You might be a city person who wants to just run away to the rural areas to build your dream house away from the urban drones. You might be a young couple desiring to build your ideal love nest away from the rest of the world. Either way, when you are planning to buy a parcel of your own, there are several elements you will need to consider.
Seeing the promise of picturesque acreage in a brochure with lush headlines is simply not enough. If you have seen a Colorado vacant land for sale that describes the very thing you desire, gather information first and make sure you get all the conditions right. Shopping for parcels is never impulse buying.
Check for the zone requirements. This entails that you are aware of you can or cannot build on your lot. This also includes how much of the lot you can use for construction. Ask local authorities for future zoning, so you can picture out what will the surrounding area of that lot look like in a few years. They might be building a new resort, an amusement park, a shopping mall or an office building near your lot.
Test the atmosphere of the place. Because you will be making this your home, you would want to be comfortable with the overall feel of the area. Elements such as sounds and smells should make you feel at home, not on the verge of going nuts.
Another criterion is the occurrence of natural hazards. Get a natural hazard disclosure to be informed ahead of time. If the area is known as a fire hazard, research on the available support systems in case of emergency. Survey the area for geographical features that can serve as protection during storms and such.
Examine available utilities. Potable water must be the first concern, as well as power supply. Check what kind of facilities they have for sustaining power, such as windmills or plants, and if you will need generators or solar panels to keep the electricity running. Do not forget to inquire about drainage and water supply. Mundane stuff such as cable, internet, and telephone services should also be checked.
Road access is also a crucial factor, because as a property owner, no one should prevent you from returning to your home. But there are cases of people who have been tragically blocked from their own homes just because they have forgotten to check if there is permanent road access written in their deed before they bought the property. Get a recorded easement and a title insurance that will tell you restrictive conditions.
Examine the elevation of the land. Determine if it is reclaimed, prone to landslides, and such. Find out how likely is the land to move especially when it is near mountains and hills, and how stable the foundations are. You may also want to purchase flood insurance, most especially if it is near a body of water.
Finally, find out about the appraisal. Cash is commonly used as payment, but if you are buying through a lending company, acquire a lender appraisal. Find out the appropriate price before you make your final offer.
Seeing the promise of picturesque acreage in a brochure with lush headlines is simply not enough. If you have seen a Colorado vacant land for sale that describes the very thing you desire, gather information first and make sure you get all the conditions right. Shopping for parcels is never impulse buying.
Check for the zone requirements. This entails that you are aware of you can or cannot build on your lot. This also includes how much of the lot you can use for construction. Ask local authorities for future zoning, so you can picture out what will the surrounding area of that lot look like in a few years. They might be building a new resort, an amusement park, a shopping mall or an office building near your lot.
Test the atmosphere of the place. Because you will be making this your home, you would want to be comfortable with the overall feel of the area. Elements such as sounds and smells should make you feel at home, not on the verge of going nuts.
Another criterion is the occurrence of natural hazards. Get a natural hazard disclosure to be informed ahead of time. If the area is known as a fire hazard, research on the available support systems in case of emergency. Survey the area for geographical features that can serve as protection during storms and such.
Examine available utilities. Potable water must be the first concern, as well as power supply. Check what kind of facilities they have for sustaining power, such as windmills or plants, and if you will need generators or solar panels to keep the electricity running. Do not forget to inquire about drainage and water supply. Mundane stuff such as cable, internet, and telephone services should also be checked.
Road access is also a crucial factor, because as a property owner, no one should prevent you from returning to your home. But there are cases of people who have been tragically blocked from their own homes just because they have forgotten to check if there is permanent road access written in their deed before they bought the property. Get a recorded easement and a title insurance that will tell you restrictive conditions.
Examine the elevation of the land. Determine if it is reclaimed, prone to landslides, and such. Find out how likely is the land to move especially when it is near mountains and hills, and how stable the foundations are. You may also want to purchase flood insurance, most especially if it is near a body of water.
Finally, find out about the appraisal. Cash is commonly used as payment, but if you are buying through a lending company, acquire a lender appraisal. Find out the appropriate price before you make your final offer.
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