Before buying land, or any real estate, always be sure to take these steps (in that order):
- Walk the land / property.
- Get the property Appraised.
- Get a Survey on the property, or use the most recent Survey if there is one
- Check for Wetland.
- Check to make sure the property is not in a Flood Zone.
- Check to make sure there are no Deed Restrictions that will prevent you legally from doing X on your property.
- Soil - Do a perc test on the soil to measures soil’s moisture absorption rate. Is it on city sewer, or will you have to put in a septic system? Do you have to put a treatment plant, or can you put in a traditional septic system?
- Water - Will you get City Water or do you need a well?
- Always try to talk to the neighbors.
- Get a Title Policy to insure your Title from any potential future problems.