Like Tree0Likes

OT: Land Purchase what do I need to know

Reply
Old 12-24-2002, 04:48 PM
  #21
Registered
Trade Score: (2)
 
DONZI's Avatar
 
Join Date: May 2002
Location: BRIDGEWATER MA.
My Boats: DONZI 22 CLASSIC LIMITED
Posts: 672
Default

Some thing"s come to mind. Having the purchase/sale agreement reviewed by a real estate lawyer before signed. Total cost of developing this lot,utilities etc. Well water quality.Tax rate on water front property.Deed restrictions?
DONZI is offline  
Reply With Quote
Old 12-24-2002, 06:42 PM
  #22
Charter Member #9/ Moderator
Charter Member
 
LakeRacer's Avatar
 
Join Date: Oct 2000
Location: Phoenix, AZ, USA
My Boats: 99 Advantage 34 Offshore
Posts: 536
Default

Quote:
Originally posted by Audiofn
When I talked to him he has not even really laid out the property lines yet. He said that this price gets you this much land you figure out how you want it positioned (within reason). He does not want me to buy a "spagetti" lot as the town will not allow it and he does not want that. He is sending me paperwork with the lots laid out as he thinks they should be and I hope to have it before I go up there on the 31'st to look around.

Jon
Now you will need a really good surveyor to prepare the proposed property lines and write the legal descriptions and properly place your property corners on/in the ground. You might want to consider having the surveyor lay it out with wooden stakes sticking out of the ground first for you to review and make sure it is what you want. Seeing it on paper and then on the ground are two different things. Then you can finalize the deal.

Does your proposed property have ingress/egress? If not, you will need to get an easement for some kind of access to the property. Don't settle for anything less

Your best bet is to have the title company order a minimum standards ALTA survey. And then review the Table A for any additional items you want covered. It will cost you a little more but give you peace of mind in the future.

Call me if you need any questions answered.
__________________
Art
LakeRacer is offline  
Reply With Quote
Old 12-24-2002, 06:54 PM
  #23
My EX got the Sleekcraft
Platinum Member
 
gdfatha's Avatar
 
Join Date: Apr 2002
Location: Apopka, Florida
My Boats: Sadly, no longer have: Sleekcraft 24'
Posts: 3,016
Default

Don't forget to get estimated time period for them to pave the road and install the street lights, as well as check if there is mail and trash pick up...
gdfatha is offline  
Reply With Quote
Reply

Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
airshares
Donzi
0
09-30-2008 12:43 AM
Mackattack
Trucks, Trailers and Transportation
0
03-12-2008 10:35 PM
hugetime1
General Boating Discussion
8
02-09-2005 05:07 PM
Back4More
General Boating Discussion
36
10-14-2003 10:41 PM



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 04:17 AM.


Copyright 2011 OffShoreOnly. All rights reserved.