What are common risks in buying commercial real estate?
Commercial property may have all kinds of liens, easement and access issues, and title problems. There may be greater concerns about hazardous materials or zoning issues. Also, there will always be questions about the suitability of the property’s location for your business needs. Furthermore, in many instances, you aren’t afforded the same consumer protections on a commercial real estate transaction that may be available when you purchase a residence.