Oakland Michigan Commercial Property Sales Package

State:
Michigan
County:
Oakland
Control #:
MI-P021-PKG
Format:
Word; 
Rich Text
Instant download

Description

With this Commercial Property Sales Package, you will find many of the forms that are part of closing a commercial real estate transaction.


Included in your package are the following forms:



1. A Contract for the Sale and Purchase of a Commercial Lot or Land without a Broker;

2. A Option for the Sale and Purchase of a Commercial Building;

3. A Option for the Sale and Purchase of a Commercial Lot or Land;

4. An Addendum for Environmental Assessment of Threatened or Endangered Species or Wetlands;

5. An Addendum for Continued Marketing of Property by Seller due to Contingencies;

6. An Exchange Addendum to Contract for Tax Free Exchange under Section 1031;

7. A Tax Free Exchange Agreement pursuant to Section 1031; and

8. A Fixed Rate Promissory Note Secured by Commercial Real Estate.



Purchase this package and save up to 30% over purchasing the forms separately!

Oakland Michigan Commercial Property Sales Package is a comprehensive and all-inclusive set of documents, information, and services provided to individuals or businesses looking to buy or sell commercial properties in Oakland County, Michigan. This package is specifically designed to streamline the process of commercial property transactions and ensure that all necessary legal, financial, and administrative aspects are covered. The Oakland Michigan Commercial Property Sales Package includes various key components to facilitate a successful commercial property sale. These components may vary depending on the specific provider, but generally encompass the following: 1. Sales Agreement: A legally binding contract outlining the terms and conditions of the property sale, including purchase price, financing arrangements, contingencies, and other relevant details. 2. Property Listing: Detailed information about the commercial property being sold, including location, size, zoning, tax information, existing leases, amenities, and any potential restrictions or liabilities. 3. Appraisal and Valuation: An appraisal report providing an estimate of the property's market value, helping buyers and sellers determine a fair selling price. 4. Due Diligence Documents: A collection of records and reports related to the property, such as title deeds, previous surveys, environmental assessments, building permits, and financial statements. These documents help potential buyers assess the property's condition and potential risks. 5. Financial and Loan Documents: Information regarding financing options and loan packages available for commercial property purchases, including terms, interest rates, repayment schedules, and eligibility requirements. 6. Marketing Materials: Professionally prepared brochures, photographs, virtual tours, and other promotional materials showcasing the commercial property's features, benefits, and potential uses. 7. Legal Assistance: Access to legal professionals experienced in commercial property transactions, providing advice, contract review, and assistance throughout the sales process to ensure compliance with local laws and regulations. 8. Closing Services: Coordination and facilitation of the property closing process, including the transfer of ownership, submission of required documents, disbursement of funds, and title insurance arrangements. Different types of Oakland Michigan Commercial Property Sales Packages may be tailored to specific property categories, such as office buildings, retail spaces, industrial complexes, or vacant land. Each package is designed to address the unique requirements and considerations associated with different types of commercial properties. In summary, the Oakland Michigan Commercial Property Sales Package is a comprehensive solution that brings together all the essential components and services needed for a smooth and successful commercial property transaction in Oakland County, Michigan. Whether buying or selling a commercial property, utilizing this package ensures a streamlined and professional process while minimizing risks and maximizing opportunities.

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FAQ

Net Operating Income To determine the NOI of a property add all sources of revenue (rent, leases, parking) then subtract all expenses (utilities, maintenance, taxes, but not mortgage) from that number. A property with a high NOI is the better investment.

The Ultimate Guide to the Best Commercial Real Estate Listings Sites 2022 Update CommercialEdge. Commercial Cafe. CommercialSearch. PropertyShark. Brevitas. Spacelist. Quantum Listing. LoopNet.

The Ultimate Guide to the Best Commercial Real Estate Listings Sites 2022 Update CommercialEdge. Commercial Cafe. CommercialSearch. PropertyShark. Brevitas. Spacelist. Quantum Listing. LoopNet.

How do you find good Commercial Property deals? 1 Local and national sales agents.2 Proactive Networking.3 Online search.4 Building personal profile on and off line.5 Auction listings.6 Sourcing agents.

Costar focuses on helping users research properties and understand market conditions, while LoopNet's main purpose is to assist in the listing, marketing, and selling of properties.

Four Keys to Sourcing Good Deal Flow in Commercial Real Estate Key #1: Relationships. Commercial real estate brokers are the gatekeepers for many deals.Key #2: Clear Investment Criteria.Key #3: A Methodical and Data Driven Approach.Key #4: Multiple Offers.Interested in Learning More.

Zillow doesn't provide access to commercial real estate listings. They focus on residential real estate like homes and townhouses ? not commercial property.

NAP: Not A Apart. NNN (Triple net) lease: lease in which tenants pay a base rent plus property tax, insurance & CAM fees. Absolute NNN lease is NNN lease that tenants also pay property management fee.

Crexi enables commercial real estate professionals to quickly streamline, manage, and ultimately close deals faster with their suite of advanced tools. With millions of users and over 500,000 commercial listings totaling more than $1trillion on property value, Crexi is the fastest growing CRE platform there is.

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Leased Housing Documents can be deposited in the drop box at 1540 Webster Street. Find a property for sale or lease.Fill out applications for health licenses and permits. Find commercial real estate services and property investment strategies. 1-level home with 3 bedrooms, 2. 1 baths, patio, and attached 2-car garage. 12 listings — Browse active real estate listings for apartments to rent or houses for sale. Real Estate, Homes, Horse and Cattle Farms, Lake and River Property, Land and Commercial Property for sale. San Joaquin County's Number 1 Real Estate Company. Get protected today for Auto, Home, Business, and more with Mercury Insurance.

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Oakland Michigan Commercial Property Sales Package