Agoura Horse Property - Custom & Equestrian Real Estate by Nona Green

Selling Vacant Land - Preparation is key

 
Sunday, August 20, 2017
Tags:   Selling Vacant Land - Preparation is key

Preparation is key.  Buyers want to know whether they can build what they want on a lot BEFORE spending time and money.
For them to feel secure that they are not throwing away their cash, they want the information needed to get the answers ahead of time.  

1) Have property surveyed and corners staked.
2) Have ready a preliminary title report with easements plotted.
3) Have a zoning letter (a letter from city or county) confirming zoning - have a copy of the zoning ordinance.
4)  If sewer and utilities are available - know their location.  If no sewer is available, have land tested for septic system in advance.

It should go without saying that the lot should be priced correctly.   If no comparable sales are available, then improved properties should be used, subtracting the cost of development to arrive at the residual value of the land.  For more information, please contact Nona@agourahorseproperty.com, 818 426-2292

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