Land Purchase Factors
Should you be looking to acquire land, there are many important areas to consider.
Is there a expense of the land? Easily pay $1,000,000 for 10 acres to construct a shopping mall does that cost fit within my budget? Or perhaps $500,000 the most I will pay and get a prosperous project?
Will the location work for the intended use? For instance when someone is attempting to build convenient store is the site in a high traffic area? Or if perhaps someone wants to build expensive homes will be the location suitable for high dollar homes or possibly it too close to commercial uses?
What jurisdiction may be the land located in? The City Limits? Can it be within the Extra Territorial Jurisdiction (ETJ) in the City? Is it within the County? The jurisdiction the rentals are positioned in will dictate which foibles need to be followed. It may be advantageous to be a selected jurisdiction (City A vs City B) instead of another. Could also be federal and state laws that can impact the property at the same time.
In the event the property is in the City, is there a zoning category assigned to the property? The zoning category dictates the land use allowed around the property. If the property doesn't always have zoning or maybe a zoning change is to be requested then that will enhance the time and cost. Something to be aware of is zoning change requests usually are not always approved.
Deed restrictions are private agreements and restrictions specific on the land showcased. These are noted within the deed, and restrict the application of the property for some reason. Deed restrictions can be that come with property be it zoned commercial or residential and are as well as local, state and federal rules. Deed restrictions may be smaller than other governing rules. 
Have utilities been extended towards the site? Utilities include water, wastewater, electricity, propane, telephone, and cable. Water is the central. Water and wastewater are typically the more costly utilities to increase into a property. There are other techniques for getting water service like drilling a nicely and for wastewater constructing a septic system. Nevertheless these solutions also involve ongoing maintenance as well as a limited lifespan.
Is any part of the property in a floodplain? In that case then your build-able or develop-able portion of the property will disappear. Therefore typically will lessen the value of the property.
Which are the topographic conditions in the land? Would it be flat or perhaps there slope to the land? The greater steep the slope the greater it will cost to produce the land due to necessary cutting and filling of the soil. Normally flat land is preferred although a hillside location for your house or office offers a very nice view.
Is there roadway accessibility property? If so can there be an existing driveway and curb decline in place or will this need to be permitted and constructed? How likely one thing a permit can be had as of this location or possibly there already a driveway nearby which might diminish the likelyhood? Will be the roadway in a state of disrepair? If that's the case then do you know the chances how the roadway is going to be repaired and exactly how might this affect my planned use?
An easement can be a right in law to use another's land for any specific purpose. Any kind of easements about the property that might restrict or otherwise unduly affect my capability to help the property? Types of easements include public utility easements which allow utility providers to put in and keep utilities. Easements can be the means of providing use of properties that do not otherwise have roadway frontage.
A lien can be an encumbrance one person's property to get a debt the property owner owes to another person. Before purchasing property you should determine over the Title Search and Commitment process if there is an outstanding lien on the property. It's always best to contain the house owner care for liens prior to the buyer closes for the property since it is easier to leverage a lien released.
Have you been considering a land purchase? What are information about the home? Do you know what to consider, what you should avoid, things to provide you with with all the land split up into it?
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