Category Archives: Commercial Property

7 Reasons To Buy Commercial Property During Recession

Commercial PropertyThe real estate market is highly cyclical and is tied closely to the rise and fall of the economy. In a recession or when economic conditions are tight, businesses lease, sell and cut back on office space, apartment complexes lose renters, malls close, hotels reduce their rates, and empty commercial buildings litter city blocks.

Retail Property For Sale – How To Avoid Mistakes?

Retail Property For SaleBuying retail property for sale can be a terrific investment, but there are a number of mistakes that can be made as well. Buying investment property should not be done lightly, and only after a number of steps have been taken. Before you even consider purchasing any property you need to inspect and evaluate the choice closely. Some retail property for sale may seem like a great deal, until you start to look under the surface.

Government Property For Sale Review

Government Property for SaleGovernment 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.

Commercial Property For Sale: Top 10 Mistakes To Avoid

Commercial Property for Sale 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.