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Factors To Consider When Buying A Piece Of Land In The Wilderness
Buying land in wilderness is a great investment option, however you need to take into account certain essential factors before arriving at any final decision. From the availability of basic utilities, closeness to the cities to its location, all such factors should be considered while purchasing a piece of land in wilderness.
Land is one kind of asset that every person has always dream of owning in life. This is due to the fact that a part from being an important factor of production, land is equally used to build real estates for renting, if not just building a home among other uses. Thus,when someone hears that there is a wilderness land for sale, it is advisable that he/she considers some factors before resolving to buy such apiece of land. Either way,in a situation where one finds self not that familiar or conversant with such an area, it is always vital that he considers renting or leasing such a plot for sometime before buying it. Thus, consider the following factors:
First and foremost, before rushing to purchase any wilderness land for sale, it is imperative that one puts utilities as the first consideration. ...
... For instance, water is a very important requirement in the welfare of the people and this cannot be found everywhere it is required. Besides this,there are regulatory bodies that normally govern the water usage, thus they do not always allow people to dig wells without their permission. Also, in establishing the water source, one should ask whether the ground is rocky or not. What about infrastructure like telephone,electricity and even cable services, can they be very costly for one to establish them in the property, in case they were not established before.
Alongside the above fact, easements is also a factor that should be considered. For instance,a client intending to buy the land parcel should ensure that there is a legally recorded access road to his or her property. Nevertheless, it is equally pertinent to know the exact body charged with the responsibility of maintaining the roads. Also to look at when considering the easements is the rights immediate neighbors could be having to cross someone's piece of land, what about the boundaries,are they clearly marked? This should be without forgetting the title insurance disclosing easements as well as restrictive agreements.
The position of the land is another important factor that should not go unmentioned. For example,the land parcel could be located in a hilly place,and its possibility of moving could just be lying on the balance. Other than this,the land could also be situated in a well known landslide area and this must be confirmed before rushing to buy a piece of land in the wilderness. Where need be,it is still recommended that a buyers asks the locally available people about the nature of such a land.
Who owns the piece of land? Finally, the valid owner of such a piece of land should be known. Today, the issue of land is very complexed, and it is for this reason that many fraudsters pose as agents, then sell wrong parcel of land to unsuspecting buyers without their knowledge, and later disappear. For this reason,one should ask for a very clean deed indicating the seller as a bona fide owner of the land. Other factors include sounds and smells, natural hazards, just to mention, but a few.
The author of this article is associated with Classic Country Land, LLC, a reputed real estate company in the US. For more details, visit classiccountryland.com.
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