Minot Realtors - Commercial, Residential, Land and Property for Sale in Minot North Dakota. Your team of commercial experts in Minot, ND and the surrounding area specializing in commercial and industrial real estate. Experience includes land parcels of any size for residential, commercial and industrial developments, specialized oil field service construction projects, and detailed rail projects.
In a tight market, we can find the right property to meet your needs. Our team and transaction was handled with professionalism and care from start to finish. Often, commercial projects take several months and Kristen and Duane were patient and diffused any issue that came up. Our firm will definitely use them again ~ Peter M. Our site offers the latest in Minot commercial listings around the Ward County area.
We can sell you any commercial or residential property in the entire Minot area no matter who actually lists the property. Using a buyers agent when purchasing real estate is not only smart, it's economical since it costs you nothing for our services.
In a tight market, we can find the right property to meet your needs. Our team and transaction was handled with professionalism and care from start to finish. Often, commercial projects take several months and Kristen and Duane were patient and diffused any issue that came up. Our firm will definitely use them again ~ Peter M. Our site offers the latest in Minot commercial listings around the Ward County area.
We can sell you any commercial or residential property in the entire Minot area no matter who actually lists the property. Using a buyers agent when purchasing real estate is not only smart, it's economical since it costs you nothing for our services.
Services
Residential loan in that the terms in the requirements for applying for a loan are different.
Typically, a residential loan will be easier to obtain and you'll need less down payment than on a commercial loan.
While residential loans understand that you will be living in or renting out the home for living purposes, a commercial loan will require you to explain and map out the future growth and potential of the commercial property.
There is typically a higher risk for a commercial loan than a residential loan and the lender will typically acquire some equity to be paid down by the borrower ahead of time.
Typically, a residential loan will be easier to obtain and you'll need less down payment than on a commercial loan.
While residential loans understand that you will be living in or renting out the home for living purposes, a commercial loan will require you to explain and map out the future growth and potential of the commercial property.
There is typically a higher risk for a commercial loan than a residential loan and the lender will typically acquire some equity to be paid down by the borrower ahead of time.
Are you thinking of entering the commercial real estate market?
If you're thinking about renting or owning commercial real estate, there's some terms you should probably have a good grip on.
Real Estate Broker - These are agents that are state licensed and have expertise in the leasing process.
They help you find spaces and help you in all areas of the leasing transaction.
Common Area Maintenance - Also known as (CAM) this is the amount of traditional rent charged to the tenant to maintain the common areas that are shared by tenants.
If you're thinking about renting or owning commercial real estate, there's some terms you should probably have a good grip on.
Real Estate Broker - These are agents that are state licensed and have expertise in the leasing process.
They help you find spaces and help you in all areas of the leasing transaction.
Common Area Maintenance - Also known as (CAM) this is the amount of traditional rent charged to the tenant to maintain the common areas that are shared by tenants.
Commercial real estate is making a comeback and as it does, many buyers are interested in expanding their various businesses by looking at properties currently on the market.
One of the first things a growing business looks for is warehouse space.
It's perfect for storage or creation and production of goods.
Many people see use for warehouses including: manufacturers, importers, exporters, wholesalers, transport businesses and many more.
Warehouses are generally pretty plain buildings located in industrial areas.
One of the first things a growing business looks for is warehouse space.
It's perfect for storage or creation and production of goods.
Many people see use for warehouses including: manufacturers, importers, exporters, wholesalers, transport businesses and many more.
Warehouses are generally pretty plain buildings located in industrial areas.
What paperwork is needed for a commercial mortgage in Minot?
The usual documents include: profit and loss statements, tax returns, rent roll, property photos, personal financial statement and capital improvements summaries.
The best way to ensure a quick, easy, and accurate closing, is through preparation.
In commercial lending, preparation means knowing what a commercial real estate loan underwriter is looking for, and providing it, before they even ask for it.
Property management resume, or letter of credentials, if property is professionally managed.
The usual documents include: profit and loss statements, tax returns, rent roll, property photos, personal financial statement and capital improvements summaries.
The best way to ensure a quick, easy, and accurate closing, is through preparation.
In commercial lending, preparation means knowing what a commercial real estate loan underwriter is looking for, and providing it, before they even ask for it.
Property management resume, or letter of credentials, if property is professionally managed.
You know that show, Mythbusters?
They should probably do a stint on "Real Estate Lies and the Lives they claim".
Okay, maybe that's a little dramatic, but there are myths running around in the real estate world that need to be dealt with; like this one.
Investors just getting their feet wet, dream about investing in large apartment complexes and see it as hitting the big time.
Experienced investors see multifamily as the next logical step.
Basically, there is a lot to like about this business, and it could offer something for everyone.
They should probably do a stint on "Real Estate Lies and the Lives they claim".
Okay, maybe that's a little dramatic, but there are myths running around in the real estate world that need to be dealt with; like this one.
Investors just getting their feet wet, dream about investing in large apartment complexes and see it as hitting the big time.
Experienced investors see multifamily as the next logical step.
Basically, there is a lot to like about this business, and it could offer something for everyone.
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