How to buy land for new home
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Article by: Ajay Pats You've found the perfect house, , Hand-Painted Furniture: The Must-have Home Furnishings of th but the land it sits on isn't quite what you have in mind. Or maybe you've seen a great piece of land, but the house , Blue Spruce Trees - Not a Good Choice in Horsham, PA doesn't fit your needs. If nothing really says home , The Ivy League to you, it might be time to consider building. , vegetable gardening Buying land may seem intimidating at first, but it really isn't difficult at all if you plan , Part III: Different Types of Home Foundations and When to U a course of action and stick to it. Know Your Budget Talk with a loan officer to find out how much you can afford. Both down payments and interest rates can be higher for land than for homes, , Beware The Dog Days Of Summer! so it's important to get the facts before you go shopping. If you plan , A Guide to Antique Sewing Machines to build soon, the loan officer should explain construction loans, including the closing procedures you'll encounter while the house , The American Cranberry Bush is being built. Building Costs Talk with area contractors , Florida Isn't Just For Tourists to determine the average price you can expect to pay per square foot for the type of home , Tips on Making Beautiful Floral Arrangements you wish to build. Include estimates for building , The Ivy League a driveway or road to the homesite. Don't forget estimates for well digging and septic installation if your home , Tips on Making Beautiful Floral Arrangements will not be connected to community water , The importance of proper soil chemistry to a healthy garden and sewer. How will it take to construct the home? To find the maximum amount you can spend for land, deduct building , New Style Waterbeds Help You To Sleep Better costs from your total budget, then deduct a bit more for unexpected expenses. Target A Location If you've already looked at homes , The Ivy League in the area, you may know where you want to build. List locations , Everybody Is Fixing His or Her House or Apartment Up These D by order of preference. If you're undecided, become more familiar with the area by driving around, reading newspapers, and talking to locals. , Blue Spruce Trees - Not a Good Choice in Horsham, PA Your Wants and Needs Make a list of all features , Healthy hands are the Gardener's Best Tools that would exist on the ideal piece of land. Review the list, highlighting your must-haves, such as a great view, privacy, or a waterfront building , Planting Blue Flowers In Your Garden site. How Much Land Do You Need? What's the minimum size lot or tract of land you are willing to consider? Keep in mind that a heavily wooded, 1-acre lot may be more private than a 3-acre lot that's all lawn. , The White Pine Tree Of Pa. Tour a variety of neighborhoods and pay attention to the settings. Land Use Considerations How will you use the land? If you plan , Organic Gardening Is Cool to build a duplex, you must choose a site where zoning or other restrictions allow multifamily dwellings. If you know you want a manufactured, consider only tracts of land where those structures are allowed. Consider Restrictive Covenants Developments are governed by guidelines called Restrictive Covenants. I know of one development where cats are not allowed, even if they are indoor , Milling four square lumber pets. Some prohibit metal roofs, , The importance of proper soil chemistry to a healthy garden which are very popular on log homes. , Tips For Building A Song Bird Bird House Some dictate paint , How to shop online for Fireplaces, Stoves & Accessories colors or have an architectural review committee that must approve your home , Limited Space Gardens are Fun plans. Study covenants carefully to determine if you can live with them. Start Your Search Look for 'For Sale' signs as you browse the area. Search for properties , vegetable gardening on the Internet. , Everybody Is Fixing His or Her House or Apartment Up These D If you see interesting tracts of land, note their exact location. , Hand-Painted Furniture: The Must-have Home Furnishings of th A visit to the county tax office is usually all it takes to find the owner. Find a real estate agent who likes to work land sales. Talk with the agent about all of the categories above, and any others that might help her locate the perfect tract. Does the Land Suit Your Home , Beware The Dog Days Of Summer! Plans? Ask a builder to accompany you to your top choices, to offer advice , The White Pine Tree Of Pa. about the best building , Filmmaker Visits Classroom sites, and to suggest home , Get Off The Grass - Groundcovers For Problem Places plans that will work with the topography. Utilities Be sure to consider well and septic installation expenses for land without community water , Choosing The Right Flowers For Mom and sewer hookups. Check availability of electric, , Tips For Building A Song Bird Bird House gas, , Purple Martin Houses - More Than A Desirable Residence and telephone services. Easements An easement is the right to use another person's land for a stated purpose. Does someone else have the right to use the property , Limited Space Gardens are Fun you want to buy? Find out before you make an offer, or add a contingency to the offer that you must approve of existing easements or the offer is void. One way to find easements is to take a look at past deeds for the property , The importance of proper soil chemistry to a healthy garden you are considering and for surrounding parcels, but a real estate attorney or other title researcher can give a more accurate opinion. Surveys Does the bank require a survey? Updates to existing surveys can often be used, and are less expensive than a new survey. In our area, surveys are most important for tracts of land that are not part of a development, since plats for developed lots are typically on file at the courthouse. If there's a question about the number of acres in the tract, your offer can be stated as "X dollars per acre as determined by a new Now, you'll need to word it a bit better, and state who will pay for that survey. This method can work to either the buyer or seller's advantage, depending on how the acreage count turns out. Locating the Boundaries Look for iron pins at the corners of property, , Hand-Painted Furniture: The Must-have Home Furnishings of th or at any point where the property , vegetable gardening line makes a turn. You might find iron pins flush with the center of the road, too. In wooded areas, watch for cut-throughs, pathways cut by surveyors when they marked a property , Part III: Different Types of Home Foundations and When to U line. Cut-throughs that go through wooded areas are often visible for many years. Sometimes trees , Gardening - 10 Most Hated Weeds or bushes that border property , The importance of proper soil chemistry to a healthy garden lines are marked with brightly colored paint , Benefits of Various Duvet Cover Materials or plastic , Benefits of Various Duvet Cover Materials wrappers. Road Maintenance If the property , Lawn Disease and Solutions is accessed from a private road, there should be a formal Road Maintenance Agreement. Some banks will not lend without a recorded agreement that shows all owners have promised to help with road upkeep Restrictive Covenants normally cover road maintenance issues. Environmental Liabilities If homes , Lawn Disease and Solutions or other structures were on the land in the past, ask for a signed statement that discloses facts about buried items, such as oil or gas , Garage Doors storage tanks. Their removal and cleanup can be expensive. Contingencies Before you make an offer, think about the what ifs--things that would make the property , Clay Soils Planting Tips unusable for your purposes. Add these to the offer as contingencies, which means if they do not happen, the offer or contract is void. All offers for land without sewer hookups should be contingent on your ability to obtain permits for a septic system. If an architectural review committee must approve your home , Rock Gardens ... A Different Kind of Garden design, the offer should be contingent on obtaining that approval. The offer should be contingent on obtaining the type of financing you desire. There must be a deeded right-of-way to the property. , Rock Gardens ... A Different Kind of Garden You get the idea. Your buyer's agent, contractor, , Preventing disease in your garden or real estate attorney can help you determine if other contingencies should be added. Searching for land can be a fun adventure. If you look hard enough, you may find a perfect building , Filmmaker Visits Classroom site just waiting to be cleared from an overgrown jungle of brambles and weeds. , Garage Doors About the Author Ajay Pats is a professional manager.He manages real estate site "Real estate broker"(http://realestatebroker.nexuswebs.net/realestatebroker/index.html ),a community for home , Preventing disease in your garden based business entrepreneurs "Venturecon/Home business opportunities"(http://groups.msn.com/venturecon) and inspirational ezine "Discover secrets of happy and prosperous life"(http://www.topica.com/lists/venturemall). |
  
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