The idea of Location, location, location as the three most important words in real estate was coined by an unkown person or surely by someone too embarrassed to admit to having coined that phrase. I can only suspect that the point this person was trying to make was that where a property is located is the most important aspect of that property. Now, there is a smidgin of truth in this statement. Location of real estate does have both merit and value. But as you will shortly understand, it is not the location that makes the property most valuable.

Lets look at two corners of a very busy intersection in a prosperous city in the U.S. Each corner is exactly the same size and each street that makes up this intersection is equally important, with the same amount of traffic at all times of the day.

The factors that affect the value of real estate are generally obvious once they are at work, causing real estate to rise or fall in value. It is important to understand exactly what those factors are and how they can cause the value to move either up or down. The key to success in commercial real estate is to use this knowledge in determining when and what to buy, and how to maximize your profit on a sale. Interestingly, the same factor can cause one property to go up in value while causing another similar property in the same town to go down in value, even if it is just across the street.

As a specialist in the Northern Virginia Real Estate market, I am able to provide my clients with access to the most comprehensive list of REO's (Real Estate Owned), otherwise known as bank owned properties. Click on the links below to search for bank forclosures.

AmSouth Bank
Bank Of America
Beal Bank

Below is a list I have compiled of hard money lenders for commercial projects:

A Bad Credit Lender
Advance America Property & Finance, LLC
Apollo Financial
Atlanta Hard Money Loans