Wednesday, October 26, 2011

Purchasing Land To Build Your Dream Home

When looking to purchase land to build a dream home here in Thailand, there are many factors to take into consideration. The first and most important assessment to make is the location of the land. Obviously the more prime the location the higher the price. Pratamnak has become the "Beverley Hills" of Pattaya and most believe this to be the best location in today's market. Land prices have risen around 150% over the last 8 years and this has shown a huge influence in the re-sale value of some of the housing in the area.

But most importantly is the shape of the land when considering what parcel to buy also. If you have an idea of the house design you want to construct, when looking at plots, make sure the plot can accommodate the footprint of the property.

If you have a set budget for the land and house, it is recommended that you get an indication of what the house is going to cost to build before you start looking at land to buy. In the past we have seen many cases where people have gone and purchased the land only for them to not fully understand many of the costs that they didn't consider in the build and so go over budget. Employ an architect and get some footprint plans made. Give these to two or three recommended contractors to obtain a quotation so you have some indication of build cost. Now you are in a position to understand your land budget. This in turn may determine the location that you can afford.

Make sure all land plots considered have all local utilities supplied to them or those utilities are very close to the plots. Government water and electric can cost millions to have installed if they are far from the plot. If you are going to build a large house and you require three phase electric, again make sure that this is in place. Water isn't such a major issue as you can create your own bore well, but water table levels have to be suitable and if they aren't then you may end up with a house with no water supply. If there is no electric supply to the plot you could wait months to have a supply connected and the costs can be massive, so check these fees before buying. Also if there is insufficient power supply you may end up having to buy a transformer, again more cost.

Whether you are using an agent to purchase land or searching by yourself, make sure you obtain the services of a reputable lawyer to ensure any land you are considering is suitable for what you are looking to build on it. Firstly the land should hold a Channot title. There are many forms of land titles here in Thailand, and the different titles can determine what the land can be utilized for. Secondly, the lawyer should make sure the person trying to sell is the true owner, so obtain a copy of the seller ID card and make sure the name on the reverse of the land title matches that of the person on the ID card.

Make sure the plots considered have sufficient land drainage. You aren't allowed to have water run-off going on to other peoples land parcels. So make sure the levels of the land allow for run-off and drainage to flow away from adjoining plots. Land fill can be expensive, and in turn this can also increase the build cost of the house if piling is required.

Going back to the locations that you are going to consider, I always try to give the buyer some insight into what the area may hold for future development. In the case of Pratamank, or city living, if there are empty plots close to the parcels you are considering, be aware that condominiums or apartment buildings could be built in the future. This will devalue the price of a property instantly and make it very hard to sell in the future. Try to look for land in areas that are built out already. If you are considering going further from town, for example out towards Huay Yai or Maprachan Lake, where land prices are more attractive, again check utilities and land titles first.

There are projects that offer building plots in enclosed developments here in Pattaya. If you need to be on a secure development and still require the luxury of building your own design, we do have options available to you. Obviously you will pay a premium for such parcels but you are assured to have all required utilities, security, well maintained roads and in some cases communal pools, etc.

See some of the best Pattaya condominiums at pattaya condos and consult with our representatives at pattaya property.


http://EzineArticles.com/6459729

Monday, October 24, 2011

Rural Property In The Waikato Is Perfect For People With Horses

The Waikato region in New Zealand's North Island is full of rich pasture and prime land for all types of rural endeavours. Along with the main city of Hamilton with its gorgeous lake and river, there are several popular towns including Cambridge and Te Awamutu. Nowhere in the region is further than an hour or two from the sea and you are always near lakes and rivers.

There is a wide range of rural property for sale in the Waikato, from farms of all sizes to lifestyle blocks and properties containing ready made fencing and shedding. Many properties are perfect for horse lovers, with stables, good fencing and plenty of paddocks. It's a great place for those who love keeping horses and enjoy participating in equestrian events of all kinds.

