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What’s in a Commercial Lease?

A commercial lease is simply an agreement between a tenant and the property owner to allow the tenant to occupy a business period for a stipulated time where he will pay a stipulated amount of money. There are many different types of leases, each being unique depending on the nature of the business that is to be carried out. The leases will also depend on the laws that govern a country or a state. Roughly the following are some of the most common types of commercial leases available:

  • Gross lease
  • Net lease
  • Percentage lease
  • Sublease
  • Assignment lease
  • Sale/lease-back
  • Turnkey
  • Ground lease
  • Build-to-suit lease

Of all these leases, the most common type in nearly all countries is the net and the gross lease.

Gross Vs Net lease

A gross lease is the one in which the property owner is responsible for paying the land rates, insurance, taxes and any other cost of property ownership. This is the most common type of leases as most people only pay the rent to the property. The landlord then takes care of the rest of the costs. In many cases however, the tenants will be expected to cater for electricity and sometimes water bills. This does not make the lease to qualify as a net lease since most of the other costs will be the responsibility of the tenant.

The net lease on the other hand is the one in which the tenant is responsible for the costs pertaining to the building. Any rates or insurance that requires to be paid is the sole responsibility of the tenant. In many cases, when this is the case, a tenant tends to pay more in rent in the case of a gross lease as opposed to the case of a net lease. To learn more about these leases, .

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custom home

Why Custom Homes are Becoming Increasingly Preferred?

It is true that owning a home sits top on the list of the desire of almost every human being out there. Having a warm, cozy place to go to after that long stressful day has always featured largely among many people’s ambitions, and they have always worked hard for it. For most of them, it is a priority and one that is central and a must-have. Many people are therefore often ready to spend an arm and a leg just to get that perfect home. In fact, it is not uncommon that many people often already have a solid imagination of the kind of homes they desire, some even long before they are financially capable of acquiring one. But can one really blame them?

Owning a home presents with it, a great sense of comfort and fulfillment, exactly what buyers out there look out for. They demand the perfect house, one that they feel befits their status, caters for their needs while at the same time aesthetically pleasing. Human beings are generally very diverse beings and, therefore, their idea of an ideal home, just like everything else, vary sharply. What gratifies one may not be a single bit enchanting to another. Custom homes are therefore emerging and slowly becoming trendy in the real estate industry. People are increasingly craving for homes, finished to their own taste. One has to simply go online and visit this site to see this. People are becoming more and more comfortable with spending that extra dime to get homes reflective of their deep desires. Custom homes, being more and more ubiquitous. But why is this so?

Besides the obviously exciting new home feel, one gets to choose better and more efficient energy saving and air quality control systems. He or she also gets to feature more advanced technologies and safety and security systems. They basically get to design their dream home their way. Visit this site to know more about this and other exciting, informative and current real estate topics.

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Uncategorized

Real Estate Basics: What To Know About Commercial Realty

The business of Real Estate has suffered its own ups and downs, as the current global market has been a steady game of rises and falls. Some years have dramatic increases, while other years may have severe decreases, so it all depends on both the country and the time of year for the success of the Real Estate. Even in the roughest points of times, however; it seems like the business of buying and selling homes, as well as lease spaces, continues to prosper. So far, there are three types of major Real Estate types; the types are Residential Real Estate, Commercial Real Estate, and Industrial Real Estate. The main difference between these types lies in the kind of lease that is being purchased, with residential being for personal living, while industrial and commercial are usually directed for business. For those looking to know more about commercial realty, and what it can do for them, here are some basics of what commercial realty is.
 

Commercial Realty: What Is It?


