Due Diligence for real estate investors is commonly accepted as being important. Most realize they should get a property condition report, however, understanding how to implement a scope of due diligence that is appropriate to a specific asset is what separates the most successful real estate investors from their less-successful counterparts. Most investors understand [...]
Recent Articles
Importance of Property Due Diligence
The proper definition of Property Due Diligence is investigating about a property before signing the agreement or contract with certain standard of codes. The property due diligence is very necessary check for those who are buying, selling or lending the property. Property due diligence will play a major role in the transactions such as securing the title insurance policy [...]
Property Condition Report
A property condition report is a report on the physical condition of an asset that is prepared by qualified architectural and/or engineering professionals in association with a real property acquisition and finance transactions. Consequently, the term “Property Condition Report” can mean differing things depending on the type of transaction and the respective roles of [...]
Phase I Environmental Site Assessment: An Important Step
A Phase I Environmental Site Assessment (Phase I Environmental) is the first step in performing environmental due diligence in connection with a commercial real estate transaction. And, if properly conducted, a Phase 1 environmental is the best tool available to help protect real estate investors and lenders associated with a transaction from assuming the environmental [...]
Commercial Building Inspectors
Commercial building inspectors are an important part of due diligence. Basically the inspection is a formal evaluation about a property and the characteristics of it which we check with the pre assigned standards. The commercial building inspection which includes architectural inspection, environmental inspection and other mandatory test will be done. The buildings map should be produced [...]