Cambridge is the "horse capital" of the Waikato, with some of the best thoroughbred horses in the southern hemisphere being bred in the area. However, the entire region is perfect for horses and world class performers have been raised in all parts of the region.

Horse lovers are never bored, there are always plenty of equestrian events to train for and become involved in. These include show jumping, dressage, eventing and pony club to name a few. There is a Western Riding Club as well as a Mounted Games Club. The Te Rapa Horse Trials are held in Hamilton twice a year, in autumn and spring.

Big rural events draw competitors, visitors and suppliers from all over the region. These are held each year, including the popular Fieldays at Mystery Creek, just south of Hamilton. Many towns hold their own annual A and P Shows, culminating in the Waikato A and P Show in Hamilton which features dedicated equestrian events as well as farrier demonstrations and competitions. The Waikato Equestrian Centre in Hamilton is the hub of equestrian information in the region and it's always easy to find out where your nearest event is being held.

Waikato is also an important region for the Riding for the Disabled, which teaches children with disabilities equestrian skills to improve their confidence, co-ordination, communication and independence among many other benefits. Volunteers - who may or may not be horse lovers - help the children by assisting with the programme in a variety of ways.

So if you are looking for a rural property of any size in New Zealand and also love horses, the Waikato is the perfect place to base yourself for an idyllic future full of a huge variety of equestrian events and a peaceful and very enjoyable rural lifestyle.

Looking for property sales in Waikato? Listings on our site vary from high quality homes, down through all price ranges to properties for first home buyers.


http://EzineArticles.com/6369862

Friday, October 21, 2011

So Many Foreign Nationals in the Philippines - Rights to Buy Property

Several thousands of foreign nationals in the Philippines have decided to make the country their second home. The number of Chinese, Japanese, Americans, British, Germans, Australians, Koreans, Indians, and other nationalities in the Philippines is staggering and ever growing.

Immigration Alien Registration division assistant chief Ferdinand Arbas stated that the number of Chinese living in the country went up from 30,809 in 2009 to 61,372 in 2010. The Korean's presence has increased from 24,876 in 2009 to 28,090 in 2010. In 2007, the U.S. State Department estimated that there were over 250,000 U.S. citizens living in the Philippines. The dual citizenship factor makes it a bit difficult to have an exact number of U.S. citizens residing in the Philippines. I do not think that anyone has an exact number to report yet. Perhaps, this number might have increased by at least 25,000 within the last three years, which would give a rough estimate of 275,000 (or more) U.S. citizens living in the Philippines.

You will find three main groups: those who go to school and others who are business owners; last but not least, the retirees. Thousands of Korean nationals attend English schools and many students from Iran and other countries study medicine. Thousands of Americans and numerous German Nationals, Australians, among others retire in the country. Retirees are privileged to do island hopping beyond their wildest dreams, due to the fact they can enjoy the breath-taking and panoramic sites of nearly 7,000 islands. Additionally, they can afford the luxury of a great standard of living at reasonable costs.

There have been many speculations floating around, saying that foreigners cannot buy any property in the Philippines. Eventually, it is incorrect. Let us explore this issue together. The Philippines Law prohibits foreign nationals from owning land in the Philippines, except as a minority partner with an interest of 40% or less. There are individuals who suggest that it is a great idea to set up a fake or dummy corporation to bypass the law. I caution you that setting up a "dummy corporation" for buying land, which is illegal in the Philippines.

Here is what you should expect if you try to circumvent the property laws of the Philippines, the authority can confiscate one hundred percent (100%) of your investment and you can even go to jail. One of the reasons why the laws are so stringent is that the Philippines government is very concerned about foreign exploitation.

The condominium market is the only legal way for a foreign national (foreigner) to invest in Philippine property market. For instance, a foreign national may have one hundred percent (100%) ownership of a condominium unit in any building, having an overall foreign ownership of forty percent (40%). In addition, a foreigner, who is married to a Filipino woman, can buy a house under the name of his wife, meaning that his wife's name is the only name that appears on the deed. That said, the husband's name is left out of the deed. The deed may mention that "name of the wife followed by the words 'married to...'" For those single men who are thinking about marrying Filipino women and not being comfortable with such real estate arrangements as far as the deed is concerned, you should then consider buying a condominium instead.

