If you have recently decided to purchase land to build on, whether it be for a home or a business, you will find there is a lot to think about. Every piece of land you look at may not be suitable for your needs. Buying a piece of land without doing the proper research is risky. You could end up with a piece of land that you can not build on and one that you have a difficult time selling. Slot Game Online.
The following are the first five items you should check into before you consider the purchase of land: Overall Appeal When you are looking a piece of land, the first thing you should do is step out of your vehicle and take a deep breath. While doing this, close your eyes and listen to your surroundings. Are there any particular odors that may be offensive? Are there any sounds that could become annoying to you? The last thing you will want to do is to purchase land near a factory or something else that has foul odors or loud sounds coming from it. Slot Game Online. Setback Every city and town has set a standard for building on land. The setback is actually the distance between the property line and the building to be constructed. If the setback for the town you are in is 25 feet, this means that nothing can be built within 25 feet of the property line. This should always play a factor in your decision. For example, if you have a piece of property that gives you limited views of the water and the views you could get are located within that 25 foot distance, you will not be able to build a home and get the view you want from your living room or any other room in the house. While you can go in front of the town and apply for a variance, this can be time consuming. Slot Game Online. Deed Restrictions Whenever you are looking at a piece of land, you should always have a copy of the deed. Deed restrictions can be placed on the land by former owners of the property or, in certain cases, the town itself. Some common examples of deed restrictions include limitations on the structure that can be built, such as what types of materials can be used, and limitations on the size of the home. It may even state that you are not allowed to have a business on the land or livestock. You will always want to review these restrictions before purchasing. Slot Game Online. Right of Ways or Easements If there are any rights of way or easements on the property, you will also find these on the deed. Basically, a right of way or easement, allows others legal passage across the land. For example, if there is a right of way for the power company, they could have access to this area of your land and may even have the right to construct a building or install power lines on it. Private parties who have a right of way may need it to gain access to their own property. Regardless, if you value your privacy, purchasing a lot with easements may not be your best option. Slot Game Online. Minimum Acreage Standards Many towns have minimum acreage standards put in place to prevent overcrowding. In other words, if the minimum acreage required is 2 acres and the lot you are looking at is only 1.30 acres, you will not be able to build without a variance. Not only that, if you are buying a large lot and wish to break it up into several lots to sell in the future, the particular piece of land may have already been divided and has reached the subdivision limits. Always verify that you can do what you want with the land before you purchase. Slot Game Online. After you have stood on the property, determined that you liked its overall appeal, and have carefully looked at the town requirements and deed, you will be able to better determine whether the property is a potential candidate for purchase. Other things you should take into consideration include the elevation of the property, utilities, and its overall location in relevance to natural hazards. Slot Game Online. By carefully considering all aspects of the property, you will be able to better determine whether it is the right piece of land for you. Should you decide to purchase the land, you can then meet with a Title Attorney, who will conduct a title search on the property, to verify that no one else can lay claim to it. Within a short time, you can be the owner of your own piece of land. Property News.
0 Comments
Leave a Reply. |