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Are you struggling to navigate the complex world of commercial real estate transactions? Have you been searching for a step-by-step guide, only to find that each deal presents unique challenges?
In this episode, Aviva dives into the creative and unpredictable nature of commercial real estate, highlighting the major steps involved in closing a deal. From identifying the property to conducting due diligence and finally closing the deal, Aviva provides insights and guidelines to help you navigate this dynamic industry.
BY THE TIME YOU FINISH LISTENING, YOU'LL LEARN:
Chapters
00:00 Introduction and Listener of the Week
00:43 The Variability of Commercial Real Estate Deals
03:54 The Mistake of Expecting a Step-by-Step Guide
05:16 Step 1: Identifying the Property
05:42 Step 2: Submitting a Letter of Intent
06:11 Moving to a Purchase Agreement
07:10 Being Under Contract and Starting Due Diligence
08:07 Engaging Title and the Title Company
09:02 Engaging a Lender and Financing
09:55 The Importance of Due Diligence
10:53 Appraisals, Environmentals, and Surveys
12:18 Closing the Deal
13:40 Every Deal is Unique
14:37 Conclusion and Next Episode Preview
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