The Benefits of a Property Condition Assessment NJ
                     The Benefits of a 
Property Condition 
Assessment NJ
The Benefits of a Property 
Condition Assessment NJ
 Conducting a property condition assessment NJ before purchasing a commercial property is very important. This 
assessment marks the starting point of your technical due diligence. It may warrant other investigations based on its 
findings to uncover important issues from the initial inspection. Most property owners include additional 
investigations into termites, mold, radon as well as ADA compliance. It is also a good idea to perform a Phase I 
Environmental Site Assessment due diligence as well since environmental risks pose significant threats to 
commercial properties. You need to have a clear understanding of the risks you are exposed to in the environment.
  So how exactly will you benefit from conducting a property condition assessment NJ? First of all,   this assessment 
can help with estimation of costs. A good assessment will estimate how much it is going to cost you to fix all of the 
problems identified on the property and lay out expectations for near term capital outlays.  This is actually the most 
important part of the property condition assessment. These costs should be included in your calculations for the 
returns you expect to get from the property.  You should also be prepared for the current and future expense as well 
as capital outlays.
The Benefits of a Property 
Condition Assessment NJ
  Another benefit of a property condition assessment NJ is that it gives you power to 
negotiate terms. You This assessment can be used to leverage contract terms in order 
to help you get a lower price from the seller or other concessions. There are buyers 
who negotiate huge discounts based on the results of a PCA, and there are sellers 
who agree to make substantial repairs of problems identified by a PCA before or 
after closing so as to keep the deal from falling through.    
 For more information on the benefits of a property condition assessment NJ, visit our 
website at http://www.lockatong.com
The Benefits of a 
Property Condition 
Assessment NJ