Clear title and permits before you underwrite buying your building

For Corporate real estate teams · also Acquisition & investment teams, Real estate counsel

Due diligence on [address]: title, permits, liens and encumbrances — what is wrong with it? Then underwrite this: [address] at [asking price] from the attached T-12 and rent roll, allowing for what that diligence found. What is the return and is the entry price right?

You give

The address; the asking price; the T-12; the rent roll

You get

Title, permit, lien and encumbrance findings, in the assistant

Then

Underwriting — ask for it in the same conversation once step 1 is done