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Buying a hotel or motel requires:

  1. Hotel broker's education and expertise who has traveled extensively on same road over and over again, counseling many buyers in making  most informed decision while turning a  major mile-stone in Hospitality Industry. 
  2. Signing a Non-disclosure and Confidentiality Agreement with a professional hotel broker.
  3. Perhaps an Exclusive Buyer Agency contract that empowers broker and establish a cutting edge relationship to provide you the highest level of services and expedite your custom search process.
  4. 3% of offering as a good faith escrow deposited that could tie up during negotiation and can be refunded back if result is not favorable at end of negotiation. If offer is accepted deposit will be applied towards down payment at closing.
  5. More we know about your resources, skills, needs-likes and dislikes we are narrowing the search and saving you great deal of time and aggravation. Our web site Buyer Registration offers a message block that is a great way to do same 
  6. Buyer's resume with most recent credit report can determine availability of any financing needed.30% to 50% down payment as an initial investment and hotel experience required by all financial institutes. 
  7. Two months  operating expenses as a working capital for a first time buyer to minimize risk of being in a new  business
  8. Buyer's advisory group - an investor, an accountant, an attorney and a property insurance agency
  9. Brokers co-ordination with buyer's advisory group, financial resources, title companies and others to bring the transaction to timely conclusion       

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