Lynn Drake

19

Dec2019

The Closing

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The title company will provide you with many documents for the closing in advance. Have your attorney look over everything to make sure it is all in order before the closing. I always look at the taxes to make sure they have been calculated correctly. Mistakes are easily made, so ... Read More
December 19, 2019Lynn Drake

17

Dec2019
One of my favorite clients and projects was working with the Girl Scouts when they were relocating their offices in Detroit. We found a 2-story flex brick building that was vacant. The space features a built-in cabin where the girls go for classes. I would rate this as a great ... Read More
December 17, 2019Lynn Drake

13

Dec2019
Meet the Landlords: Cave Man, Business Man, and Super Man They are all commercial real estate landlords. If you don’t learn anything about them before you lease space, you might be making a leasing mistake. Why do you need a commercial agent? Let me share a few things about the kinds of ... Read More
December 13, 2019Lynn Drake

10

Dec2019
In 2017, my husband and I visited New Zealand, and it is now on my top 5 favorite locations I’ve visited in my life. What I didn’t expect to find there was the creative reuse of buildings. My favorite was a former sheep sheering building just outside of Queenstown. What ... Read More
December 10, 2019Lynn Drake
2019 blog buy or lease

05

Dec2019

Title Work

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A title company researches the property to determine if there are any liens on a property, determine the true owner of the property, and provide insurance to a buyer, seller, or lender against claims over ownership. The title company can identify a host of issues with the property. A tax lien ... Read More
December 5, 2019Lynn Drake

03

Dec2019
There are new recreational areas and play structures going up all over Detroit.
December 3, 2019Lynn Drake

26

Nov2019

Meet the Landlords: Super Man

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And then there is Super Man, Super Man is also a Superman. His buildings are clean, his staff amazing, and his listing agents fair and easy to work with. I love showing my clients his space, because I know my clients will be taken care of over the term of the ... Read More
November 26, 2019Lynn Drake

19

Nov2019

Due Diligence Phase

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Once the purchase agreement is finished, you have a lot of work ahead of you. If you put together the calendar as discussed above, make sure all the dates entered on your calendar are met. If an item can’t be completed within the agreed upon time frame, send the notice ... Read More
November 19, 2019Lynn Drake

12

Nov2019
One of the most difficult structures ever built. To learn more about this fascinating complex follow this link: https://www.sydneyoperahouse.com/our-story.html Did you know that the exterior is covered with mosaic tiles that are intricately and intentionally faced in different directions so that they are self-cleaning? Interior pictures of the Opera House are below ... Read More
November 12, 2019Lynn Drake

07

Nov2019
Once the Purchase Agreement is signed by both parties, the only way to cancel it is if the seller agrees out of the kindness of their heart or if one of the contingencies isn’t met. For instance, if the building doesn’t appraise appropriately, and you can’t get a mortgage, you ... Read More
November 7, 2019Lynn Drake