SEVEN things you need to know before buying land

Before buying land, there are several important factors that you should consider. Here are some key things to keep in mind:

1) Zoning
Check with the local planning department to determine the zoning restrictions and permitted land uses for the property. This information will help you determine if the property is suitable for your intended use.

2) Utilities
Consider the availability and cost of utilities such as water, sewer, electricity, and gas. If the property is not connected to these utilities, you will need to factor in the cost of bringing them to the property.

3) Access
Make sure that the property has legal and physical access, and consider the condition of any existing roads or driveways. Access to the property may affect its value and your ability to use the property as intended.

4) Environmental considerations
Determine if there are any environmental issues or restrictions that may affect the property. For example, wetlands or endangered species may limit the use or development of the property.

5) Easements and other encumbrances
Check for any easements or other encumbrances that may affect the property. These could include rights of way, restrictive covenants, or liens that may limit your use of the property or affect its value.

6) Survey and title
Obtain a survey of the property to ensure that you know the exact boundaries and acreage of the property. Also, obtain a title report to ensure that there are no liens or other claims on the property.

7) Market conditions
Consider the current market conditions for land in the area, including supply and demand, recent sales, and pricing trends. This will help you determine the fair market value of the property and negotiate a fair price.

Buying land can be a complex process, so it's important to work with a knowledgeable real estate agent or attorney who can guide you through the process and help you navigate any potential issues.