Whether you want to buy a timber tract, cattle land or a horse property, you’ll have to do some homework before you take the plunge. Your real estate agent will help you along the way, but your due diligence means doing a little legwork.
Here’s what you need to know.
What Kind of Due Diligence Should You Do if You’re Buying Land in Florida?
Research is essential when you’re buying land – any kind of land. You’ll need to:
- Look at zoning in the area
- Consider whether you want to sell it later (and therefore see it as an investment)
- Find out whether there are any transportation improvement projects planned for the area
- Look for amenities in the area, like grocery stores and other important places
- Find out what kind of access you’ll have to the property, such as whether there’s already a paved road leading up to it or if you have to go through someone else’s property to get there
- See if there are exact and accurate boundaries recorded
- Make sure you check the deed for encumbrances
Are You Buying a Home or Land for Sale in Lake City?
If you’re moving to Lake City, we can help you find the perfect place to live. Call us at 386-243-0124 to tell us what you want from your home and we will begin searching right away.
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