Found 122 blog entries tagged as Alaska Real Estate Agents.

 

Today, we are faced with unprecedented times and new levels of uncertainty.

 So, why send out our first newsletter today? Because now more than ever there is a need for positivity and good news -- for hope.

Federal and State governments have deemed real estate an essential business. We are so grateful that Precision Home Group is still operational and are truly blessed to be able to work and do not take that lightly. We have used the recommended precautions to maintain operations at our office and plan to do so as long as possible. We want you to know that we are here to work for you no matter what and you can always rely on the Precision name!

 We are no strangers to challenge.

 We will get through this together. 



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When looking to lease or purchase a commercial property, you want to start the process by walking the property, looking at financials and making sure the property use fits your needs. The next step is to submit a letter of intent, or LOI, to start the process of negotiating terms with the property owner. Below are five things to be addressed in the LOI.


5 Things to Know About a Letter of Intent (LOI)

 

1. Purchase Price and Terms

One of the first things that the owner will want to know is what the buyer is paying for the property. This can come in a variety of different ways, but at the end of the day it needs to be specific how the price is going to be settled.

In a lease, this is typically calculated in a dollar amount per square foot and will have a set percentage escalated…

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