Blog

11 Tips for Successful Commercial Real Estate Negotiations

Negotiating isn't just about the price– it's about navigating the complex landscape of a commercial real estate transaction process. From understanding the market to mastering communication, NexGen offers key tips to sharpen your negotiation skills and smooth your property deal. Ready to dive in? The Art of Negotiation The first rule of thumb in the...

Nov 28, 2023
Role of Title Insurance in 1031 Exchange Transactions

You've probably heard of a 1031 Exchange transaction if you're into real estate investing. Thanks to Section 1031 of the US Internal Revenue Code, investors can avoid paying capital gains tax when they swap one property for another. It may sound a bit complicated, but trust us, the financial rewards can be worth it. But...

Nov 03, 2023
commercial title insurance agency

Commercial real estate transactions are a big deal (literally and figuratively), stacked with paperwork and enough jargon to make your head spin. In the middle of all this, you’ve probably come across the term ‘commercial title insurance’ and found yourself scratching your head, wondering what it’s all about. All you know is that it’s somehow...

Oct 26, 2023
man's hand is building a cube wood text - TAX

Knowing the mechanics of 1031 tax-deferred exchanges can massively impact your investments in the long run. Under Section 1031 of the Internal Revenue Code, you can swap one real estate investment for another and defer capital gains taxes. However, navigating the rules of 1031 exchanges, such as like-kind properties and time frames, is easier said...

Oct 03, 2023
Real estate escrow services explain terms and condition to the customer before they deciding to buy a property.

Buying or selling a commercial property is one of the most important financial decisions you can make and should be treated as such. Every transaction is a multifaceted, high-stakes deal that can come with complex title and escrow situations, the type of transaction you want experts working on. Someone who understands how all the components...

Sep 29, 2023
Wooden hand holding ice cream stick with word TITLE INSURANCE

When it comes to the intricate world of real estate transactions, one size doesn't fit all. While many title agencies tout their prowess in residential real estate, a distinctive breed of expertise thrives in the commercial sector. At NexGen Title Agency, we're not just another residential agency; we're your strategic partner in the dynamic realm...

Sep 13, 2023
Front View of World Trade Center

Calling all property enthusiasts: today, we’re diving into a topic that’s a game changer in the world of real estate transactions. It may not sound as exciting as scouting out your dream commercial property—but trust us—it should be every property buyer’s top priority.  Commercial title insurance coverage. It’s a term that may go over many...

Aug 22, 2023
Jumping Through the Title Insurance Hoops

If you have worked in real estate long enough, you have stories. Good stories, horror stories and funny stories. As my husband would say, you have "stories about the stories".  With the refi business booming right now, I thought those in the know would appreciate me sharing one of mine. When you work in real...

Apr 29, 2021
Title Search Gone Wrong

My title search came in and there were recent deaths in the chain of title where folks had died without a will (intestate). That meant tracking down heirs. Depending on what year you die, part of the Virginia Code dictates succession. In this case there was a child born of a union, prior to the...

Jul 28, 2020