- 1 Brokering, Buying, or Selling a Business
- 1.1 SECLUDED
- 1.2 Quitclaim Deeds
- 1.3 About The Reverse Mortgage Attorney
- 1.4 JR-Deal-NewZ-1-18-2021
- 1.5 JR Deal NewZ 9-14-2020
- 1.6 Smart Meter Scam
- 1.7 Buy Real Estate In Partnership
- 1.8 JR-Deal-NewZ-7-19-2020
- 1.9 Flat Fee Payable At Closing
- 1.10 Dodd-Frank And Seller Financing
- 1.11 Small Cell Towers Outside Your Window – Harmful – Reduce Property Values
- 1.12 Voltage Can Vary
- 1.13 Where Does Petroleum Come From?
- 1.14 Can a dismissed Chapter 13 be removed from your credit report?
- 1.15 Become An Attorney Broker
- 1.16 Final Walk Through on New Construction
- 1.17 How Much Does Social Security Pay?
- 1.18 Why you can sell homes in the winter
- 1.19 4017 Colby Everett
- 1.20 Are Rich People Mean? – How Much Is Enough?
- 1.21 Helping Other Brokers
- 1.22 Vaccines Wear Off – Cannot Provide Permanent Protection – Cannot Produce Herd Immunity
- 1.23 LED Street Lights Reduce Property Values – Harm Eyes – wear blue blockers
- 1.24 Cell Towers, Smart Meters, 5G – They All Depress Property Values
- 1.25 Nina Beety’s 50 page Smart meter hazards report
- 1.26 Anti-vaxxer want informed consent and liberty
- 1.27 New York Times – Another Industry Captured Corporation – 5G Must Be Good Because Evil RT Warns It Is Unsafe
- 1.28 Tetanus Vaccine – TDaP – No Proof Of Safety
- 1.29 I just don*t thing being an adult is gona work for me
- 1.30 Sign In
- 1.31 Co-Broker Buyer Broker Agreement
- 1.32 JR-Deal-NewZ-2-8-2019
- 1.33 Home Renovation Can Cost A Lot
- 1.34 Funny Mockery of Ineffective Government – From An Opponent of Single Payer
- 1.35 IRS Provides Clear Test on How 20% Deduction Applies to Rental Income, Exchanges
- 1.36 Real Estate Calculations Every Investor Should Memorize
- 1.37 An additional inspection can cut short the time for the original inspection
- 1.38 Ten Mistakes Investors Should Avoid
- 1.39 How to Make Earnest Money Non-Refundable
- 1.40 4 Different Types of LLCs and the Ways They Pay Taxes
- 1.41 Why I Walked Away from a 118-Door Apartment, 10 Essential Real Estate Team Members & What to Do When Your Tenant Gives Notice
- 1.42 Home Inspection Questions
- 1.43 Door Knocking to Find Real Estate Sellers
- 1.44 Radio – 9-16-2018 8 PM Eliminating Traffic Congestion 9 PM Buying Real Estate in Partnership – James Robert Deal – Attorney Broker
- 1.45 How To Choose A Domain Name – by Saul Klein
- 1.46 Mistakes Sellers Make
- 1.47 Small 5G Cell Towers in Neighborhoods Reduce Property Values
- 1.48 15605 Cascadian Way Bothell WA
- 1.49 Cell Towers Reduce Property Values
- 1.50 Reciprocal Easements by Prescription
Brokering, Buying, or Selling a Business
When a business is being bought or sold, the sale can include the land and building the business occupies, or the seller may be retaining ownership of the land and building and selling only the going business.
The going business is often referred to as a “business opportunity”. I will focus just on the business opportunity aspect of the transaction.
Putting together the purchase or sale of a business is a challenge for many reasons. With real estate, title insurance is available. First, and most important, there is no title insurance for sales of businesses. The buyer must do due diligence to confirm that the seller owns what he is selling.
Next, a business opportunity has more moving parts than a simple real estate transaction. Some of the additional components are as follows:
If the seller does not own the land on which the business is situated, there will be a lease, which must be dealt with. A lease can be assumed with or without release of liability for the seller. If the lease is expiring, a new lease must be worked out.
