Author Archive
Sep
12
Commercial Real Estate Development
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Numerous things have to be taken into consideration when undertaking a commercial real estate venture. Needed space, location, decisions to lease or purchase property, moving issues, building plans and regulations, consultants, involved fees. All these things must be considered before one delves into the commercial development project.
When deciding on how much space will be required, several things must be taken into consideration. What will be my cost? How convenient is the location to my targeted customer? How about transportation? What about utility availability? One must decide what will be best for the business.
If plans are to lease, it must be noted that your lease will play an important part in the lease negotiation. Although a standard five year lease is usually used by the leasing broker, a commercial lease of 3 years minimum and 10 years is also commonly used. When deciding on how long your lease should be, make sure you think about your business flexibility and the rental rate.
At the end of the lease, it is very likely that the owner of the property has already committed to another customer, so moving issues come into play. Preparatory measures must be executed prior to the move in order for things to go smoothly. This should be initiated at least 2 months before the planned move, starting with negotiations for the move, standard items that will be needed (mailing labels, presentation paper, bank, checks and deposit slips, business cards, etc.), whether or not you will keep the same logo and design for your business, telecommunication services, security systems and so on.
Other things to be considered are, confirmation of telecommunication installation, ordering appropriate packing supplies, scheduling packing and moving, making sure that the freight elevator at both locations are reserved, choosing the moving company (make sure your choice of moving company provides insurance certificate) and make certain you notify your insurance company about the move.
One month before the move, reconfirm your move in and move out dates. Make sure that the moving company has already provided their moving certificate and provide them with your employee’s names for security purposes. The day before the move, walk through the new location to make sure that nothing has been left undone., make your final confirmation calls, be certain you have the keys for the new location, and this is very important, make sure your insurance is in affect.
This article has touched on many of the things involved in the procurement of a new location for your business but even more is involved. The closing of the lease and the arrangements such as, regulations and rules of the building at your new location, noise levels, usage of freight elevators, architectural design services for planning space and the like.
Real Estate Proffessionals
Sep
05
I have not missed payments. He just said he no longer wanted to do business with me. Is this a legal repossession?
The repairs that were supposed to take place should have been done before the sale of the vehicle. The seller of the car said the car was fixed and ready to go. I took the car thinking it was ready and was never fixed and have been stuck since. The car had a 3 month full warrenty or 3000 miles full warrenty.
Finally when they said they would look at it I was happy then he said i could not have it back and cleaned all my and my childrens items out and said they do not want to do buissness.
I was happy because they were going to fix the problem, not repo the car i have had for three months. I put money down on the car and was making monthly payments of 300.00 dollars and had never missed a payment!
Rent Back
Aug
29
is it illegal to sell pokemon bags, dolls etc in an online shop?
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http://images.cutoutandkeep.net/steps/22546/IMG_2351_1236436261.jpg if i were to sell this in my shop, is there a chance i could get in trouble with the law? i mean, i made it and all. If it is illegal how do i make it legal?
Rent Back
Aug
22
Would you take a friend to small claims court if he/she owes you money?
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while trying to avoid a repossession until I got the money to pay, I switched cars with a friend. We understood each of us would be responsible for the others car. Well, as my luck would have it, she ran my car into a light pole, damaging the front end. Because she was driving my car, my insurance would not cover the damages.
She made arrangements to get my car repaired at a “shade tree” body shop/mechanic and shortly thereafter, she took her car from me leaving me without a vehicle. The quote was unusually cheap and now I see why—the work he did was crap and now will have to be redone. My ex-friend now refuses to pay up and says that she should not have done me a favor in the first place and that I “used her”.
Should I take her to court to recover the money that I will have to spend on getting the repairs done right? Do I even have a case? Am I ultimately responsible for switching cars with her in the first place?
Any advice?
Sell and Rent Back
Aug
15
What is a good RPG game that allows me to own my own shop and sell stuff?
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Im looking for a RPG game that will allow me to open up my own shop and sell things to other players online. Does anyone know if one even exists?
Quick Property Sale
Aug
08
I need credit advise ?
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I bayed car almoust 7 years ago . We had so many problems with it and took it to shop many , many times. Well it got to point where we took it back ( voluntary). Well that showed on my credit as repossession . I have been told that it stayes on there for 7 years . Is there anything that i can do to remove this or is there anything else that i can do. Thank you
Passive Income
Aug
01
Being that I am a recent start-up I do not have credibility or clout just yet. The equipment I sell can sometimes cost thousands of dollars. Without eliminating customers how can I offer them financing/ lease terms from my e-commerce retail business? What steps would I need to take?
Sell and Rent Back
Jul
25
Buying a Property at Auction in Tenerife
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Auctions in Tenerife - are a pioneering auction company that allows people selling property to come into direct contact with those looking to buy property in Tenerife. Our new and unique online bidding system allows prospective buyers to view property and bid online for any property on offer. There are no closing dates on the auction and all bids are forwarded onto the vendors for their perusal. All successful bids will be notified immediately.
Situated in Callao Salvaje on Tenerife’s south coast, Auctions in Tenerife is a Tenerife company which has been set up by Les Calvert Director of Property-Abroad.com Ltd (UK) and PropertyinTenerife.com one of the largest independent property Portals on the internet with over 50,000 properties featured from over 45 countries.
With over 20 years in the Spanish and overseas property market Les is well placed to offer not only advice on the local property market but also on the wider scale of opportunities across the world. Our aim is to bring Property Auctions in Tenerife out in to the property market arena by holding free and ‘open to the public’ auctions online. We will feature properties for sale by auction from private sellers, estate agents and any other leading institutions be it Residential or Commercial.
