Buying a house right now is no easy task. Between the sharply increasing housing prices and the shortage of homes, motivated buyers are considering various components to make their offer as attractive as possible. If you are looking to buy a home, one option you may...
Year: 2021
What contingencies do you need to protect yourself during a real estate purchase?
When making an offer on a piece of real estate, you have the option to add contingency clauses to the document to protect yourself. These essentially give you a way to walk away from the deal if the contingencies are not met. You don’t have to take as great of a risk...
You need to know the zoning before buying commercial real estate
Real estate is a practical purchase but also an investment. In recent decades, real estate has generally appreciated in value or gone up in price faster than inflation has occurred. Buying commercial real estate can be a good move for a business, especially one that...
Can a commercial landlord stop you from changing your business model?
Starting and maintaining a successful business typically requires both dedication and flexibility. You have to be willing to admit when something doesn't work. Your initial business model, for example, may have involved solely online sales, but now you realize that...
Why you must insist on earnest money in your real estate transaction
You want to list a property for sale in the region, so you contact a Tucson realtor to manage the sale. But one provision that must be included in your purchase agreement is that the buyer must put up earnest money. This good faith deposit indicates the buyers’ intent...
Understanding common commercial lease terms
Commercial tenants often have lease structures that vary greatly from what most people are accustomed to for residential leases. In many commercial leases, the tenant takes on one or more of the operating expenses of the building they occupy. What the tenant is...
Considerations if you’re thinking of purchasing a short sale home
For many who want to buy a new home in Arizona without overspending, a short sale seems like the logical solution. In some cases, a short sale gives homeowners the most value for the money spent. However, it is critical to do your research before committing to the...
5 basic principles for commercial real estate investments
During this season of remarkable unpredictability in almost all investment markets, it is particularly difficult to gauge how and when to make investments. The commercial real estate market is no exception, as values and trends are difficult to pin down effectively....
What happens to real estate when an owner passes away?
Buying and selling homes are the most significant transactions that the average person makes. And when an owner passes away, their home can be the most sizable asset they leave behind. Thus, it can help to know what happens to the home and what you can do to ensure...
What is due diligence in a real estate transaction?
You've probably heard this before, but you shouldn't ever buy a piece of real estate without doing your due diligence first. What, exactly, does that mean? Before you go any further in your search for the perfect piece of real estate or your dream home, learn more...