Questions To Ask Agent Regarding Plot of Land

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I've got my eye on a plot of land and I decided to reach out and request more information. The selling agent wants to jump on a call tomorrow and I want to make sure I ask all of the right questions. This would be my first time buying land and although I've done a lot of research on what sort of due diligence is necessary before buying the land, I am wondering what bits of information I should ask the agent the first time I talk to them. Does anyone have any tips or things I need to make sure I find out right away, and what I should or should not mention to them during our first call? Maybe things that are appropriate to ask them and what will also help me determine if it is even worth moving forward with. Any advice/suggestions are greatly appreciated!!

[Karl B.]

Hello. I recommend you check out this article as it answers your question very well:

http://buildingadvisor.com/buying-land/questions-t...

Here is a portion of the article with useful questions for you to ask the selling agent:

QUESTIONS FOR THE SELLER OR SELLER’S AGENT

While you cannot absolutely rely on the seller or their agent for this information, it’s a good place to start and, in most cases, you will get accurate information TO THE BEST OF THEIR KNOWLEDGE. Most of these questions appear in other sections as well, where you can get a more authoritative answer.

• Is the lot buildable?
• Are there any liens, rights-of-way, easements, covenants, or other deed restrictions or encroachments on the property?
• What other construction is planned or possible on the surrounding land?
• Are there any protective covenants?
• Are there any common facilities (water, septic, road, etc.), or common property that the homeowners or developer will need to manage. How will this be handled?’
• Will there be a homeowners association and fees?
• Are any portions of the parcel designated as wetlands or floodplain?
• Does the site have access to electrical power, natural gas, town water or sewer?
• Is there potable water on the site? What flow rate and water quality?
• Has as a perc test been completed? A septic design designed? Conventional or
• Are the boundaries clearly and accurately marked?