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Purchasing or selling investment property has always been a complex transaction because of the tax implications.
Knowledge of real estate laws and legislation
Trust is the basis of any successful relationship. We would not expect you to trust our partnership as independent
real estate agents if it were not rooted in our individual and joint experience as homeowners and income property
investors. You should expect from us, as agents, to be highly skilled and fluent in all forms of
complex real estate transactions. You can be sure to receive from us, as a team, a high level of personal service
and attention to detail.
What you might not expect is our shared up-to-date knowledge of real estate laws and legislation that constantly
challenges the assumptions of both buyers and sellers, and especially investors. This knowledge comes not only
from our never-ending education and our relationship with some of the best real estate attorneys in the city, but
also from our everyday experience as managers of our own properties.
Legal and financial details affecting the transaction
Purchasing or selling real estate investment property brings into the picture numerous issues which have to be
considered as important as other "common standards" of the successful transaction.
For example, certain rules and regulations regarding landlord-tenant relationship (even if a property is currently
vacant) can make it more desirable, allowing for a significant increase in the selling price. Other regulations
could make the sale more difficult.
Tax implications are also very important issues to consider. Sometimes a slight change the closing date or agreement
on partial seller's financing may drastically change your "end-of-tax-year" financial picture.
Representing Buyers
Representing Buyers, we meet with you and the mortgage broker to review different mortgage programs and down payment
options. Working as a team, with real estate financing specifics in mind, we can help you build
the right strategy. Also we will advise you on different ways of improving your qualification for the income property
financing. The objective is to identify the best possible financing available in order to maximize your purchasing dollar.
Representing Sellers
Representing Sellers, we meet with you to discuss many of the important financial issues you may face such as: tax
implications, 1031 exchanges, and seller financing (partial or full).
We will make sure that you thoroughly understand all the details of the contract forms and disclosure package. This
is especially important for Sellers and Buyers of tenant-occupied properties, as such transactions require some
special forms and questionnaires.
"Contractors specials"
Some investors are looking for a land or "fixer-upper" purchase. Building a new house or renovating existing one
might be a very exciting project. We will be happy to provide you with the most recent regulations and recommend you
certain inspections to ensure success of your future project. Constantly changing building codes differ in each county
or district within a city. We will also provide you with a list of mortgage professionals specializing in the
land/construction financing.
Selling or buying a business?
If you are a business owner or want to purchase a business, we will be happy to apply our experience in that process. We will
help you file all necessary paperwork, and recommend you to the title companies specializing in business sales.
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