Please feel free to browse around our website and if you feel that you would like to try our services for buying, selling or auctioning your own property then contact us now for a friendly chat.
Whatever your needs are regarding buying, selling or auctioning property in Tenerife, Auctions in Tenerife will be able to assist you and with an Aftersales Service second to none you are sure to enjoy the experience of owning a home abroad. In addition to our Auction Property we also have access to thousands of resale and off-plan properties for sale throughout the island.
Some FAQ’s to ponder:-
1. Why buy a property from Auctions in Tenerife?
We only feature properties that represent great value for money in today’s market.
We only feature clean titled properties.
We are the only free and transparent Auction House in Tenerife.
We don’t charge a buyers fee.
2. What are the advantages of buying property at Auction?
The opportunity to acquire a property at below market valuation.
When the right price is achieved, you know it’s yours.
No complicated chains.
Sales are normally completed within 28 days.
A wide choice of properties on which to bid.
Your purchase price is governed by you.
An open and secure method of buying property.
All legal documentation is clean and available.
There are no hidden costs.
There is no hard sell you are in complete control.
3. Who can buy at Auction?
Anyone can buy at our Online Auction. The website is global and anyone can bid from anywhere. All bids are put forward to the owners and once a bid is accepted the sale proceeds from there.
4. How do I bid online for a property?
Bid on your selected property using our Make An Online Bid for this Property link accompanying every property.
You can inspect the property at any time and arrange a valuation if you need one.
Property documents are available for checking in person prior to the sale.
NB: If you are successful you will need to send a €1,000 euro deposit once your bid has been accepted. You will then have a further 14 days in which to make up the remaining 10% deposit of the purchase price
If you are successful then you will be contacted by us to make the necessary arrangements for purchasing a property - we will guide you through the process.
And remember, if you have been unsuccessful then - please try again
Please note that whilst Auctions in Tenerife take every precaution to ensure the property and its details are correct, we can not be held liable for any misleading information given by the property vendor or his agent. Properties are bought via Auction at the buyers risk and the buyer is deemed to have taken legal and professional advice.
5. What is a Guide Starting Price?
A guide starting price is what we expect to start the bidding price from.
6. What is the Reserve Price?
In agreement with the vendor a minimum sale price is set, this is known as the Reserve Price. It has been known that vendors do sometimes lower their reserve price. All reserve prices are in confidence with the vendor.
7. How can I pay for my property?
If you are successful then you will be contacted by us and the buying process will be the same as a normal property purchase in Spain but our team will guide you through the buying process. Purchases can be paid for via a mortgage, loan or cash as you prefer.
8. How do I bid online?
Bidding on line is very simple and straightforward. Search through our auction property and find the property that you would like to bid on. Underneath every property in the auction section is a link to place a bid online “Make An Online Bid for this Property” simply click on this link and complete your details. NB: Your bid will need to be higher than any previous online bid if shown. We will then pass your bid onto the vendor and inform you of their decision. If the vendor accepts your bid we will need your deposit and we can then begin the purchasing process.
9. Can I view the Properties for Auction?
Yes, simply contact us to arrange a suitable viewing date and time.
10. Do you arrange inspection tours?
We do not arrange inspection tours but we can arrange for viewings and assistance with finding flights and accommodation locally.
11. How long before I complete the sale?
The sale process can normally completed within 1-2 months but in extreme cases this can be extended.
12. What are the costs of buying at Auction?
Other than your normal legal costs - which your lawyer will advise you of there are no further costs involved. Auctions in Tenerife do not charge any fees to the buyer and entrance to the auction is free of charge.
Quick House Sale
Jul
18
Buying Foreclosure Homes: Real Estate Savings for Everyone
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Making a real estate purchase, especially if it’s for the first time, can be intimidating. There’s a lot to consider, including hiring agents, finding the right homes, and of course the sky high prices you’ll find on most quality homes these days. However, there are ways to make the entire process easier on you and your wallet, and one of the most notable ways to do so is to look into buying foreclosure homes.
Foreclosure homes are special types of real estate that are sold by lenders, banks or government agencies as a means of collecting a debt owed by a previous homeowner. In many cases, these properties are in pristine condition, and in today’s surging market, it’s often possible to find newly built homes that have barely been lived in. But best of all, foreclosure homes offer the buyer the chance to save anywhere from 10 to 50% off market value when they buy an apartment, house or even a commercial property. Those kinds of savings are unavailable on any other kind of real estate.
And this might be one of the best possible times to get involved in the foreclosure homes market. With the national foreclosure inventory estimated to currently be close to one million homes, many areas are seeing record numbers of foreclosures, and this is bringing prices way down. The flooded market is allowing homebuyers and investors the chance to find great deals on all kinds of properties that will pay off for years to come.
BankForeclosuresSale.com specializes in helping homebuyers and investors take advantage of these great chances for savings on foreclosure homes by improving the ways in which buyers can locate listings. A simple search on our foreclosure homes database will yield all kinds of properties that will match all of your needs for a price that will thrill you. Foreclosure homes are quickly becoming the number one way to find discount property in the country, so check out the savings available to you today!
Rent Back
Jul
11
when the car is actually a secured loan.
what is the logic behind it that’s so much worse than regular debt unpaid?
if someone’s credit is already shot, say 600, how much damage can repo do?
Quick Property Sale
