Published at Tuesday, May 15th, 2018 - 16:26:56 PM. Home Plan. By Susanne Meier.
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Location as the real estate agents say "location, location, location". Whenever you are dealing with Real Estate, the location is a very important factor in deciding for or against a particular lot. You will of course want a lot that is within a reasonable distance from your place of business. If you have children or plan to, you will want to research the schools as well. Also, you will want to make sure that the land that you are investing in is going to rise in value. Investing in land in an area with upward growth potential is a great way to insure the value of your property will rise.
Budget, your lot must fit within the budget you have set for yourself. You must also take into consideration whether you are purchasing "raw land" or whether the lot has already been prepped for building. A piece of property can initially seem like a bargain until you later find out that allot needs to be done before you an get a permit to build.
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