This is the only real estate property that the Real Estate Philippine Laws allow you to buy without having to have the deed under your name's wife. Moreover, the Philippines Property Laws allow foreigners to buy or own buildings and or houses legally as long as they do not own the land on which the houses or buildings are built. Foreign nationals, corporations and legally formed associations may lease land for a period of 25-50 years, which is renewable for another 25-50 years.

Written on July 12, 2011

Colbert Bellevue is the author of three eBooks: "Top Secrets to Approaching a Woman, Seducing Her, and Taking Her on a Date or Getting Her into Bed," "How to Get Many Pen Pals and the Woman of Your Dreams in the Philippines, Thailand, and China," and "The Whole Truths You Need to Know Before You Travel to the Philippines."

He has helped, free of charge, hundreds of single men and retirees to connect with great and beautiful female pen pals and the woman of their dreams online.

If you want to know more about How to Ask a Woman You Have Met Once or Twice out on a Date, click here: http://www.ebookspower.com/product_info.php?products_id=1612

©2011 Colbert Bellevue. All rights Reserved.


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Tuesday, October 18, 2011

Austin Ranches

There's much more to Austin than it's great live music and amazing food. The companies that make Austin a great place to work and the people that make Austin a great place to live are diverse and expanding. So too is the land in and around Austin. In the past, owning a ranch in Austin could have literally meant owning large acreage inside the Austin City Limits. Heavy growth over the past decade or so has changed that definition. Now Austin ranches usually refers to a ranch within about an hour of Austin.

I-35 not only splits the city of Austin but it also splits the landscape of Austin. Austin ranches on the east side of I-35 feature sandy loam or clay soils that grow good grasses, gently rolling hills and open pastures. The Colorado River is a major landmark in the area and features great kayaking, canoeing and fishing opportunities. Thousands of years of flooding have created a fertile valley around the Colorado River which is used to grow hundreds of varieties of crops - most notably pecans, watermelon, peaches and tomatoes. Majestic oaks, cypress and pecans line the banks of this now flood controlled river which provides water for rice farmers downstream near the central coast of Texas.

West of I-35, the Texas Hill Country is the quintessential backdrop to many people's idea of Austin ranches. The tall, limestone hills create stunning vistas, the quintessential backdrop for a Texas sunset. Many ranch homes feature big, breezy porches designed to take advantage of the views. Year-round, seasonal and dry creeks and rivers carve canyons and create pools - perfect for cooling off in the hot summer. Notable waterways on Austin ranches are the Blanco River, Pedernales River, Onion Creek, Miller Creek and perhaps the most famous, Barton Creek. The Pedernales River flows into Lake Travis, recognized as one of the most beautiful lakes in Texas. Only minutes away from Austin, less developed areas on the west and north side of Lake Travis create the perfect waterfront spot for many Austin ranches.

The diversity of land in and around Austin has made Austin ranches hard to define. From the green, rolling hills of the Colorado River valley east of Austin to the majestic limestone peaks of the Texas Hill Country, there is a ranch in the Austin area that will ft just about anyone's idea of the perfect place to call home.

Dave Murray
Specializing in Austin and Central Texas Residential, Estate, Waterfront and Ranch Properties

Use our web site to search for Austin ranches, Texas Hill Country ranches, Lake Travis homes for sale and find out more about the area:
Web Site: http://www.dmtx.com/
Ranch Blog: http://www.texaswaterfrontranches.com/


http://EzineArticles.com/6369248

Sunday, October 16, 2011

What Is Asset Protection?

It is rather obvious that asset protection means to protect your assets from creditors and would be litigants. A better definition might be pre-litigation planning to deter lawsuits and encourage out of court settlements. The bottom line is not only protecting your assets from attack, but to minimize the amount of time you spend dealing with an attack (to allow you to spend your time more profitably).

