Posts tagged "Real Estate"

Commercial real estate: Scrutinize what's included in CAM fees

Most commercial tenants end up paying at least some common area maintenance fees whether they rent space here in Nashville or elsewhere. However, that does not mean that a commercial tenant should not scrutinize that portion of the commercial real estate lease prior to signing it. Since these costs make up part of the rent, it is important not to pay more than necessary or to pay for something that may not ordinarily be considered a common area maintenance item.

Purchasing real estate as a business investment

Nashville businesses may decide to increase their revenues through investments. One type of investment that could be lucrative involves the purchase of real estate. Those new to this potential income stream may need more information about what it means before making the decision to add one or more pieces of property to their investment portfolios.

Doubling down on one piece of Nashville real estate

Developing enough residential housing to meet demands of the Nashville housing market may be easier said than done. Even so, it may be possible to take advantage of a zoning policy that allows a builder to double down on one piece of real estate. In fact, you may have already seen single-family homes being demolished in order to make room for something new.

The importance of an appraisal to a commercial real estate deal

Nashville residents looking to purchase commercial property could search high and low for the right one. After finding it, several details will need addressing before the real estate transaction can close. Some would say one of the most important steps is obtaining an appraisal since the receipt of a loan, along with other financial considerations, often hinges on it.

Understanding some terms in a real estate purchase agreement

Buying a home here in Nashville for the first time can be an exciting time, but it can also be a confusing and frustrating prospect. So many steps require attention before the buyer gets the keys to his or her new home, and a new homebuyer may wonder what takes so long and why there is so much paperwork. Understanding the terms of the real estate purchase contract could help alleviate some of that and answer some questions.

Red flags for tenants in commercial real estate leases

Renting commercial property here in Nashville can be a complex and exciting prospect. When reviewing a commercial real estate lease, it would be a good idea not to move too fast. Instead, it deserves a thorough review in order to be sure that the tenant's rights and business interests are protected.

Real estate issues: Adverse possession

Some people believe that good fences make good neighbors. It's a proverb that dates back to the mid-17th century. Robert Frost used it as a refrain in his poem, "Mending Fences," though Frost appears to have meant the opposite -- that boundaries are actually what alienate us. Nevertheless, when a boundary, such as a neighbor's fence, falls on the wrong side of the property line, it's one of the primary real estate issues that homeowners encounter across the country, including here in Tennessee.

Don't forget about parking when negotiating a commercial lease

Finding the right location to rent for a business here in Nashville probably took some time. Now, the owner is anxious to get through the formalities and get into the space. The problem is, accepting the first draft of a commercial lease from the property owner could cause issues in the future for a prospective tenant.

Zoning and land use issues affect many real estate transactions

Searching for the right residential or commercial piece of land here in Nashville can take some time. Even individuals looking for residential property may run into issues with zoning and land use if they are looking for a piece of property that does not already have a home on it. Depending on the purpose for which the property will be used, these issues could interfere with a smooth real estate transaction.

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