Commercial property purchase is based on the needs of a company or entrepreneur. For the past 50+ years, the commercial industry has deviated largely from national oversight. There is less laws regulating in the commercial industry in comparison to over-regulating in the residential industry. As a result, creating a vast imbalance in the real estate industry.
It is important for all Commercial buyers to have strong financial documentation and proven business success. Over 95% of commercial buyers we’ve encountered initially have less than 20% of needed financial documents and knowledge to initiate in the commercial purchase process. Unless 100% cash is utilized, all buyers need some type of financial assistance.
Commercial purchase qualification and process is drastically different than residential transactions. There is a crucial aspect of preparation that requires advance consultation before seeking commercial real estate purchase.
If you are a serious commercial property buyer, schedule with a Cornerstone professional for evaluation and consultation to initiate a successful transaction.
Contact Us to advance to your next level.
