There are multiple factors contributing to a property's value. In Arizona, zoning regulations could significantly impact the price of a property. Knowing how location and zoning laws affect a property's worth would be valuable if you plan to buy a property for...
Real Estate & Development
What you need to know before investing in commercial real estate
Commercial real estate is a lucrative investment because it has the potential to generate considerable amounts of passive income, and it tends to increase in value over time. Purchasing commercial real estate can be a smart move for any business looking to expand its...
What are the requirements when buying undeveloped land?
Buying real estate can be challenging, mainly based on the type of property you plan to purchase. Some property types can have distinct characteristics, adding more complexity to the process, such as when conducting due diligence. This statement can apply to buying...
How can title insurance help with commercial transactions?
All real estate purchases can come with risks, but commercial deals can have more complications, depending on the circumstances. Buying commercial properties can require more extensive due diligence because it may have more considerations. Some components not usually...
Common development pitfalls to avoid when buying land
Purchasing undeveloped land for a commercial project can be an exciting endeavor, but it is important to be aware of potential complications that may arise. With proper due diligence and planning, you can avoid or resolve many common issues. There are a few key things...
Purchasing a second-hand home? Watch out for lead-based paint
When purchasing a second-hand home, one must be aware of the potential risks associated with lead-based paint. Lead-based paint was commonly used in homes built before 1978, and it can pose serious health risks, especially to children and pregnant women. As a...
How water rights affect commercial real estate transactions
In Arizona's arid landscapes, water is not just a commodity. It is a crucial factor that influences the dynamics of commercial real estate. A property with secure and ample water rights may command a higher value due to the assurance of a sustainable water supply....
Mistakes to avoid when negotiating a commercial lease
If you’re looking for a commercial space to lease for your business, then you need to make sure it suits your needs. That sounds easy to do, but there are a handful of pitfalls along the way. If you don’t steer clear of them, then they could leave you stuck with a...
Tradespeople are more at risk when health codes are violated
The construction industry involves intricate networks of activities wherein tradespeople are often the cornerstone. They wire the electricity, lay the pipes and build the framework. They turn the plans into real structures that define our communities. Yet,...
Negotiating a fair purchase price for an undeveloped plot
Unlike developed properties, the value of undeveloped land largely hinges on its potential. Since this potential is still waiting to be discovered, negotiating for undeveloped land offers more flexibility in price discussions. Sellers may be motivated to make a deal,...