When buying a home, whether it is your first or not, you will want to focus on the most important factors and set the rest aside. However, time and time again, homebuyers will often make the same mistakes that can cost them in the long run. So where should your focus...
Real Estate & Development
What do you know about the difference between an encumbrance and a lien?
As someone involved in Arizona’s construction industry, you likely encounter obstacles and setbacks that derail your projects. Do you know what differentiates those complications? Chron defines encumbrances and liens and explores their differences and considerations....
Trends in Arizona commercial real estate
The Phoenix metro and surrounding areas pose rich opportunities for commercial real estate developers. Rapid population growth will continue to drive the need for retail, residential, commercial and industrial growth through 2022 and beyond. Review the most recent...
Provisions to include in a commercial real estate sales contract
There are always risks involved in purchasing commercial real estate in Arizona. However, having a carefully drafted sales contract in place helps protect all parties involved in the transaction. The sales contract outlines everyone’s rights, obligations and...
What makes a property valuable?
Many factors go into determining the value of a property. This is one of the most important things you need to factor in when looking at new ones for business or commercial purposes. The first thing you need to know is just what those factors are. They may differ from...
What contingencies should I consider when buying a home?
In a seller’s market, you have to be very careful with any offer you make on a home. Sellers have their pick of buyers, so you need to stand out in a good way and minimize the negative. Contingencies are a normal part of real estate contracts, but in a seller’s...
Reviewing Peoria’s zoning districts
Before beginning a commercial development project in Peoria, you need to find the ideal location. Knowledge of the local zoning laws in this Arizona town can help guide a successful endeavor. These are the common non-residential zoning categories in Peoria, Arizona....
How can you maximize returns on vacant land?
If you are an investor who is interested in buying land for commercial development, there are a few things that you need to consider. Most commercial buyers want to be able to make an income off of the land. According to U.S. News, you can maximize returns when...
How are commercial leases different?
Obtaining a commercial lease is very different from a traditional residential lease. The biggest difference may be that both parties will be actively involved in negotiating the lease. This means that a good negotiator can obtain significant concessions from a...
Contract considerations when buying commercial property
Even if you have experience with residential real estate, special considerations apply when purchasing commercial property. Understanding the ins and outs of this type of contract can help you avoid common pitfalls. Review these commercial contract terms when...
