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25 Jul
Buying vacant property is a little like having a new home built. There are so many Traps for the Unwary, so many things that can go wrong. Someone who hasn’t been in a real estate nightmare may think, “Oh, it won’t happen to me.” Maybe not, but that is like saying, “Oh, I won’t have a car accident.” Bad things do happen to good people. Buying vacant land that hasn’t been developed by a professional developer/builder, requires many things. Of course, it makes a difference whether you’re buying one 5 acre parcel or 20 acres that need to be divided. Want to see my checklist of issues a developer is obligated to consider? Thought you’d never ask.
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