Buyer may, within 30 days (30 if not specified) from the Execution Date of this Agreement, conduct due diligence (Due Diligence Period), which includes, but is not limited to, verifying that the condition, permitted use, insurability, environmental conditions, boundaries, certifications, deed restrictions, zoning classifications and any other features of the Property are satisfactory.

It depends on environmental conditions and your decisions. 

Before purchasing anything make sure the following criteria are met; a)is it properly zoned for your needs. b) is the “dirt” suitable to support the buildings - obtain accurate soil borings and procure a topographical and platt of survey c) determine if detention areas are required, necessary fire safety access roads, suitable septic/well areas d) make sure the land has never been home to any toxic dumping or environmentally questionable materials e) easy access to utilities.  

Hi ZackMy name is Amir, and I in environmental engineering phd program at NC State.

For those of you who are concerned about technical information about building construction and repair, I came across an interesting site, InspectAPedia.  It includes a wide range of construction information. I came ac...

Our County has been using beet juice for a couple years and it's supposed to work very well down to -30 degrees and is very environmentally friendly.

If your inspector thinks its there, you may want to get it tested with a local environmental agency.

I would be at the city or county office asking about flood plains or environmental hazards in the area.

The LAND value portion is sometimes split out, and that may be accurate, if you account for possibly having to raze the structure and start from scratch.Another big risk with abandoned property is environmental contamination.  

For a bank, we will still have all of our costs including appraisal, legal, maybe even environmental, etc.