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Updated 10 months ago on . Most recent reply

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Esther Matthews
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Due diligence after offer submission in land

Esther Matthews
Posted

This will be my first time buying land. I usually just flip houses. I’m buying a piece of land that has had a house on it before (it burned down) and currently has an old mobile home, on the other side of the property, that I’ll have to remove

For those who’ve purchased land, what would you do before close? I know it’s buildable, with two prior structures. I know it has utilities on site, I can see everything (water, sewer, electricity). What else should I investigate, if anything, and who do I contact to do that?

Much appreciated!

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Henry Clark
#1 Commercial Real Estate Investing Contributor
  • Developer
3,857
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Henry Clark
#1 Commercial Real Estate Investing Contributor
  • Developer
Replied

Survey

Easements

Zoning. Don’t assume

Taxes due

Road entrances 

Is this city or county?

Cost on your sewer and water hookup.

Scope the sewer see if it needs replaced.

  • Henry Clark
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