Land Buying Tips and Recommendations for a Successful Purchase

When you are in the market to buy some land to build a home upon, in addition to arranging for a professional land survey, there are some tips and details you don't want to forget. Here are some recommendations to help you find and buy your land for an upcoming home build.

Consider a Tear-Down Property

As you are searching for a property of vacant land to purchase, there may be a good selection of plots of land available in your area, especially if you live in a rural area. However, many urban areas do not have a great selection of vacant land or the plots of land are not in an ideal location for your home. To combat this problem, don't forget to look at properties that have an existing home built upon it where the home is older, run-down, or in poor condition.

You may find that there are homes listed for sale that are in heavy need of rehabbing and you could essentially buy the property and tear down the home to build your own to fit the lot. But be sure you calculate the cost of the demolition in your budget. Often, sellers know the home on the property is in bad condition and they will sell it at an attractive price. This provides you an opportunity to build a new home in an existing and mature neighborhood with large mature trees surrounding where you will build your new home.

Look at the Land Layout

When you have found a property of vacant land that you can build upon, you need to consider the layout of the property. Look at the type of vegetation on the property, such as if there are any trees you want to keep in your landscaping. Let your builder know before you begin construction and make sure it is written in the builder's contract and plans.

Evaluate the land's slope and look at any problems the natural land features may cause to your home's construction. If you are building a home into the slope to take advantage of the natural curve, then consider the effects of eventual erosion. Contact a building engineer to make sure there will be no problems with erosion and if it is recommended to install terracing or a retaining wall. And you should also consider if the property is in a natural flood plain, which could put your home at risk of damage if the water level rises in the future.

To learn more, contact companies that have land real estate. 

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