Once you’ve applied for a commercial mortgage the market value of the property needs to be evaluated. At this point the commercial lender will have a commercial appraisal performed to determine the value. If the property is found to be below market this could have a negative affect on the loan. Carefully selecting the right…
Once you’ve secured a commercial lease on a property you’ll enter into a commercial agreement with the property owner. At this point you’ll be glad you did your homework and found the best commercial lease rates available. CM
Before you sign a commercial agreement on a property make sure you found the best deal. If you now where to look you can find great commercial lease rates near you. You don’t have to settle for less than the right terms on a cheap lease. CM
When trying to secure a commercial mortgage a certified appraisal must be performed by a commercial appraiser to determine the market value of the property in question. This could affect the terms or amount of the loan or even if the loan is issued at all. Doing a little homework on the property ahead of time…
If you’re found to be in breach of lease your landlord can levy a fine and in some cases will begin an eviction procedure. This will adversely affect your credit and could make it difficult to get a home loan later on. Always take care when leasing to not make life more difficult for yourself later on. CM