Buying land

jaymz · 03-13-2010, 04:50 PM

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

03-13-2010, 04:50 PM	#11
jaymz God of Preservation Join Date: Oct 2008 Location: North of Miami Posts: 253 Trading: (17)	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 __________________ A soft answer turneth away wrath. Once wrath is looking the other way, shoot it in the head.