In 2019 , we will take a detailed look at buying a commercial building. It isn’t that hard, but there are a lot of steps that you need to understand, and the timing of each one is critical. In this series, we will look at who should be on your team, how buildings are priced, how commercial mortgage loans work, what you need to know before making an offer, how to determine the appropriate contingencies, how to understanding timeline and review title work, when to cancel a purchase agreement, and what to do at closing. So, buckle up! It’s time to put the pedal to the metal and get this series going.
Should I Buy or Lease a Commercial Building?
About the Author
Lynn Drake’s status is well known in the industry: She’s the commercial realtor focused on maintaining “true north” for her corporate clients. It’s a reputation built on 35 years of commercial real estate experience. Lynn became a commercial realtor in 2001 after 15 years in corporate real estate. Thus far in her career, Lynn has successfully completed over 1,500 real estate transactions ranging from small business tenant leases to the sale and purchase of industrial complexes.