Finding Property for Sale
Get your checklist in hand to help you in your search for property to buy.
Finding property for sale can be tricky business. How do you know if the property is a good buy? Are you sure the land will work for your needs? How is the location? These questions and more may enter your mind as you search for the right property to buy. Take a moment and work out an action plan before starting to hunt for property for sale.
A good first step to finding property for sale is to make a wish list. What constitutes your dream property? Make the list as long as you like. Divide it into two categories: necessities and negotiables. Use this list to help in your search. For example, if you are looking for mountain property for a summer home, a necessity would be a buildable lot but perhaps a stream running through the property would be a negotiable.
How will you use the property?
When searching for property for sale, you must first determine how you'll use it. Maybe you've always had the dream of owning land. It can be a great investment. Or, maybe you're looking for property so you can build your dream home. Your intentions for the property determine what you need to look for in the land you buy.
Finding property for sale
You can search for land by checking Internet sites that list property for sale. But don't forget the tool of yesteryear - the newspaper. It's still useful and you may find land that's listed for sale by owner that's not online. It's also a good idea to get in your car for a drive around the area where you want your property to be. You may stumble across for sale signs. Or, if you see a plot of land that is perfect for you, locate the owners and see if they'd be willing to sell. Don't forget that your search for property doesn't have to be solo -a real estate agent can be a great asset in tracking down the right piece of land for you.
Evaluating the property
Once you find a plot of land that you think you like, the next step is to make sure that it actually works for you. Many people today are purchasing land now for retirement that is decades away. Even if you won't build on the property for several years, plan ahead to be sure it works.
- How is the land permitted to be used?
- Are utilities available?
- Are there any easements on the property?
- Can you add a septic system? An outhouse could lose its charm very quickly!
- Are there any environmental issues? You may love the idea of wetlands being part of the property, but not when you find out that it restricts what you are allowed to do with your own land.
- Has your builder previewed the property to see if the house you want can be built there?
Take your time and don't rush any decisions when finding property for sale. When you find that perfect plot of land, it will be worth the hard work and wait.
