09/02/2026
Buying a commercial building, a shop, or a piece of ground here in the valley? The closing date is not the date that decides the deal.
Here in Oregon the title and escrow company runs the closing, and they do that part well. What they do not do is represent you or negotiate your agreement. That is a different job.
The two parts that decide how a commercial purchase turns out both happen early. The Purchase and Sale Agreement gets signed well before closing, and it sets what you can still walk away from. Then comes the due diligence period, which is the stretch where you read the title report and its exceptions, check the survey and the boundaries, confirm the zoning allows what you intend to do, look at legal access and recorded easements, and read the leases of any tenants who come with the property. Once that window closes and the earnest money is no longer refundable, whatever you find next is yours.
Michael Paluska has worked on commercial property transactions in Salem, Keizer, and around the Willamette Valley for more than thirty years, and he is also an Oregon Principal Real Estate Broker. Here is a plain English overview of what that work involves.
https://paluskalaw.com/commercial-real-estate/