Newbie: Learn Land purchase process

[Anurag D.]

Hello,

I have moderate experience in investment residential rental properties process, and wish to learn more about LAND PURCHASE PROCESS - completely new area to me.

Please assist if there is any reference, book, training etc.. that could help attain insight based on current laws.

It is not known to me:

a. If concept of Buyer and Seller agent exist for Land-purchase.

- Would land Buyer agent be as transparent as Home Buyer agent. - as land details could be more hazy, as compared to already built house..with inspection performed by authorities.

- Pictures may be ‘inaccurate’. There might be good pictures, but land may be in extreme slope / inaccessible mountain or in desert in middle of no where; or geo-locations could be incorrect.

b. How to find reliable Buyer-representatives for LAND.

c. How to examine Land quality, soil/ mineral use, if land is in sink hole, liquefaction zone risk.

- Could remote LAND realtor be trusted, as much as we do all above for already built house.

d. Future city plans for sewer, water line etc.. , or future enhancement from city are tough to find.

Land might be protected / restricted , by NPS, BLM or Dept of interior for future construction, or in historical area.

- Are above details shared OR, mandatory to share as part of Seller’s disclosure.

e. Process of converting land from agricultural/ homestead to commercial license.

- Is this a transparent standardized process, or could only be accomplished by well-connected folks..:)

Thank you in advance.

-A