Category Archives: Commercial Property
Government property for sale is often advertised as a fantastic bargain, and sometimes this can be true, but this is not always the case. Surplus government property is sold, normally at auctions, and sometimes this property can go for a very cheap price. Due diligence is essential though, otherwise a great deal on property could quickly turn into a big mistake or even a huge nightmare. Many buyers have purchased government property for sale and definitely received a bargain for the price. Others have followed the same process and had different results, so it is important you evaluate any property completely before making a bid or purchasing it.
1. When considering commercial property for sale one of the biggest mistakes is to accept anything at a face value. Ask for verification of any claims, such as a new roof or other improvements, and make sure that the facts stated are correct.
2. An independent appraisal should always be done. This is true whether you are looking at commercial or rural property for sale. Without an independent appraisal you will not know the true value of the property.