Considerations in commercial real estate part 7: financing
harkins / May 20, 2014
At Harkins Commercial Real Estate, we’ve got the industry experience and the local market know-how to help you negotiate a lease on the commercial property of your dreams. The right property can mean the difference between your business thriving or plateauing, and today we continue our 8-part series on acquiring commercial real estate with part 7: financing.
In today’s market, lenders are cautious about what kind of properties they will finance. A low volume of real estate closings in a market can create challenges for appraisers to justify strong sales prices. A seller enthusiastic about a strong sale price might want to wait until closing to celebrate, as as renegotiating pricing might be necessary to make the loan and equity package work for the buyer.
At Harkins Commercial Real Estate, our goal is to get you into a property that will suit your business’s need for growth, exposure, and success at the right price with adequate, appropriate, and no-surprise financing. Call us today for Sanford commercial real estate representation you can rely on.
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