The fanciful countryside has been very appealing to many urban dwellers. Escaping from the city life and moving to a more serene, slow paced lifestyle outside the overpopulated cities seem like perfect dream. If you are serious with that endeavor, then there might be a few points to ponder on before making the move.
It is not as simple as it sounds, though. You might have been smitten with an ad featuring a Colorado vacant land for sale that boasts of stunning views and everything you could wish for. But before you go closing the deal, consider some factors when buying your ideal parcel.
Check for the zone requirements. This entails that you are aware of you can or cannot build on your lot. This also includes how much of the lot you can use for construction. Ask local authorities for future zoning, so you can picture out what will the surrounding area of that lot look like in a few years. They might be building a new resort, an amusement park, a shopping mall or an office building near your lot.
Visit the place to know what kind of smells, sounds, and overall sensations you can gather and notice. The atmosphere of the place should be kind, not annoying. Since you are planning to reside on the property, note if you will be comfortable with things such as the odor of fertilizer or farm animals nearby, or the chorus of the crickets at night or the loud mating songs of frogs living in a pond beside your lot.
Another criterion is the occurrence of natural hazards. Get a natural hazard disclosure to be informed ahead of time. If the area is known as a fire hazard, research on the available support systems in case of emergency. Survey the area for geographical features that can serve as protection during storms and such.
Survey the utilities. Water should be potable. Your power source should be reliable, and if you will be needing to run the generator often. Know if you can install internet connections and cable television and such. Find out placements of septic tanks, public watersheds, and the like.
Transportation will depend on easements. Your road access must be permanent and must be recorded in your deed, because this will affect your way of travel if you will take this for granted. There are horrible situations that have already happened because of the negligence of the buyer to obtain an easement. Acquire a title insurance as well for better security.
Because you will be building in that lot, know the elevation of the land. This is where you can gauge the type of materials you will be using for construction to have a sturdy house. Check for soil erosion, probability of landslides and floods, and stability of foundation.
Finally, find out about the appraisal. Cash is commonly used as payment, but if you are buying through a lending company, acquire a lender appraisal. Find out the appropriate price before you make your final offer.
It is not as simple as it sounds, though. You might have been smitten with an ad featuring a Colorado vacant land for sale that boasts of stunning views and everything you could wish for. But before you go closing the deal, consider some factors when buying your ideal parcel.
Check for the zone requirements. This entails that you are aware of you can or cannot build on your lot. This also includes how much of the lot you can use for construction. Ask local authorities for future zoning, so you can picture out what will the surrounding area of that lot look like in a few years. They might be building a new resort, an amusement park, a shopping mall or an office building near your lot.
Visit the place to know what kind of smells, sounds, and overall sensations you can gather and notice. The atmosphere of the place should be kind, not annoying. Since you are planning to reside on the property, note if you will be comfortable with things such as the odor of fertilizer or farm animals nearby, or the chorus of the crickets at night or the loud mating songs of frogs living in a pond beside your lot.
Another criterion is the occurrence of natural hazards. Get a natural hazard disclosure to be informed ahead of time. If the area is known as a fire hazard, research on the available support systems in case of emergency. Survey the area for geographical features that can serve as protection during storms and such.
Survey the utilities. Water should be potable. Your power source should be reliable, and if you will be needing to run the generator often. Know if you can install internet connections and cable television and such. Find out placements of septic tanks, public watersheds, and the like.
Transportation will depend on easements. Your road access must be permanent and must be recorded in your deed, because this will affect your way of travel if you will take this for granted. There are horrible situations that have already happened because of the negligence of the buyer to obtain an easement. Acquire a title insurance as well for better security.
Because you will be building in that lot, know the elevation of the land. This is where you can gauge the type of materials you will be using for construction to have a sturdy house. Check for soil erosion, probability of landslides and floods, and stability of foundation.
Finally, find out about the appraisal. Cash is commonly used as payment, but if you are buying through a lending company, acquire a lender appraisal. Find out the appropriate price before you make your final offer.