The business includes inventory. The sale price is often X dollars plus the value of the inventory. The time and method of doing inventory must be spelled out, and there must be agreement as to whether inventory is valued at cost or below cost by a certain percentage. The buyer sometimes has the right to decline to purchase certain classes of inventory, such as old inventory or inventory which is not readily saleable.
Generally there is a down payment of part of the purchase price with the seller carrying the balance. Of the buyer may be able to pay all cash, perhaps by getting private financing, an SBA loan, or some other financing. The buyer might obtain new financing for part of the cost and carry back part of the balance in second position, which is more risky for the seller. There might be extra collateral given, which is called side security.
I could go on and on.
I have structured and closed scores of business opportunity transactions. I am available to work with brokers, buyers, and/or sellers to get these transactions set up properly so there will be a clean closing.
Brokers who lack experience with business sales might bring me in as a co-broker, with part of the commission going to me at closing. I a licensed not only as an attorney but also as a real estate broker. This does not necessarily have to cost the listing brokers anything. The seller might agree on an increase in the commission sufficient to cover my fee. Naturally, I charge more if I am going to be paid only if the transaction closes than if I am charging the buyer or seller by the hour.
If you are a buyer or seller and you have been lucky enough to find each other, I am also available to help you structure your transaction and get it into escrow. I can work for buyer or seller but not for both.
I have an open line to brokers, buyers, and sellers to talk generally about transactions where I might help with.
James Robert Deal, Broker and Attorney
Broker with Agency One Realty LLC
WSBA # 8103, DOL # 39666
James at James Deal dot com
South Everett Home with Gazebo on Back Deck — 11232 3rd Ave SE Everett WA 98208 — Listing Number 1715196 — https://www.WashingtonAttorneyBroker.com/Gazebo
What is a quitclaim deed? What is a statutory warranty deed? When should you use a quitclaim deed? When should you use a statutory warranty deed? When is excise tax owing on a transfer of title?
I am James Robert Deal, reverse mortgage lawyer. I am registered with the NMLA, the National Mortgage Licensing System. My NMLS number is 64871. I...
The James Robert Deal NewZ January 18, 2021 www.JamesRobertDeal.org/JR-Deal-NewZ-1-18-2021 SMART METERS TESTIMONY TO SNOHOMISH PUD...
James Robert Deal, real estate attorney and real estate broker. Flat fee payable at closing. Helping buyers, sellers, and brokers. 425-774-6611.
Smart Meter Scam Click on this link: https://tinyurl.com/Smart-Meter-Docs
If you do not have enough income to qualify to buy a home, join together with several others. But a larger home, big enough for several families. With multiple incomes you can qualify. If you want privacy you can jointly buy a tri-plex or a four-plex. These can be bought with an FHA loan with only 3.5% down.
The James Robert Deal NewZ. July 19, 2020.
I am a real estate transactional attorney. There is no charge for inquiries by phone or email. I can often quote a flat fee payable at closing.
The Dodd Frank Act restricted seller financing. It made due-on-sale clauses enforceable. However, lenders generally do not require payoff as long as the buyer pays the payments.
Small Cell Towers Outside Your Window - Harmful - Reduce Property Values...
Electricity can't be stored, so when I turn on a light, the power station must immediately produce some extra electricity. How is this possible?...
Is anybody contending that oil is being replenished within the earth? Keith Hisey, Geologist, Researcher, Senior Manager, Historian at Consulting...
Q: I am having trouble renting an apartment because of a dismissed Chapter 13 Bankruptcy. Can it be removed from credit reports since I did not...
James Robert Deal is both an attorney and a broker. Attorneys can become real estate agents and make more money and deliver better service as attorney brokers. Join The Deal Team with Keller Williams.
The final walk through is important when buying a new home. Make a punchlist. Listed items can be changed after closing. Expect a final inspection one year after closing.
Why does Social Security pay so little in retirement? Jeanine Joy, Ph.D., CEO, Trainer, Speaker, Author, Researcher at Happiness 1st Institute...
For Sellers, Move-Up Buyers, Selling Myths The #1 Reason to List Your House in the Winter · 2.1Kshares · 1.9K · 82 · 33...
JAMES ROBERT DEALREAL ESTATE ATTORNEYREAL ESTATE MANAGING BROKERCOMMERCIAL MORTGAGE BROKERKW EVERETT 425-774-6611James@JamesDeal.com I am writing...
