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Updated over 7 years ago on . Most recent reply

User Stats

15
Posts
3
Votes
Dustin Twiggs
  • Investor
  • Tacoma, WA
3
Votes |
15
Posts

Due Diligence of Raw Land

Dustin Twiggs
  • Investor
  • Tacoma, WA
Posted

I am hoping you guys can help me compose a list of items I need to research during my due diligence period here before I risk buying an unbuildable lot. 

The property is lake side with 100ft of shoreline. It's one of many (100+) that are built identically to it, 90% of them with cabins already placed. It is not in an HOA though.

It's next to sewer hook up

requires well, as new construction is no longer permitted to draw from the lake directly, I am told.

Utilities are to the properties on both sides.

one property shares an easement which does not look problematic at all.

The property is downward sloping towards the lake with some grade that will require excavation to build into, and likely a daylight basement, however almost every cabin on this lake has this setup so it doesn't appear to be an issue. 

I've covered here; Sewer, Electric, Water. I am thinking to verify the grading/excavation issue I will need to contact the county to learn of any offset issues etc.

are there any other items I could be missing? we want to buy the land and excavate a small portion for RV'ing that will later become the foundation for our cabin.

thanks! 

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