Thread: Buying land
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Old 03-13-2010, 02:01 PM   #10
jmsremax
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Default Re: Buying land

Quote:
Originally Posted by mosesbotbol View Post
If you have to pay a comission to a buyer's agent is not worth it. What is worth it is a RE attorney to make sure you will be able to develop the property to your intention.

Zoning and by-laws can make or break a deal. Also, do your research to decide an offer price. Buy title insurance for the closing to CYA down the road.



Being a real estate agent and investor (having owned land myself) I would not use an agent unless the land is part of a development where homes are already being built. Use a real estate lawyer and look at the property lines, the zoning laws of property, etc to make sure if you decide to build on this there aren't any restrictions. Also, make sure the sewers and water lines are already tied into the property. Good luck with the purchase.
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