Real Estate Property Listings
Tips & Advice to help you make your decision on Real Estate Property Listings
Have you been thinking about opening a new store that serves a need in your community? Or perhaps you want to expand your business by opening locations in other areas? Regardless of why you want to explore the commercial properties available, you will need a reliable resource that can tell you specific information about each one.
A commercial real estate listing could give you access to the information that you need to make good decisions for your business. Many listings can give you access to hundreds, or even thousands, of properties. If this seems like too many listings to explore, then you might want to consider looking for a commercial real estate listing that allows you to set your own search parameters. That way you could search for properties that meet your space, location, and price requirements.
Business.com lists the links on the left to make this process easier on you. When you click on a link, you will have the opportunity to read information that is relevant to buying, renting, and leasing commercial real estate. After exploring several of the sites listed by Business.com, you should have a better idea of what options you need to help your business grow successfully.
Real Estate Property Listings Key Terms
Learn about foreclosure, bank owned and other real estate property listingsBy Sandy Baker Real estate property listings are properties ready to be purchased. Investors may need to know a few terms found on these listings to better understand the type of property they are purchasing. For sale by owner properties and Realtor properties may be listed separately. Bank owned and foreclosure listings are usually listed separately from other properties being sold. Understanding these terms is important in any search for residential or commercial properties throughout the country.
For sale by owner (FSBO)
For sale by owner (FSBO) properties are those sold by the owner, without the aid of a real estate agent. The properties may include single family and multifamily properties, condominiums, mobile homes, land and commercial properties.
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To learn more about FSBO properties, visit the Staging Bug.
Realtor
Not all real estate agents are Realtors. When browsing through real estate property listings, individuals may find mention of Realtors or Realtor properties. A Realtor is a real estate agent who is a member of the National Association of Realtors, a professional association that holds the agent to a higher level of practice.
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Visit the National Association of Realtors to find out more about the advantages of working with a Realtor.
Foreclosure
Some property listings will list foreclosure properties separately from traditional for sale properties. A foreclosure is a repossession by the lender due to a defaulted loan.
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Visit RealtyTrac to find out more about foreclosure and foreclosure listings.
Bank owned property
Bank owned properties, often called REO properties, are those owned by a bank due to foreclosure. When homeowners default on their loans, the foreclosure process begins. After taking ownership, the lender sells the properties.
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U.S. REO Properties defines and provides insight into REO properties.
Preforeclosure sale
A preforeclosure sale is a property for sale by a homeowner who is falling behind in the mortgage. The property is sold and the proceeds are used to pay the mortgage. In some situations, the sale price is not enough to cover all outstanding debt, but the lender forgives the remaining debt to stop the costly foreclosure process.
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Visit the U.S. Department of Housing and Urban Development to get a better understanding of a preforeclosure sale.
Real estate comparables (comps)
The term comps is often used in real estate property listings. It is an estimated value of the property, factoring in comparable properties.
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Visit Zillow to learn more about comps and how they are calculated.
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