Why Are Rich People So Mean? Call it 'Rich Asshole Syndrome'—the tendency to distance yourself from people with whom you have a large wealth...
I am a real estate broker and a real estate attorney. I help buyers, sellers, and other brokers throughout Washington. Call me at 425-774-6611 when your purchase or sale involves legal issues. I can often quote a flat fee payable at closing.
Is MMR Vaccine a Fraud or Does It Just Wear Off Quickly? by Joseph Mercola, DO | Guest Writer Published May 8, 2018 | Vaccination, Risk &...
LED Street Lights Reduce Property Values - Harm Eyes wear blue blockers AMA adopts guidance to reduce harm from high intensity street lights ......
www.JamesRobertDeal.org/smart-meters Cell Towers, Smart Meters, 5G - They All Depress Property Values Cell Towers, Antennas Problematic for Buyers...
From James: Smart meters reduce the value of your property. They cause fires. Some damage caused by electrical surges are not covered by insurance....
Anti-vaxxer want informed consent and liberty Ada Drinkwater, Wife mother grandmother great grandmother Liberty & informed consent are not only...
New York Times – Another Industry Captured Corporation – 5G Must Be Good Because Evil RT Warns It Is Unsafe
From James Robert Deal: Too much microwave radiation will make our cities and towns hard to live and work in. We will be fried by smart meters and...
The US Institute of Medicine concluded that the evidence is inadequate to accept or reject a causal relationship between the DTap vaccine and...
Please just overlook the atrocious grammar in three of these. They are not editable but they ARE too good to delete. Contentment is not the...
CLICK HERE TOSIGN UP FOR A BETTER PROPERTY SEARCH TOOLYou will be asked for your email address and your telephone number.You do not have...
James Robert Deal co-brokers with other brokers on complex deals. This is a buyer broker co-broker agreement.
Eliminate traffic congestion. James Robert Deal managing broker. Become a real estate agent.
Reality check: Don’t fall for these TV home renovation fibs Kitchen and bathroom remodels can cost more and take longer than HGTV shows lead you to...
From James: Some points are valid. Some are not. But this is well written and sometimes funny. One of government’s problems is that elected...
The Top 8 Real Estate Calculations Every Investor Should Memorize by Andrew Syrios | BiggerPockets.com...
An additional inspection can cut short the time for the original inspection QUESTION: I’ve always been under the impression that when a buyer sends...
10 Lethal Mistakes to Avoid on Your First Real Estate Investment by Chad Carson | BiggerPockets.com...
Click here if you are having trouble viewing this message. Weekly Membership Newsletter JANUARY 8, 2019 • Stay Connected! QUESTION: I have been...
4 Different Types of LLCs and the Ways They Pay Taxes by Scott Smith | BiggerPockets.com...
Why I Walked Away from a 118-Door Apartment, 10 Essential Real Estate Team Members & What to Do When Your Tenant Gives Notice
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What Buyers Should Ask After a Home Inspection October 9, 2018 After an inspector has finished a home report, buyers may feel overwhelmed by any...
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Radio – 9-16-2018 8 PM Eliminating Traffic Congestion 9 PM Buying Real Estate in Partnership – James Robert Deal – Attorney Broker
JR-DEAL-NEWZ-9-16-2018 WASHINGTON POLITICS JAMES ROBERT DEAL, BROKER, ATTORNEY, ENVIRONMENTALIST, AMATEUR MUSICIAN Radio Program – Sunday, September...
Choosing Your Domain in the Age of Dot ANYTHING Written by Saul Klein Posted On Friday, 14 September 2018 13:00 ·...
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CITY COUNCIL DENIES APPEALS OF CELL TOWER INSTALLATION Sam Catanzaro , Santa Monica Mirror, August 31, 2018 Wireless carrier Sprint wants to install...
15605 Cascadian Way Bothell Washington. $430,000. 3 bedrooms, 2 bathrooms. Buy on FHA Rehab Loan. Hold long term. Eventually sewers may be extended 400 feet, and then two homes, two duplexes or five townhouses can be built. James Robert Deal, Attorney and Broker, 425-774-6611.
Survey by the National Institute for Science, Law & Public Policy Indicates Cell Towers and Antennas Negatively Impact Interest in Real Estate...
Reciprocal Usage Easements? What is the Purpose? Many buildings that were constructed prior to the 1960s lacked adequate parking, and/or even...