Do You Have a Relocation Plan?

From my experience with church communities since 1986, I recognize the efforts of churches to relocate is as strong as any time in the last 20 years.

Inquiries by churches hoping to relocate pivot around their desires which often far exceed a churches financial capabilities.

Our job is to consult and define for a church what they face financially. Selling a church is not feasible if the seller cannot replace their facility. In 95% of church property transactions, no sale ever occurs if the selling church did not secure new property.

Understanding the financial requirements to buy land and build or purchase an existing facility requires an educated seller or buyer.

Telling a church board that their relocation plan is not possible can be quite devastating for a church with a vision and aggressive mission. Our hope is to get to churches early enough in their investigation to formulate a workable plan that can be accomplished.

On a regular basis, we interact with large churches who must investigate their financial capabilities to formulate a work relocation plan. No building sale occurs without having a workable relocation plan. It makes the representatives keenly aware that before a real estate transaction occurs tremendous background work must occur.

As always, we recommend to work through the financial evaluation found under Action Tools on the Services page http://www.servicerealty.com/services/financial.htm. It will give you a good estimate as to how much you could potentially borrow.

Give us a call if we can be of service to you.