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Land Purchases & Sales

Updated: Feb 14

I was asked today some good questions about land that I felt deserved an article.

General Concepts:

Risk considerations

Where have land prices gone and where are they headed?

Does Adam help people sell & acquire land? Yes

Area Considerations

Where can I find out more about a land or new construction purchase?

Unique Elements of Land Purchases:

Check the Utilities Available

Check the State, Local, & Zoning Regulations

Check the Association Regulations

Loan Considerations:

Disclosure: #'s & my Business

Land Only vs Construction Loans

Down payment requirements are typically higher

Interest rates are typically higher

Shorter Amortization Timeframes

Less Programs to Reduce Home Costs, but Some Are Still Available

Related for Buyers:

Related for Sellers:

Related for Buyers & Sellers:

Adam's Aerials (for buyers & sellers)

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