13 Questions to Ask When Buying Land

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2020-03-28に共有

Buying land and want to know what questions to ask? Then this video is for you!

In this video, I highlight and review 13 very important questions everyone should ask when buying land anywhere in the U.S.
No matter if you're buying land in California, buying land in Colorado, buying land in Texas, buying land in Florida, or any other state.

Buying land is nothing like buying a house and you'll need to understand the important differences between the two or you'll end up making a huge financial mistake.

Helpful Resources:
Environmental hazards search: enviro.epa.gov/ - also check your state’s environmental website.
Easement search: check your local assessor’s office website to start
Google earth or google maps: use this to get a wide overhead view of the land you’re considering to buy to spot features, characteristics, or issues faster than on foot.
Realtors: Find a local realtor that focuses on buying and selling land. A realtor who mainly focuses on buying and selling houses will likely not be very helpful.

Shameless Plug:
If you're thinking about starting a business, I run a software company called Projection Genie that helps aspiring entrepreneurs simulate and predict the financial success of new business ideas before launching them. Check it out here:
www.projectiongenie.com/

Attribution:
Easement Photo: Pagelast76 / CC BY-SA (creativecommons.org/licenses/by-sa/4.0)

コメント (21)

@HuntShowdownWL 2年前

1. What do you want to use land for? 2. How is it zoned? 3. Are there any easements on the property? 4. How is access to the property achieved? 5. Has the land been professionally surveyed? 6. Will all the rights and interests convey with the sale of the property? 7. Are there any water features on the land? 8. Are there any known environmental defects or issues with the property? 9. Are there any public utilities around? 10. What is the current owner using the land for? 11. What are neighbors using the property for? 12. Are there any trails or roads on the property? 13. Are there any potential government actions against the property?
@wayneparker9331 3年前

As a long-time practicing attorney who has had to deal with real property issues, I found your video to be a great starting point for the non-lawyers out there contemplating any real property purchase. It's the exact same advice that I would give as an initial matter.
@yotube123454321 2年前

All info. No fluff. This is exactly how these kinds of videos should be edited. Thanks so much!
@cipher2 3年前

thank you for cutting the bs and just dropping the knowledge, much love!
@patrickgrengs7594 2年前

Thanks for producing this video. These are certainly good questions. As an individual that has researched and purchased land over the last 15 years, I offer a few more questions: 1. Is there a POA (Property Owners Association) related to the land? Much like a HOA (Home Owners Association), the POA will likely have annual dues and restrictions placed on the subject parcels. 2. Are there water rights attached to the land AND / OR can you purchase and append water rights to the land? In Eastern Washington, we have a desert-like climate. Growers require irrigation, either from canals or wells. In the case of canals, the land owner needs to have water rights (measured in acres) in terms of the quantity of water that can be lifted from a canal for irrigation purposes. 3. Has any easement on the land been improved by a neighbor with the intention of claiming Adverse Possession? I emerged from a legal battle with a neighbor that had built into an easement that was beneficial to me and a burden to him. 4. Does the land have geographic features that will be a challenge? Example: low areas may experience seasonal water flow. This could result in the necessity for bridges, culverts and / or a high-clearance vehicle. 5. What are the anticipated future property taxes? Although the taxes may be low now, if there are plans to increase the size of local government (thinking of government schools), the property taxes may rise astronomically. Case in point -- one of my parcels experienced a 40% tax increase in a single year as a means to pay for one additional line item related to government schools.
@bennym1956 1年前

my #1 is it completely UNRESTRICTED !!! Short and sweet answer to alot of areas ! POA (Property Owners Association) related to the land? Much like a HOA (Home Owners Association) - NO to BOTH !!
@luckylefthands 9ヶ月前

This might be one of the best videos on YOUTUBE...Danny you were straight to the point and you gave great explanations and examples that were easy to understand.
@garlandheadley 2年前

SUPER USEFUL! Thank you!
@funkyfreshleo 2年前

Thank you for the information Danny! Glad I found your content :)
@sundaytaybron1213 1年前

Thank you so much for your knowledge!
@itsajaysharma 3年前

Super helpful tips! Thank you so much!
@mrgonzalez947 6ヶ月前

Great video thank you!
@The_TMAX 4ヶ月前

Great overview! Thanks!
@Michael-ju9mm 1年前

Thanks for the great info!
@Ta-niche-a 3ヶ月前

This was great information. Thank you
@JuanaHernandez-nz3tp 1年前

Thank you, great information.
@randomsh-t917 3年前

Great tips. Thanks for making this video
@youeyeball 2年前

Cool, thank you for the sage advice. Thoroughly informative, and gets me thinking of ALL possible questions that might arise. Thanks again🙏.
@armat85 1年前

To the point, very useful. Thanks a lot!
@alexbenavides9842 3年前

Thanks for the information very helpful.