases these junior mortgages might even continue to exist, but this is not common.

Expenses

Any expenses in the commercial real estate transaction are included in the deal, of course, but might be paid from cash or rolled into the new first mortgage, depending on the deal the buyer or investor creates.

The Loan To Value Configuration

Now that we understand that the LTV is determined by comparing the new loan amount to the selling price, income and expenses, let’s look at a commercial real estate sale below for example purpose only:

Selling Price $1,000,000.00

- Down Payment $300,000.00

= Remaining $700,000.00

Loan To Value Rate 70%

LTV Rate = Selling Price - Down Payment = Remainder/Selling Price

Conclusion

Now you see that every commercial real estate deal involves the same scenarios of a selling price, down payment, and any mortgages.

Once we fill in all of these numbers, we have a resulting desired mortgage financed amount. This resulting ratio or percentage puts all prospective commercial real estate deals on a level playing field for the bank or the investor - through the LTV Rate.

The LTV Rate is very important in commercial real estate transactions. It puts an important number on the value of the deal in simple, reliable, and consistent terms for the investor or bank.

The smaller the LTV Rate, the better the deal is for the investor or the bank. Now you know why these parties putting up the money are very interested in the LTV Rate. In fact, most banks set minimum LTV Rates before they’ll put up the funds for the commercial real estate deal, and the LTV Rate is one ruler in commercial real state deals.

Tony Seruga, Yolanda Seruga and Yolanda Bishop of http://www.maverickrei.com specialize in commercial and investment real estate. As of May, 2006, they and their partners are managing over $600 million dollars worth of new projects.

About the Author

Tony Seruga, Yolanda Seruga and Yolanda Bishop of Maverick Real Estate Investments, Inc. work with builders, developers and other players in the commercial real estate industry to acquire and develop properties. They use progressive investment strategies that have proved extremely profitable. In addition to their own deals, they teach both seasoned and inexperienced investors how to be big players in the game. Visit the website for more info.

Texas Real Estate

New Homes in El Paso Tx

find homes for sale online in texas

More info…
drinking glasses and writing supplies. Move furniture. Sweep and mop floors. Clean rugs, carpets, upholstered furniture, and drapes. Dust furniture. Wash walls…

From Penn National Gaming, Inc. - 04 Nov 2009 11:18:05 GMT - save job, email, more…

Texas Real Estate

Buying Guides of Commercial Real Estate

Buying Guides of Commercial Real Estate

If you are looking for the perfect storefront or an apartment complex to generate some extra income, commercial real estate can be a solid investment. Halfvalue enables you to search for commercial real estate properties nationwide. These are few guidelines which will help you to buy a perfect commercial real estate.

* Find out Commercial Real Estate Commercial real estate is potentially any real estate other than a single-family home. The term generally applies to office buildings, apartment complexes, retail properties, warehouses, educational buildings, and manufacturing facilities. Commercial real estate can already have a business on it, like a gas station or a restaurant. It can also be unused space, like a vacant lot or mini-mall.

* Goals of Your Commercial Real Estate Buying commercial real estate can be a good way to invest your money. Most people start buying commercial real estate for one of the following reasons: a specific business use, extra rental income, or to build equity.

* Build equity with Commercial Real Estate Equity is the value of the owner’s share in a property. When you finance a large sale commercial real estate purchase, you’re borrowing the money from the bank and slowly paying the bank back. With each dollar you pay back, that much of your equity is growing. Think of it as the ultimate piggy bank, where every dollar you put in gives you a little more of the property. And if your commercial real estate property appreciates, that single dollar can end up being worth more than a dollar. As the value of your commercial real estate property increases over time, so does your equity.

* Plan Commercial Real Estate Investments No matter what kind of commercial real estate property you buy, real estate appreciation is usually a slow process. You’ll need to make a solid plan and account for potential problems.

* Finance Commercial Real Estate Before you secure financing, it’s important to know exactly what you can afford and how much risk you’re willing to accept. Determine whether the rental rates can support the expenses of the property, including but not limited to the loan payments, taxes, insurance premiums, and repair and maintenance.

* Pick the right Commercial property Before you can decide what kind of commercial real estate property you want to buy, it’s important to take into account your skills, ability, and the amount of time you want to put into it. If you can afford a 10-unit apartment complex but don’t have the time (or the stomach) to deal with 10 different tenants, then maybe a duplex is more your speed. If you’re a do-it-yourselfer, then maybe you can buy a fixer-upper and make more money by doing the work yourself.

* Tax and investment goals Consult an accountant and make sure you structure your investment to meet your tax and investment goals. There are many commercial real estate books available on Halfvalue to help. You learn more about buying commercial real estate property and how to make it work for you.

* Buy Commercial Real Estate With Confidence The information contained in this Buying Guide is intended for general information purposes only. You should conduct your own due diligence into all aspects of a real estate purchase and depending on your situation; you should get assistance from experts, including a licensed real estate broker, a property inspector, title/escrow company, attorney, and/or financial advisor.

For more details Click here.

Related Links: