Don't Get BLINDSIDED : The Cost of Buying Land
Автор: Vigilant Inspection Services
Загружено: 2024-10-15
Просмотров: 962
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6 Steps to Follow When You're Buying Raw Land
In this video, we cover the six essential things you need to know before purchasing raw land. Don’t get caught off guard—follow these steps to protect your investment!
00:00 - Intro
Don't be deceived! Here are six things to consider before buying land, starting with water and electricity.
00:03 - Tip #1: Water and Electricity
How close are utilities? Can a well be drilled? What will it cost to bring utilities to the property?
00:44 - Tip #2: Septic System
You can’t just install a septic tank. A perk test must be conducted to ensure the septic system will work on your property.
01:15 - Tip #3: Zoning
Is the land zoned for residential or commercial use? Make sure to verify zoning restrictions before purchasing.
01:57 - Tip #4: Survey
Have the land surveyed before buying to avoid encroachments or boundary disputes with neighbors.
02:48 - Tip #5: Flood Zone
Check with FEMA to ensure the land is not in a flood zone, and confirm flood insurance is available for any structures you plan to build.
https://msc.fema.gov/portal/search#:~...
03:30 - Tip #6: Back Taxes
Make sure the property doesn’t have any outstanding taxes. Working with a knowledgeable realtor can help you avoid these financial pitfalls.
Bonus Tip:
Don’t skip due diligence when buying raw land. Protect yourself and ensure all legal, financial, and logistical steps are in place before making a purchase.
🏡🔍🛡️
Vigilant Inspection Services
"We don't just inspect, we protect."
Home Inspection
📍Harrison, Arkansas / 📍Branson, Missouri
#VigilantInspectionServices #RawLandBuying #buyland
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