Generally, businesses will use commercial realty as a way to lease space for other businesses to use. Property managers will lease to one or several businesses of the district, usually for the purpose of a storefront that is paying for the space. Click here for more information on what types of commercial realities are around your area. Commercial realty can be a little tricky to understand, as both the dynamic and description of it can vary between businesses, but for the most part, commercial realty is reserved for businesses looking for lease space. More information about leasing options can be found here, by visiting this site. There are many types of realty options available with commercial real estate, with Investopedia.com listing four different choices businesses have for commercial realty. The type of lease included with the commercial realty will be dependant on the level of purchase, and it will affect the number of landlords and people involved in the process. For those looking for a more indepth look into what commercial realty is, it may be best to go online at this website to learn more of the expansive business of Real Estate.

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Uncategorized

Purchasing a Home for Cash

Owning a quality home is everyone’s wish. The pride of owning a home comes with a great sacrifice. This sacrifice can turn out to be very stressing for most people. Hence, money lending institutions have come up with house financing loans that offer a more elaborate plan to purchase property. However, these plans end up being more expensive than anyone would wish for. The hustle of getting a mortgage causes more undue stress and at the end of it all, you end up paying more as the money lending institution has to make profit. Hence, a good number of people are opting to purchase their homes on cash basis.

1. Bargain for a better deal - a cash deal is more attractive to any house seller. Hence, you should take advantage of this and ask for terms such as cash allowances, home repairs, warranty and closing timeline. You also need a home inspection, you should therefore convince the seller to cater for all the expenses incurred.

2. Study your finances well to ensure buying a home with cash favours you - be careful not to spend all your money in purchasing a house only to later on get stuck in paying your bills.

3. Seek advice from a real estate broker or a lawyer experienced in closing cash deals - this will ensure you buy your home legally and you obtain all legal documents of the apartment. Signing an affidavit in front of a lawyer can prevent you from losing your property in case of hiccups on legal grounds.

4. Have details on the sale and post-sale costs of the home- this will ensure you are able to strike a deal that will help you make a profit in a future after sale of the home.

5. Be keen to purchase the home at its true market price- this can only be done by appraising your home through the “appraisal contingency” box on the purchase agreement.

It’s also great to know the benefits of buying a house with cash. They include:

1. As a cash buyer you are able to get a discount by closing the sale of the house instantly. Click on this link to get more details on this.

2. You lower closing costs by saving on extra costs such as paying a bank attorney to get mortgage, costs of paying for mortgage application title insurance and appraisal fee or sometimes multiple appraisals.

In conclusion, securing a great deal to buy your house with cash is inevitable. We hope you will use the tips listed above to ensure you efficiently purchase a house with cash with little or no strain. 

 

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Uncategorized

Hire the Best Professional Moving Company Locally

Are you moving for a new job? Did your kids recently get accepted to the top school out of town, and you plan on moving to the school district? Or, is it time for a fresh start for your business, and you want to move to a new office space? Regardless of the reasons you have chosen to move to a new home or new commercial space, hiring the top professional moving company to assist you, is something everyone should do. From packing and unpacking, loading and unloading, and all transport and set up in the new home, professional movers will do it all. Not only do they have the equipment to do the work, they are skilled, experienced, and will complete any move, in a fraction of the time it would take you to do on your own.


But, how do you hire the right professional moving company when you are moving? With dozens of local companies to consider, which ones are most affordable, will properly pack and transport your items, and will complete the move in a timely fashion? If you want to find the top local moving companies, go online, click on this link, and begin your search for the best local, licensed companies where you live.


On this site you will find a listing of top rated, local companies. From there you can narrow down your options to find the movers who can do the work when you need it completed, for the best price, and will insure all items being transported to your new home or business. Before hiring a moving company, make sure you know who the top, most reputable companies are where you live. Visit this site today to begin your search, compare the top rated companies, and find the most qualified people to help you make the move.

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sell your home

What To Look For In A Real Estate Company When Selling Your Home

With the residential market prices falling as the days go by, homeowners are currently looking for viable and reliable ways for selling their homes while eking out as much proceeds as they can manage. But with the current list of properties available, all this seems just like a mere delirium. By getting rid of the middle man and sell your home on your own you can be able to walk away with several thousand dollars or more in your pockets. However, what are the chances of someone purchasing your property if you decide to sell it on your own?

