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Land Surveys Are An Important

First it is important to determine the reasons behind the purchase. There are many common reasons people look to buy land that is not developed such as; building a home, creating a residence for vacationing or for an investment. Sometimes you can have an interest in purchasing the piece of property for a combination of the reasons listed above and for each a different list of considerations and priorities will need to be met through the property.

When looking for a primary residence you are looking at aspect such as privacy, easy access to the town, close schools and playgrounds or even the idea of being close to, near or on water.

If you are looking to build a vacation home it may be important that you are surrounded by things to do. If hiking interests you than a location close to the mountains may be important.

If you are looking into property as an investment you will be considering the market, the location and the potential growth of the area.

It is important to remember that purchasing a piece of land is a personal decision and the requirements for how the land will be used and why are unique to the individual purchasing it.

It is also important to figure out what kind of return will be made upon selling the property. Consider other parcels located within the area you are looking to purchase. If you are purchasing the land as an investment you are looking for areas that are areas considered to be good for potential future growth.

Another thing to consider is if you will need to proceed with obtaining a new mortgage or will you are able to proceed with the purchase as a cash purchase. Many people feel getting a mortgage is a difficult step in making a purchase of this magnitude. I however disagree and believe it is harder to pay the mortgage off not get the mortgage in the first place. If you can’t pay for the property you risk having it foreclosed leaving you without money or land.