Well, it’s back. If you haven’t noticed then you’re probably living under a rock or you’re so buried underneath paperwork and tenant issues that you don’t realize how crazy the real estate market has gotten. In the past year and ever increasingly in the past few months we have received more and more bid requests from our clients during their due diligence time period. Most people don’t even realize this is a service we offer. It’s not really a bid, but this is information that most commercial, industrial and retail companies, who are purchasing properties, need to know. What is it going to cost to fix my asphalt if we buy this lot? This is also a great negotiating item to bring to the table to negotiate a seller credit or a lower purchase price on an asset. Now that you know tell your acquisition team to call on Caliber Paving. We’ll be happy to help you out anywhere here in Southern California.
Check out this helpful Due Diligence Checklist for reference.
