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What sort of scams should you be aware of when searching commercial property listings?
Wiki User
∙ 10y ago
When searching for commercial property listings, it is important to get proof that those representing the commercial property are the actual owners. Never put money down until this has been verified and a lawyer has reviewed the paperwork.
Wiki User
∙ 10y ago
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Do you need a real estate license to sell commercial property?
Yes, having a real estate license is an essential requirement when dealing with any kind of real estate transaction in the USA. In fact, these licenses are authorizations, which are issued by a state administration in the USA, that give legal ability to real estate appraisers and agents to carry out fair property purchase or for sale deals when a buyer or seller is in process of purchasing or selling real estate property in the US. Sales of commercial property is no exception to this. If you intend to sell your commercial real estate, you need good advice from a reputed commercial property appraisal company to know the accurate market value of your commercial property. While hiring a commercial property appraiser, you should ensure that he or she has a valid real estate license to carry out the appraisal process for your commercial property. Be cautious of appraisers with an expired license even if they claim it expired recently and that they are expecting the renewed one any day. It is also advisable to check whether any time in the past his license was suspended. By hiring an efficient and honest appraiser, you can sell your commercial property safely without getting duped.
Where could one find some listings of businesses for sale?
One can find listings of businesses for sale at BizBuySell and Loopnet. One can buy franchise opportunities at the sibt website. One should always take independent advice before purchasing.
What kind of insurance policy can you get to cover your one eight interest in a home you do not live in?
The type of Insurance Policy you need is dependent on the use of the property. Whether it is residential or commercial all the joint owners should be listed on the insurance Policy as holders of interest in the property. This is the proper way and the most cost effective way to cover each of the joint owners shared interests in the property on one policy. The type of policy will usually be a "Dwelling Policy".
Sample letter of proposal to sell property?
A sample letter of a proposal to sell property should contain examples of what the final document should look like. Some information to include is the address of the property, the appraisal value, and the sale price.
How do you find out if a property is landlocked?
You should get a title insurance policy for the property. The title company will tell you whether or not the property is landlocked. If the title company says the property is notlandlocked, they will be responsible if it is later found that the property is landlocked. Contact a real estate attorney in your area for information on your specific situation.
Where should I search for commercial property?
You should search for commercial property through a licensed commercial real estate agent that specializes in commercial real estate. You can also get information through classified ads in newspapers and online.
Is a bed breakfast residential or commercial property?
A bed and breakfast should be considered commercial property. Residential property is classified as single home dwellings not for business use.
Where can one find information on property in perthshire?
Realtor com has information on available listings in Perthshire, which is a town in Scotland. Local real estate agencies should have listings of available properties.
Where can a person go to find listings on farms for sale in Ontario?
To find listings of property such as farms for sale in the Ontario region, one should visit a local real estate agents. Alternatively, try Ontario local newspaper listings.
Where can one find listings of commercial office space available in Burlington Vermont?
There are plenty of places in order for one to find listings of commercial office space available in Burlington Vermont. However, one of the best website should be loopnet.
Where can I find or start looking for a warehouse job?
Transport companies are a good start for job searching in this domain. You should look at the transportation section of your local company listings, such as the Yellow Pages.
Where can I find a job at a commercial janitorial service?
It depends on where you live. You can search monsterboard.com or your local craigslist.com for job postings as a commercial janitor. You should try your local classified ads first. Then you can look at the listings on monster.com and careerbuilder.com for your area.
Are churches considered as residential or commercial property?
Churches are not commercial buildings because they are places of worship rather than business. Many churches own and run commercial enterprises, however, and those buildings may be considered commercial buildings.
Where can one find cheap commercial property mortgages?
All commercial mortgages will be offered on the basis of the business and financial background of the applicant. In order to find a cheap commercial property mortgage the applicant should make use of comparison sites and research to ensure they are getting the best product.
What should I know before buying commercial properties?
You will first want to make sure the property is zoned for your intended purpose. next you will want to have to property inspected for all building codes. Before buying a commercial property, you need to make sure you have your finances in order. Hire an inspector, make sure the property is sound. Also make sure it's zoned commercial and up to all the safety codes.
How difficult is it to rezone commercial properties in Los Angeles?
It can be fairly difficult to rezone commercial property in LA. You should first contact the local zoning department to determine what the process is.
I have a commercial property listing, should I advertise to all local real estate agents or just commercial real estate agents?
Lelani- I would suggest advertising to local real estate agents and commercial agents both. Local agents meet all kinds of people, and may run into someone looking to invest in a commercial property.