What is interesting is that there is very little written about the subject of asset protection. There are no legal casebooks written on the subject, no classes taught in law school and very few books written for the inquiring mind. The term "asset protection" does not appear in state statutes or in the U.S. Code. It is rare to even find the subject written about in law digests.
Recently I attended a continuing education class for lawyers (I am not a lawyer). This one day course was designed to help attorneys "discover assets" of their opponents. While interesting and informative the class was not taught by someone experienced in debtor-creditor litigation. Theory does not often meld with real-world asset protection.

For example, can you imagine that someone would plan 20 years in advance to protect themselves from a frivolous lawsuit? Or that someone would sell an option on their real estate just to cloud the title (in case of attack)? Or that an individual would intentionally over-encumber their investments to give the impression of no equity? The best asset protection plan is one that can be reviewed and approved by a judge in a court of law (assuming the judge knows the RIGHT questions to ask).

However, our legal system is so unpredictable that most people with serious money and assets will not leave asset protection to chance. Boilerplate documents will not be adequate for a good asset protection plan. Professional help should be sought, if you can find it. Solid planning requires well-crafted documentation.

There are three main areas of concern when it comes to protecting yourself. First, your income, then your assets and finally your physical well-being. We have been talking so far in this article about someone tapping into your income by the unauthorized use of your credit (i.e. Identity Theft). This prevents you from being able to either buy more assets or deprives you and your family of lifestyle. Another way of attacking your income and assets at the same time is to sue you. One out of every 15 people will be sued in the next 5 years. Each year bogus creditors, phony lawsuits and the IRS steal assets and income from people just like us because we fail to protect our assets adequately. How do you prevent this from happening to you?

Adopting a philosophy/attitude is certainly your first line of defense. Keeping a low profile, not bragging about your holdings, living a moderate lifestyle (at least locally), and buying proper insurance (we encourage our students to buy lots of liability insurance AND an umbrella liability policy) are all good habits to establish. But, these actions alone will not guarantee that you will not be sued and lose everything to a quick buck artist and his lawyer (and your lawyer too----it costs a small fortune to defend yourself from a frivolous lawsuit).

Your next step is to list out all of your assets (you have probably already done this for your personal financial statement) and analyze each and every one of them. Most of us have developed an attitude about our assets that projects an image to the public that can cripple us at a time when we are most vulnerable. Now is the time to "organize" our assets and properties before an attack is launched against us.

If you look at the really rich people in this country and study their habits, you will find that they benefit from assets but do not "own" many. In other words, they have learned how to enjoy the fruits of their labor without risking their principal. How do they do it? First, they select a few paltry assets to own in their own name. This gives the illusion that when you find these assets, it's all that they own.

Some pursuers will stop here. However, the real assets are hidden in land trusts, personal property trusts, corporations, foundations, family limited partnerships, fictitious names, nominees, agents, attorney's trust accounts, escrow accounts, options, and on and on and on. When properly setup, the user has the full benefit of the assets, but he/she is legally unable to control any of them. Therefore, the assets are beyond the reach of all of their creditors!

The first step in a solid asset protection plan is to put ALL of your properties into separate Land Trusts. This insulates each property from the other. This can be done efficiently and inexpensively if you learn how to do it yourself. We teach people all over the United States how to put their property into Land Trusts.

This article is just the beginning if you are truly interested in protecting your assets. As you can see, this is a complex subject and you will need a lot more education to accomplish your asset protection goals. With any new subject there is a steep learning curve, but if you have spent a life time acquiring assets (or WILL spend a life time acquiring assets) is it not worth getting additional information and training?

