Friday, April 26, 2013

Industrial Properties For Sale



When an investor is looking to invest in industrial properties for sale then there are a few guidelines to follow when choosing the right property. Does the investor want to buy in order to rent it out again? Leasing industrial properties is basic and simple. Vacancies are easy enough to manage, but just mustn't have any special designs that would limit the tenant's usage of the property.

Rents are usually on a net rent basis and the tenants usually take full responsibility for the payments that go out. The landlord needs to make double sure that their accounting process is sound and reliable so as not to have any unpaid rent fees which in turn accumulate unwanted fines.

When the property markets are strong, the profits that can be achieved from industrial properties for sale can be very lucrative to the seller. The landlord needs to take great care in ensuring that a good record is kept of good tenants with a good track record of rental payments and also a very good and sound lease as well as a terrific location and well maintained property.

Industrial properties for sale are attracted by two sources, the investor market and the owner occupiers. So if the one sector is selling slower than the other, there will still be sales to be made from the other.

Other key features that will help industrial properties for sale to sell quicker than most would include features such as ample car parking for staff and customers to make access to the building easier and more convenient not to mention accessible.

Along with the parking area for the customers and staff it is also advisable to position food loading and turning areas for trucks for your loading and off-loading purposes. Having well planned and positioned loading areas will ensure that productivity isn't slowed down because all loading and offloading will run smoothly efficiently.

On the topic of trucks, it is also vital to have generous warehouse height and entry points for trucks and storage. This ensures that the goods are off-loaded as close to the warehouse storage area as possible, again not taking away from productivity and allowing for quick and smooth operations.

Good proximity to services such as roads, transport, water, petrol stations, electricity, and other industrial tenants.

Theses elements play a major role in the quick disposal of industrial properties for sale. Whether you are a real estate agent, a property investor, or a business needing a building to occupy, you can start with these basic informative suggestions and add your own special requirements to create the profile of a good industrial property in your area.

Thursday, April 18, 2013

Shopping for a Mortgage Home Loans

Shopping for a mortgage home loan can be quite confusing for the average consumer.

There are so many different ads and websites that promise you extremely low interest rates, along with low or zero closing costs, and you don't know what to believe or who to trust.

Every day the TV and the internet are constantly bombarding the average homeowner several times a day, so you decide to call some of the advertisers and find out the scoop.

When you call, it seems each company has its own agenda to push on to you and your left feeling more confused than when you started shopping for your mortgage.

The following is a simple list of 7 things you should know and ask before you make your final selection.

1. Find a Mortgage Company that you want to do business with. Start with a referral from a friend, neighbor or relative and get the names of 2 or 3 companies you can call.

2. Check to see the company that you use is local, check the mortgage company's rating with the Better Business Bureau and review their complaints if they have any and find out their reputation, etc.

3. Call the mortgage companies for a quote by giving them your scenario something like this: I have a refinance, on my primary residence, my credit is excellent, the loan amount is app 250,000 and my home is worth app. 400,000.

At this point, the mortgage company should be able to give you a quote without pulling your credit until you are ready to lock in your home loan with them.

4. Ask them for the total closing costs for the rate and loan amount they promised you. Also, ask them if there is a no closing cost option for a higher rate and compare the monthly payments of each rate quoted. This will help you determine how long it will take to recoup your closing costs. You will also be able to see how much money you will save by refinancing.

5. When shopping for a home loan and comparing the closing costs/fees, it's best to do so in the same day. The reason for this is that rates and credits for the rates can change at least once daily, so by shopping in the same day, it is a fair comparison.

6. Ask the mortgage company if there are any costs associated with initiating the loan, like an application fee, or lock in fee. Some companies charge these fees upfront and you want to avoid any surprises when you select a mortgage company to work with.

7. Once you make your decision and select your mortgage company that you want to work with, and then lock in your rate. Failing to do so is a gamble and you can lose your "low interest rate" and closing cost credits quickly in the changing market.