Buying land can be one of the most challenging parts of creating your dream home. Follow these 3 steps to find the best of the good earth.
Always NegotiateThis may be the hardest part for most potential landowners, says Rudy, and having the right combination of guts and patience is essential. Don’t rush into a decision. ”If you lose the parcel, big deal,” says Rudy. Don’t know where to start with the asking price? Check for a sales history of the area, which you can usually get from a county records office or a local realtor association chapter. Compare the amenities and terrain of recently sold plots to yours for target bid. (Simply put, if a neighboring property with access roads and a water view sold for $100,000, and the land you’re considering has neither, you’re going to want to aim a bit lower.)
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