Investor · Laguna Beach, CA · Member since 2015 · 15 posts · 3 votes
I have been trying to compile the most comprehensive commercial due diligence for each side, seller & buyer, and have a lot of information to be thorough yet efficient. Is there anyone out there that has a checklist that is independent to each side? I am getting bogged down with TOO much information at this point. Thank you!
Commercial Real Estate Broker · Seattle, WA · Member since 2017 · 110 posts · 79 votes
8y
will also depend partly on which market, western Washington for the example has notoriously bad soils which would require far more scrutiny than somewhere like Colorado for example.
Real Estate Agent · Allentown, PA · Member since 2017 · 343 posts · 156 votes
8y
Also varies based on city requirements. In Allentown we make sure that there is nothing the City is going to find and flag and we are going to be stuck with. Good luck!
Rental Property Investor · Denver, CO · Member since 2013 · 4k+ posts · 2k+ votes
8y
@Taylor Hazard Just to be clear, Colorado has bad soil as well. Expansive clay soil and if the structure was not properly designed and constructed, the result can be complete failure of the structure. I worked for an engineering company whose structural engineer messed up the design and the result was that a fully finished house had to be torn down and a completely different foundation system used. I know of some commercial properties where the Geotechnical Engineer was fired because the builder thought the foundation design was "too conservative" (too expensive). They found a different engineer to design a "more reasonable" (cheaper) foundation. At any soils is not something to skip over in certain areas.