Why Use A REALTOR
February 13, 2016
Tips For Selling homes
February 16, 2016

Real Estate For Sale

how-to-buy-vacant-land

Land with no permanent structures. Vacant land may be available for development, or it may be set aside by a government or a private owner to remain vacant.
Buying raw (also known as undeveloped) land can be a great investment, or means to build a home or business. There are, however, a number of special considerations and concerns when purchasing raw land that need to be addressed before, during, and after the process of purchasing your property. If you take proper precautions and consult the right lawyers and professionals, you can greatly reduce the risks and increase the rewards of your raw land deal.

Vacant land In valley
Buying raw (also known as undeveloped) land can be a great investment, or means to build a home or business. There are, however, a number of special considerations and concerns when purchasing raw land that need to be addressed before, during, and after the process of purchasing your property. If you take proper precautions and consult the right lawyers and professionals, you can greatly reduce the risks and increase the rewards of your raw land deal.

Determine the reason for buying the land, Come up with a budget, Begin your search for available land, Investigate neighboring properties, Ensure there’s access to sewage and water, Consider roads and topography, be aware of environmental restrictions, Prepare questions for the seller, Make a trip to see the land, talk to real estate attorney, Make an offer, but start low, Consider owner financing, Practice due diligence, Hire a surveyor, Be aware of any existing liens, visit offices of Building and of Planning and Zoning, Go to the county Health Department, Seek out utility companies in the area, Talk to the Department of Environmental Protection.