Archive for February, 2010

Legal Aspects – Commercial Real Estate

By John Highman

A major pitfall for Commercial Real Estate Agents and Brokers when they first begin to list the property is that they inadvertently find themselves delving into aspects of law without the necessary deep experience. More

Commercial Liability Insurance Coverage Briefly Explained

By Matheson Thumgard

Every business owner should be educated about insurance coverages before their business opens. Protecting your business and personal assets is of utmost importance. As you begin the process of educating yourself about business insurance, commercial liability insurance will often be the first coverage you consider. More

Short Sale Basics

By Christopher Horlacher, Esq.

What is a Short Sale?
A Short Sale occurs when a Lender approves the sale of a property for less than the amount that is owed on a mortgage or mortgages. The name, Short Sale, comes from the fact that the Lender’s payoff is coming up “short”. In fact, the lender will also be paying the real estate commissions and other closings costs. The sellers in a short sale typically cannot receive any funds from the sale. More

The top 5 considerations for a great retail location

Contrary to public opinion, rent is not one of the top 5 considerations when evaluating a property or a space for your retail business. True, it is an important factor but without consideration given to the 5 items below, even a rent-free location could be a losing proposition. More