Buying commercial real estate can not only be a profitable endeavor, it’s also a great way to add diversity to your investment portfolio. However, buying commercial real estate does involve a little more knowledge and market savvy than a traditional home or investment home purchase, so it’s important to stay informed and work with a local agent highly skilled and experienced in commercial real estate in the area you want to buy.
Here’s how HTR will help you realize your commercial real estate investment goals.
We'll Talk Goals
The first step to realizing any goal is to talk about what they actually are! Before we get started on any searching, we want to to nail down some concrete and achievable goals. We also want to know why you’re investing, as this can play an important role in determining what your goals should be and how we can achieve them.
We'll Discuss Options
Commercial real estate encompasses a lot of different types of properties—office buildings, industrial buildings, retail stores, warehouses… there’s a lot of variety. Depending on your objective and your finances, there may be a certain type of property that will work better for your budget and goals.
We'll Walk You Through Financing
Unless you’ve got a significant amount of cash on hand, you’re likely going to require a mortgage or loan of some type. We’ll help you understand your options and even make recommendations for reputable local lenders who can discuss your options in greater depth.
We’ll Help You Find Properties
Once we decide what you’re looking for and you’ve got some loan options, we start the property search. You can be as involved or disengaged in the search project as you like—we have no problem finding properties that meet your criteria or letting you take the reins on the search. Either way, we’ll be there for every in-person tour—even if you can’t be there.
We’ll Share Expert Advice & Recommendations
See a property that looks pretty promising? We’ll take an in-depth look, run some reports, and help you determine whether it’s a solid investment for you. We’ll ensure this property fits comfortably within your budget, meets all your criteria, and helps you reach your specific goals. We’ll even tell you if it’s accurately priced so you know you’re not about to overspend!
We’ll Craft the Perfect Offer
Once you decide you want to move forward on a particular property, we’ll discuss your offer price. We want to choose a price that’s comfortable for you but also aggressive enough to be appealing to the seller. We also want to ensure the offer contains the appropriate contingencies, like inspection and financing.
We’ll Stay With You Through Due Diligence
If your offer is accepted, it’s time to have the property inspected. We can recommend reputable inspectors, surveyors, and other necessary vendors to ensure your property is up to code and sound. We’ll also help walk you through the escrow and mortgage approval process. During this time, we’ll also help you triple-check all the details of the property, including any restrictions, covenants, or contracts on the property.
We’ll Be There at the Close
Finally… closing day! We’ve been at your side throughout the whole commercial buying process, so you’d better believe we’ll be there on closing day to help you sign paperwork and get keys. Congrats; you’re now a commercial property investor.
Ready to Buy Commercially in the Triangle?
Thinking of buying commercial property in the Triangle area? Then it's time to contact HTR Commercial. We want to help you get the job done right, from start to finish.