Thread: Buying land
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Old 03-13-2010, 04:50 PM   #11
jaymz
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Default Re: Buying land

In case anyone is interested, this is the list of notes I've collected so far:


* Get a Lawyer earlier than later

* Talk to the county/city zoning people. confirm there is no building restrictions that restrict what you want to do

* Confirm that a perk test has been done. Someone also suggested getting "Raw Land Evaluation" done, as that was "better". I have not figured out what was meant by that exactly.

* Have the DNR come out and do a Wetland Determination to confirm possible building locations

* Confirm and review land survey

* Definitely purchase Title insurance

* figure out a realistic Tax estimate

* Easement and common property maintenance agreement

* Research Other raw land purchase prices in the area recently.

* Determine mineral rights status

* Determine water status for wells
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