Due Diligence Tip #20

If your property acquisition is going to be financed then involve your lenders early.  The credit analysis process and appraisal period can be quite time-consuming. This way, if environmental issues do arise, they (and their own attorneys) can participate early and are less likely to arrive the day before closing with unworkable demands that delay your transaction. Moreover, time your real estate acquisition early to avail yourself of any possible tax advantages.