Selling Your Commercial Real Estate In El Paso

Selling Your Commercial Real Estate In El Paso

There are things you will want to know prior to or shortly after listing your commercial property for sale.  Have copies of all current leases pertaining to the property at hand, including any modifications, supplements or amendments to leases.  Arrange a current inventory of all personal property to be conveyed under this contract and copies of any leases for such personal property.  Prepare notes and deeds of trust against the property that the buyer will assume or that the seller will not pay in full on or before closing.  Make copies of all current service, maintenance and management agreements relating to ownership and operation of the property.   Make copies of current utility capacity letters from the water and sewer service provider.  Electrical capacity is also an important piece of information for  buyers.  Arrange current warranties and guaranties relating to all or part of the property, as well as leasing or commission agreements related to all or part of the property.  Make sure you have the fire, hazard, liability and other insurance policies related available.    The buyer will need “as built” plans, specifications and a plat of the property.  Have available the invoices for utilities and repairs incurred by the seller for the property the 24 months immediately preceding the effective date.  If you are selling your business, a copy of the income and expenses in the form of a statement is required.   A well represented buyer will ask for copies of all previous environmental assessments, geotechnical reports, studies or analyses make on or relating to the property.  Roxanne Tyroch, CNE can be reached at 915-261-4377 to list and sell your property!


Roxanne Tyroch Headshot
Author:
Phone: 915-261-4377
Dated: March 22nd 2014
Views: 15,229
About Roxanne: ...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Guide To Buying A Home - Planning to buy a home this?
Need An Experienced Lender - Milton Kinnard, Jr
Four Ways To Jumpstart Your Credit Score - Improving your credit score can
The FHA Mortgage Insurance Turmoil Discussion - https://elpasoblog.wordpress.com

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Exit Realty El Paso
299 Shadow Mountain
El Paso, TX
915-209-4787
915-585-9599

Other Locations