Finding an experienced company with over 20 years and above in the business can be tough. While in the process of selling your house you will always need a company that understands each and every need of the client and works in the same vicinity and neighborhood as the client does. In addition the company should be able to offer, you the client with various selling options and if you might be lucky, charges no fees.

For whatever reasons that might have compelled you to sell your home, whether it’s a relocation, job loss, structural issues, divorce or any other issue, you will always need a quick and reliable solution to your problem. If you are a resident of Texas, you might consider checking out http://www.lcrgusa.com/, while if you are a resident or inhabitant of Philadelphia or its environs you might want to check out this company Home Cash Guys http://homecashguys.com/.

Home Cash Guys is not only reliable but have been in the real estate business for a long duration of time and have assisted thousands of home owners sell their properties on time with no charges or hidden costs. For more information about the two companies you can always go online and check out their website.

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cash for homes

Sell Your Home For Cash? We Can Make It Happen!

Sales

It can be a lot of fun to sell your home for cash. The fact of the matter is that some realtors may tell you not to sell your home for cash, but the truth is that the decision is ultimately up to you. You can make a lot of smart decisions about your future if you happen to sell your home to the person. Home builders don’t care if they end up selling a home for cash, they just want to get the home sold. Go to this site in order to learn about the benefits of a sale in a given state. The best sales out there are something that can be extremely beneficial when it comes to your long term financial outlook. The best reason to sell a home for cash can vary from individual to individual.

Liabilities

There are a number of liabilities that can come with the sale of a home. You can work on a number of different projects in order to improve a home before you actually go forward and sell the home. There are people that have to talk to their tax consultants about the different tax liabilities that can come with the sale of a home.

Leverage

You want to be able to gain leverage when you are selling a home. Business owners typically do not sell their companies for cash, so the idea of selling a home for cash would be foreign to them as well. You want to make sure that a realtor is aware of the different pieces of leverage that you may have at your disposal. Sell your home for cash by going to our site and you won’t have to deal with excessive paperwork. Excessive paperwork is something that can be avoided by clicking here.

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cash for homes

How to Get Instant Cash for Your Home

It is not difficult to see signs plastered on street corners and telephone poles that assert, “Sell your home for Cash” or “We’ll buy ugly homes for cash”. The language used by the advertiser may be different but they all mean the same. In effect, the advertiser claims to buy homes instantly even if the condition of the home is not very good. Considering the condition of the market, this offer can be quite appealing.

To start the process of selling your home for cash, you can either call the advertiser or go online and visit the website of the company. The representative of the company will call you and ask a few questions like number of windows, condition of the home, number of bedrooms, home’s ages, and several other questions. Based on the information you give, the representative will give you a selling price. At times, the company may send a representative to evaluate the value of your property before giving you a quote.

When you are selling your home using traditional sales methods, there are a number of costs involved. You have to pay a fee to list your property on popular websites. If you appoint a real estate agent to sell your property, you will have to pay their commission. If you use instant cash method to sell your home, you don’t incur any additional cost. Once you accept the offer, the company will take control of your property and you will receive a check. Read more to find out how you can save money when you sell your home for cash.

Getting instant cash for your home is an ideal option for homeowners who don’t have time and money to update and repair their home. Homeowners who have inherited a property prefer selling their homes for instant cash because they don’t want to be saddled with high maintenance costs and taxes. If you have decided to sell your home for cash, click here to find out how we can help you.

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Uncategorized

Video: Commercial Tenant Representation

Hi everyone! Thanks for stopping by the blog.  The first post is a great video about Commercial Tenant Representation and Strategies.  If you are in the marketing for commercial real estate, you should definitely look into tenant representation.  Watch the video below for more information!

Video by Commercial Real Estate Show – Sponsored by Bull Realty