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7 Big Reasons To Invest In Pre-Foreclosures
Looking for an "in" to real estate investing?
Working a nine to five job swapping time for money can be incredibly dispiriting. After the futility of it all hits home, it's all you can do to limit the number of home business opportunities you...
All Real Estate Agents Are Not Created Equal
**Important things to look for in a Real Estate Agent**
When selling your home, one of the most important services your real estate agent can perform is helping you set the listing price. Most people approach a sale thinking they have a pretty...
Home Style Words In Real Estate Ads – More Explanations
Whether you’re buying or selling, reading real estate ads can be confusing. Here are explanations of more style terms used in real estate ads.
“Split Foyer” style
A home entered by a foyer with a half flight of stairs up to the upper level...
How To Know If You’re Buying The Best House
Buying a house marks a new beginning. How do you know that you’re getting your dream house and not straining your credit limit?
Get yourself a “pre-approved” certificate from a lender. This certificate gives the seller the assurance that you...
Wealthy Americans Confident Real Estate Boom Will Last
Linknet Real Estate News Digest - December 22, 2005 - In spite of worrying signs that the real estate market is slowing down, a survey of wealthy Americans indicates most remain confident property values will continue to appreciate.
In a survey...
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Commercial Real Estate Definitions – From O To Z
Commercial real estate is distinctly different from residential real estate. The terminology is very different and here is a list of new terms from O to Z.
Commercial Terms
Operating Expenses: Just as it sounds, operating expenses are those costs associated with operating a commercial property. Contract and state law typically govern the exact nature of the operating expenses.
Partition Wall: A wall built in the internal area of a suite to divide the general space. For instance, offices built during a tenant improvement project with have partition walls separating them.
Punch List: A punch list runs part and parcel with a walk through of completed construction work. The construction company and client will walk through the area and complete a punch list of items that need to be fixed or modified. .
Shell Space: The interior of a commercial building that has been completed, but does not yet have any tenant build outs. The shell space generally refers to this gross square footage regardless of whether tenant improvements have occurred or not.
Substantial Completion: Notice given by a
contractor to the client indicating the property has been completed to the point where a walk through and punch list review are appropriate.
Usable Square Feet: The square feet in a building, suite, warehouse and so on that can actually be used by tenants. Due to building regulations and design issues, certain amounts of a space in a tenant suite may not be usable and such footage is excluded from this calculation
Unlike residential real estate, commercial real estate is primarily considered a business transaction. Learn the terms and you’re well on your way to moving smoothly through the process.
About the Author: Dan Lewis is a mortgage broker with http://www.gwhomeloans.com - San Diego mortgage brokers providing home loans and refinances. Visit http://gwhomeloans.com/services.html to learn more about options for San Diego mortgages.
Source: www.isnare.com
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