REALTORS® Report Cash Sales of Commercial Properties at Close to 30% | Bedford Corners NY Homes

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  • Lending conditions continue to remain tight for commercial real estate investments. This is especially pertinent for small businesses and investors looking for properties in secondary and tertiary markets.
  • In addition to tight underwriting, down-payment conditions also require substantial commitment. According to the 2012 Commercial Lending Survey, 72 percent of closed sales required a down-payment larger than 20 percent to secure financing, with seven percent of loans requiring 50-60 percent loan-to-value ratios.
  • REALTORS® report that cash transactions account for almost 30 percent of sales.
via economistsoutlook.blogs.realtor.org

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