5 Steps to Purchase a Building (Using SBA Financing)

Purchasing a new office or industrial building for your business is an exciting step in the journey of one’s company. One important consideration in purchasing a building is the process one goes through from financing to opening and closing escrow and all the steps in between. Below is a general timeline of items to be…

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Commercial Property: 6 Reasons To Purchase

Have you ever wondered if it would be more beneficial to purchase commercial space instead of leasing it?    Below are 6 reasons that may persuade you to become an owner! Equity – As you pay down the loan principal and interest your stake in the property grows.  The equity could be used as collateral for…

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5 General Steps to Purchasing a Building using SBA Financing

Following is a timeline with a list of items that should be addressed during each specific time period. This is a general timing format subject to change according to the specific transaction. It is very important to work with a knowledgeable Commercial Real Estate Broker when purchasing property. Pre-Escrow Negotiate Contract Open Escrow Executed Contract…

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