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PraiseBuildings Articles

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A library of useful articles on every topic impacting your PraiseBuilding.


CHECKLIST: Choosing the Right Property Location

Staff Writer, ChurchConstruction.com When you select a building site, consider some of the following items. Then use the checklist provided to evaluate the feasibility of each option you uncover. 1. Accessibility of Site - If access roads and utilities are not already available to the site, the church will be responsible for paying for and providing roads and facilities. This can be costly. So if possible, choose a site with existing utilities and other services. Nevertheless, if you can not find a site with existing utilities, find an area in the community under the process of being developed. Sometimes the local utilities will share the costs of putting in the lines and pipes since you are helping the advancement of community development. Check this option out as one possible solution. 2. Traffic Flow - You will need to consider whether or not the site provides easy access for the workers and equipment during construction; and easy access after construction for the church members and visitors. If you are planning a renovation or the construction of new buildings on the same site, you ...

Building Committee Checklist

__ What is the structural condition of the building? __ What is the condition of the roof, windows, doors and walls? __ What is the condition of the major systems of the structure? __ Are HVAC, electrical, sprinkler, alarm and plumbing systems in good working order? __ What repairs need to be made to each of these? __ How many people will the building be able to hold according to fire code? __ How many people will the sanctuary hold? __ What will it cost to renovate the building? __ Can the building be designed to contain the various classrooms, offices, worship spaces and meeting spaces included on the building committee's wish list? __ Will the PraiseBuilding complex be able to park all the members' cars on site? Stephen Ferrandi is the Director of KLNB Religious Properties, a real estate firm serving religioius clients in Maryland, D.C., Pennsylvania, and Virginia. He is one of the top experts in land development in the region. Mr. Ferrandi frequently contributes real estate related articles to both print and online publications.

FINANCE COMMITTEE CHECKLIST

__How much needs to be raised to purchase/renovate the building?  __How much needs to be raised on a weekly basis to cover the mortgage payment?  __How much needs to be raised on a weekly basis to cover other expenses-insurance, utilities, maintenance, etc . __How much needs to be raised to cover normal church expenses, salaries, administrative expenses, and normal purchases?  __How much more can be raised to cover the renovation costs?  __How long will it take to raise the budgeted renovation costs?  __How much can be borrowed?  __Can we get a bank commitment?  __What will the bank fees, interests, rates and terms be?  __Does the bank require any of the members to personally guarantee the loan?  By Stephen Ferrandi, Director, KLNB Regious Properties Stephen Ferrandi is the Director of KLNB Religious Properties, a real estate firm serving religioius clients in Maryland, D.C., Pennsylvania, and Virginia. He is one of the top experts in land development in the region. Mr. Ferrandi frequently contributes real estate related articles to both print and online publications.

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