Welcome to Real Estate Guide
Century 21 Real Estate Listings Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
Purchase Commercial Real Estate Foreclosures
from:Purchasing commercial buildings can be an expensive venture however there are ways to buy commercial real estate at bargain prices. Commercial real estate foreclosures happen when a business defaults on a commercial mortgage loan. Sometimes commercial real estate foreclosure listings can be a great way to get a commercial building in great shape at a cheaper price.
Proper zoning is important
One should know what they are looking for before beginning the hunt. Be sure the building chosen is zoned properly for the type of business that the commercial real estate building will be used for. Buildings that need to be rezoned before they can be opened for business can be a hassle. Finding the right building with the right zoning can elevate one step in the opening of your business or the resale of the building.
Great reasons to buy commercial real estate
Purchasing commercial buildings can be considered an investment. Commercial real estate buildings can be used to start a business, sold to someone else for more money than what you paid or rented to someone who wishes to start their own business. Purchasing commercial real estate buildings is a great way to diversify your portfolio and create wealth as well. In addition there are tax benefits available to people who purchase commercial properties. Learning about all of the benefits of purchasing foreclosed business buildings is well worth the time that will be invested in the learning and purchasing process.
Take advantage of the knowledge of industry experts
While it is easy to purchase a listing of commercial properties that have been foreclosed on and make your own decision, using industry experts such as real estate agents or property management firms that specialize in commercial properties is invaluable. Allowing the experts to guide you through the process may mean a little less return on the investment as well as a little less cash flow but the upside is that you will lower your risk factor. In time you can learn what the experts know just as with any other investment but when you are just starting out the best advice is to find someone with a good reputation and work closely with them.
Don’t forget to negotiate
Finally don’t forget to negotiate the deal. While negotiating on a foreclosed property might be a little trickier than negotiating the deal on a listed property there is still a chance you could get the property below the listed price. The less you pay, the less risk you assume. The goal to keep in mind is to end up with the best possible financial scenario. If the building will only hold one tenant instead of numerous tenants you are looking at a higher risk factor. If that tenant leaves you could be left holding the bag. A building that can hold numerous tenants is a much more secure purchase, especially for the beginning commercial real estate investor.
Century 21 Real Estate Listings News
CENTURY 21 Village Realty Unveils Top Sales Producers - RealtyBizNews
 RealtyBizNews | CENTURY 21 Village Realty Unveils Top Sales Producers RealtyBizNews by Mike Wheatley - 08 February 2012 CENTURY 21 Village Realty's San Gabriel Valley office yesterday unveiled the winners of its annual sales production awards, acknowledging the company's top performing agents in terms of sales whilst also paying ... |
Andrew Mastellone is broker associate at Savino Real Estate - NorthJersey.com
 NorthJersey.com | Andrew Mastellone is broker associate at Savino Real Estate NorthJersey.com A longtime resident of Carlstadt, Mastellone brings with him a wealth of real estate knowledge and experience, said a company spokesperson. He is the former broker owner of Century 21 Plaza Realty in Jersey City, a company he started in 1978 and guided ... |
Century 21 welcomes Florence Ferrandino - NorthJersey.com
 NorthJersey.com | Century 21 welcomes Florence Ferrandino NorthJersey.com Broker/Associate Florence Ferrandino has recently joined up with Century 21 Gold Advantage in East Rutherford. She has more than 25 years experience in the field, including more than 15 with the Century 21 franchise. "We are so proud to announce that ... |
Century 21 collects for Food Pantry - The Apex Herald
Century 21 collects for Food Pantry The Apex Herald During Valentine's month bring your donations to the Century 21 Becky Medlin Realty Trolley as your Valentine's gift of food to the Fuquay-Varina Emergency Food Pantry. Canned goods, rice, peanut butter, cereals of all kinds (oatmeal or regular cereal) ... |
Patricia Delinois Elected 2012 Residential President of the MIAMI Association ... - PR Web (press release)
 PR Web (press release) | Patricia Delinois Elected 2012 Residential President of the MIAMI Association ... PR Web (press release) The MIAMI Association of REALTORS, the largest local Realtor association in the nation has elected as its 2012 Residential President Patricia Delinois, CDPE, NSFA, TRC, president, CEO, and owner of Century 21 Premier Elite Realty. |