Purchasing real estate in Texas is a significant investment. Commercial property can be very profitable, but one must be careful to make sure the property will actually make a good investment. Here are a few things to think about before buying commercial property. Can...
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Can you sue against condemnation and eminent domain?
Some Texas residents may like the idea of having their communities improved through public projects. However, you and other individuals may object when you learn that the government wants to take your property in order to expand a road, build a hospital or school, or...
How eminent domain may affect your commercial property
You've worked hard to get where you are today. You are a commercial landowner in Texas. Maybe you have a business open on said land or are leasing space to other business owners. You expected this investment of yours to offer you financial security throughout your...
Common warning signs in a commercial real estate contract
Because location, location, location is everything when buying real estate, Texas business owners want to ensure that any commercial property they consider will be in an area that will help their company thrive. Finding this perfect space is not always easy, and even...
Need a commercial property survey review?
Purchasing a piece of commercial property in Texas is a massive investment. You want to make sure you get the most bang for your buck. You also want to make sure you can use the property the way you envision doing so. One way to ensure you are getting what you want is...
Beware a defective title
Purchasing commercial real estate is a big step with a lot of money involved. The last thing anyone wants is to end up with a property with a defective title, making it possible for others to claim rights to the property one just spent so much money on. Thankfully,...
What you need to know about land condemnation
It is a scary thing to know that Texas residents can purchase property for themselves, only to have the city, state or federal government take it if they feel it is needed for public purposes. Eminent domain gives the government the right to do this. The process of...
A commercial real estate loan is not the same as a home loan
Texas residents who wish to purchase commercial property may find it is more involved than buying residential. The loan itself is quite different. Here are a few things one should know before seeking a commercial real estate loan. Difference number one: Purchase made...
How much of your property could you lose under eminent domain?
When you learned of the possibility of a new road or the expansion of an existing road near your property, you may have had some concerns. Obviously, a new or expanded road could lead to more traffic near your home, and that could present some safety risks. What you...
What you need to know about zoning in commercial real estate
Zoning laws have a huge impact on business because they dictate where a person may operate a business and make some areas off-limits to commercial activity. When looking at commercial real estate, the Small Busines Association explains it is up to the buyer to pay...