A house is being put up for saleEven if that piece of land looks like it’s been there forever, it doesn’t necessarily mean you can build your property on it. People who are not familiar with the intricacies of real estate run the risk of buying property that appears perfectly located but is difficult to develop. When buying land, there are many pitfalls, so it’s best to know the facts.

Falling in Love Before You Get the Facts

Love at first sight works well with romance but not with buying land. Its proximity to hospitals, schools, and other essential facilities should be reason enough to capture your interest, but not until you talk to a land surveyor from Cato Bolam Consultants and know everything you need to know.

Many pieces of land have considerable problems regarding drainage, high water tables, zoning ordinances and more. Getting facts about the property will determine how to use it well.

Can You Develop It?

Before you sign that contract, you should first know if you will be able to use the land as you envisioned. Laws concerning what can and cannot be built differ enormously from state to state. For example, the area may be approved for a two-bedroom home but not any larger than that. It’s best that you know your homework and if the land suits your needs.

What’s on It?

Just because your land has a stream, creek, a small pond or river doesn’t necessarily mean you have the right to the water resource. You might even be restricted in how you use your lot if there’s water near it, depending on where you live. Know any rights held by a third party regarding natural resources such as water rights and mineral rights.

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Purchasing undeveloped land is a different experience than buying a house and lot. For each, there are special rules to follow. Make sure you have the right information when buying either one.