When is the Best Time For Business Owners to Buy Commercial Real Estate?
It is 2009 and vacancy rates are on the rise as well as unemployment. Why would a business owner consider building ownership and put their company in debt with a large commercial real estate loan? A lot of industry experts are looking at the commercial real estate market as being very depressed. But I believe someone else’s challenge is your gain. Owning your Business Location gives you a sense of pride AND financial benefits. This being true as long as you can afford your space. So when is the best time to buy, how about right now? Let me explain why. My article is geared towards existing business owners who plan to be in business for the next five to ten years. Prices are low and there are many amazing buying opportunities AND Rates are at a 40 year low. If you have been reading and watching the news lately, you know the government wants banks to lend. The Obama Administration even temporarily eliminated the SBA guarantee fees to make borrowing even easier for business owners. Think
