Land of Opportunity: What You Need to Know Before You Buy ??

Thinking about buying land? ??? Whether you're dreaming of a custom home or investing in a piece of the earth, there's more to consider than meets the eye. ??

Here are some key things to keep in mind:

• Long-Term Vision: Land isn't a quick flip. ? Plan to hold onto it for at least a decade. It's a solid, inflation-fighting investment, but don't expect overnight riches. ??
• Cash is King: Paying cash is ideal, especially for raw land. ?? Lenders may be hesitant to finance land without immediate development plans, and even construction loans can be tricky. ??
• Perk Up: If you're planning to build, consider the land's suitability for a septic system. A perc test can determine if your soil is up to the task. ??
• Deed Restrictions: Before you fall in love, check the deed restrictions. ?? These can limit everything from building size to architectural style. ??
• Zoning Zone: Make sure the land is zoned for your intended use. ?? Whether it's residential, commercial, or a mix, zoning laws can impact your plans.
• Easement Ease: Be aware of any easements on the property. ??? These can affect your property rights and usage.
• Water Wisdom: If you're not connected to a municipal water supply, you'll need to drill a well. ?? This can be a significant expense.

Remember, buying land is a complex process. ?? Do your homework, consult with experts, and work with a knowledgeable real estate agent to ensure a smooth transaction. ??

#RealEstate #LandForSale #HomeBuying #HomeSelling #InvestmentProperty #LandInvestment #RealEstateTips

Let's connect! ?? If you're ready to explore land opportunities, feel free to reach out.

Julianne Clark / Charter One Realty

www.julianneclark.realtor