Seller Carry Back, also known as Seller Financing, is a real estate transaction in which the seller provides a loan to the buyer to help them purchase the property. Instead of the buyer obtaining a traditional mortgage from a bank or lender, the seller essentially acts as the lender, allowing the buyer to make payments to the seller over time. This arrangement can be beneficial for both parties, as it can make it easier for buyers to secure financing and for sellers to sell their property, potentially at a higher price or with more favorable terms.
SBA financing refers to loans and financial assistance programs offered by the U.S. Small Business Administration (SBA) to help small businesses access capital and support their growth. SBA financing benefits buyers in commercial real estate purchases by offering lower down payments (10%-15%), competitive interest rates, making it more accessible and affordable to acquire income-generating properties.
Assessing the value of your commercial property typically requires an in-depth analysis. We consider various factors, including location, property size, zoning regulations, market trends, and square footage. Feel free to contact us, and we can discuss a personalized appraisal of your property.
A gross lease means the tenant pays a fixed rent, with the landlord bearing property taxes, insurance, and maintenance costs. A net lease requires the tenant to pay some or all of those additional expenses.
CAM fees are additional costs, usually in strip malls or office complexes, that cover the maintenance of common areas like parking lots, restrooms, elevators, and lobbies.
A high vacancy rate means less income and possibly a decline in property value, making the investment less appealing. Conversely, a low vacancy rate can indicate strong demand and greater income potential.
The cap rate is a metric used in commercial real estate to indicate the potential return on an investment. It’s calculated by dividing the net operating income by the property’s current market value.
This is a set amount that landlords offer to help retrofit or refurbish the leased space to meet the tenant’s needs.
Investors often utilize traditional banks, commercial mortgage-backed securities, private lenders, or Real Estate Investment Trusts (REITs). These loans typically require a larger down payment and have shorter terms than residential loans.
This type of lease requires the tenant to pay all real estate taxes, building insurance, and maintenance on the property in addition to any normal fees expected under the agreement.
Location determines accessibility for customers, employees, and suppliers. It affects property value, desirability, and potential for income and growth.
Zoning regulations are rules that dictate how a property can be used and developed. They impact factors such as property value, potential uses, and building restrictions. We’ll help you understand the zoning regulations applicable to your property and their significance in evaluating its worth.
Selling a commercial property involves several steps, including property evaluation, marketing, negotiations, and legal processes. Our experienced team can guide you through each step and tailor a strategy to maximize the value of your property.
Absolutely! We specialize in helping clients find the perfect commercial property to suit their needs. Whether you’re looking for an investment, commercial or industrial location, we can assist you in the property search and acquisition process. Selling a commercial property involves several steps, including property evaluation, marketing, negotiations, and legal processes. Our experienced team can guide you through each step and tailor a strategy to maximize the value of your property.
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