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Updated almost 8 years ago,
Vacant Land puchase, need advice
I found a wholesale deal for a ~11 acre vacant track. It is on the edge of an expanding small town. The tax value is 100K, and the asking price is $20K. Seems like a good deal, but I know nothing about purchasing land. What are the potenial hazards here? I look forward to your input
- Aerials from 1970's to present show the land has been vacant/wooded
- Zoning is Residential
-There are high tension wires running through property