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Home Improvement – New Solar Technology
Solar panel systems have always been criticized as bulky and unattractive. New solar technology is beginning to make such criticisms a thing of the past.
Solar Advancement
While everyone agrees solar energy is a clean, cost-effective energy...
How to Make Roman Shades -
Roman shades are a simple and elegant window treatment to block the sun or prying neighbors. Nicer than plain plastic shades, but less expensive than ornate window shades, Roman shades provide the perfect start to a beginning home decorator.
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Kitchen Remodeling: Do it Yourself vs. Hiring a Contractor
When you are considering kitchen remodeling, one of the first
questions that are likely to come to mind is whether it would be
better to hire a contractor to remodel your kitchen or simply do
it yourself? That's a complicated question and there...
Location, Location, ... - Not!
LOCATION, LOCATION, ... - NOT!
Untold Secrets of Buying and Selling Real Estate
Owning a home can truly be satisfying. However, with the financial pressures of today's world, getting good value is crucial. These days I am much savvier about...
Preparing Your Home for Sale: Make Repairs
Before a buyer considers your home seriously, it must meet his needs in a variety of ways. It must be a suitable commuting distance, neighborhood, design style, floorplan, size, number of bedrooms, etc. If all or most of these needs are met, the...
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Commercial Real Estate Definitions – From O To Z
Commercial real estate is distinctly different from residential real estate. The terminology is very different and here is a list of new terms from O to Z.
Commercial Terms
Operating Expenses: Just as it sounds, operating expenses are those costs associated with operating a commercial property. Contract and state law typically govern the exact nature of the operating expenses.
Partition Wall: A wall built in the internal area of a suite to divide the general space. For instance, offices built during a tenant improvement project with have partition walls separating them.
Punch List: A punch list runs part and parcel with a walk through of completed construction work. The construction company and client will walk through the area and complete a punch list of items that need to be fixed or modified. .
Shell Space: The interior of a commercial building that has been completed, but does not yet have any tenant build outs. The shell space generally refers to this gross square footage regardless of whether tenant improvements have occurred or not.
Substantial Completion: Notice given by a
contractor to the client indicating the property has been completed to the point where a walk through and punch list review are appropriate.
Usable Square Feet: The square feet in a building, suite, warehouse and so on that can actually be used by tenants. Due to building regulations and design issues, certain amounts of a space in a tenant suite may not be usable and such footage is excluded from this calculation
Unlike residential real estate, commercial real estate is primarily considered a business transaction. Learn the terms and you’re well on your way to moving smoothly through the process.
About the Author: Dan Lewis is a mortgage broker with http://www.gwhomeloans.com - San Diego mortgage brokers providing home loans and refinances. Visit http://gwhomeloans.com/services.html to learn more about options for San Diego mortgages.
Source: www.isnare.com
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