Sunday, October 6, 2013

How To Do A Land Deal‏

http://youtu.be/902KWPDAo0g


Three ways to land the best deal for the land you want to buy

1. Review the property
 In reviewing the property, look at the deed at the county clerk's office and the appraisal.  Real estate  Check the deed to see if there are any easements or rights that have been granted for use of the property without having to own the property.

2. Obtain a copy of covenants and restrictions

Zoning ordinances and regulations are laws that define how you can use the property. If the property is zoned for an industrial warehouse or office building and you want to build a retail outlet.   Depending on your needs, will might have to change the zoning?


 3. Do a cost analysis.
 How much will it to cost you to build out the property? This includes cost of acquiring the land, the entitlement, the cost of construction of the land, the cost of marketing to people to build it up if it is a retail space, plus the cost it takes to borrrow any money such as a loan.

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