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Buckingham attorney Anthony R. Vacanti offers the following insight on the common requirement that an earnest money deposit in a real estate contract be made in cash: This is the time of year where people focus their attention on gifts, celebrations, and decorations. People pay so much attention to the details of these tasks, yet.
Cost segregation is an excellent tax strategy that helps real estate investors determine which. or 15 years), instead of applying a typical 39 years for non-residential commercial properties, or 27.
The author has seen real estate deals where as much as 10% of the purchase price was put down as earnest money. It depends on the custom of the region and also on the type of real estate transaction involved (commercial transactions often require higher deposits). Contingencies. Losing the earnest money is a terrible result for a buyer.
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This is the first article of a seven part series I will be writing to help guide commercial real estate buyers through all of the steps involved in the buying of commercial property. Putting your first offer to purchase commercial real estate in writ
NEW YORK CITY-Blackstone’s purchase of 179 million square feet of urban logistics. The CoStar Group, a leading commercial real estate research and analytics firm, took a closer look at the deal,
· Buyers might find themselves competing for a property when the real estate market is hot, and earnest money can help here. If you’re sure you can perform and you’re certain that you can get your mortgage and close on the deal, earnest money is simply a front-end deposit on your down payment and closing costs.
Buyers might find themselves competing for a property when the real estate market is hot, and earnest money can help here. If you’re sure you can perform and you’re certain that you can get your mortgage and close on the deal, earnest money is simply a front-end deposit on your down payment and closing costs.