Randy is a full time real estate investor who purchased his first rental house in 1969. He has purchased over 200 houses and teaches other investors how to put their properties into Land Trusts for privacy and asset protection. Randy is a national teacher, author and mentor. Randy writes the only Land Trust Newsletter in the county and is the founder of the Land Trust University (an institution that teaches real estate investors how to set up and administer their own Land Trusts). Residing in Illinois (the granddaddy state of Land Trust Law), Randy knows more about Land Trusts and how to link them to other entities than anyone else in the America today. You can reach Randy at: http://www.realestateforprofit.com/ or call him at 866-696-7347. You can also follow him on Twitter (landtrustexpert) and Facebook (realestateforprofit)


http://EzineArticles.com/6397199

Thursday, October 13, 2011

Land Surveyor: What He Can Do for You

People often overlook the importance of getting their real estate properties surveyed. Some of the good excuses are, they got the property from a mortgage/lender company, or it is a waste of time and is expensive. Well, let us discuss why you must have the property surveyed by a land surveyor if you plan to purchase.

Mortgage companies are wise enough to pass the responsibility to the buyer. They do not have the property surveyed before handing it to the buyer simply because they are aware of the significance of not including the survey matters in title insurance policies. Another reason is to refrain from claims of rights and possessions and encroachments, of course, this is to protect their interests and investments.

So the tendency is, once you purchased a property without a survey, problems such as claims of encroachments by a neighbor, or rights to easements by a service company likely arise at a later time after you have settled yourself and built your dream house on the property. This is a major headache! You will surely shell out big bucks even twice or three times the amount you would spend if only you consulted a land surveyor before anything else.

Here is a quick overview of what a land surveyor does for you to understand, in depth, why you must get one to survey your property. The most important part of their job description is to establish an official boundary of land, water or airspace. They do this by researching historical boundaries, and taking measurements. Since they establish boundaries, it is crucial that the measurements are accurate.

So you realize getting your property surveyed by a land surveyor will save you a fortune, after all having that peace of mind and peaceful living are priceless. In any cases that someone claims that your fence is encroached in a portion of their property, or a sewerage company claims rights to easements to access your property for a repair or maintenance, then you will have legal means to fight for your claim.

When your property is being surveyed by a professional land surveyor you will know the exact measurements and boundaries of your property area. You can do anything you want as long as you will don't go beyond your property's boundaries. So you will be confident enough to claim your rights to your property, after all a land surveyor does his job carefully and thoroughly.

So when you plan to purchase real estate property, make sure to consult a professional land surveyor. Here is another crucial thing, do not just hire someone who claims to be a land surveyor or you will get yourself enough problems! Look for a professional one, and someone who has a good reputation since you are dealing with something that can be disputed and legal, it would be best to be very careful with getting someone who will not get you into trouble.

It is surely worth the money you spend to be able to living peacefully with your neighbors and to be sure of the boundaries of the property you own.

Keith Maxwell is a licensed Professional Civil Engineer and Land Surveyor in Alabama. He is also a Certified Floodplain Manager and has consulted for over 25 years. His surveying and engineering firm completed residential and commercial surveys throughout Alabama and surrounding states. They have extensive experience with GPS Surveying and ALTA Land Title Surveys. Visit us today at Montgomery Land Surveying for more information on land surveying and engineering.


http://EzineArticles.com/6401479

Monday, October 10, 2011

What You Should Know About Land Surveyors

Land surveyors job includes calculating associated with dimensional relationships among points, lines, as well as physical attributes at or near to the Earth's surface area. Essentially, surveying entails calculating associated with side to side ranges, height variations, instructions, and perspectives.

This is actually presumed that side to side distances tend to be parallel to some common plane. Likewise, each dimension offers both span and route. Span is generally pointed out in feet or within meters. The actual path is offered as a showing of the actual azimuth position to some reference meridian. The actual meridian is generally taken as the actual north-south direction.

The actual point of origin is actually set up with regard to the actual lines of surveys. Generally, the majority of coordinate methods possess the source positioned west and south from the region in order to be surveyed, to ensure that most coordinates are positive within the north-east quadrant. The actual Land Surveying entails vertical measurement which supplies the 3rd dimensions for an object's placement.

This method is principally concentrating on establishment of residence boundaries by means of methodical examine, examination, collecting details via industry observations as well as measurements and study of lawful devices associated with property. Likewise, it calls for the re-establishment of cadastral studies and also land limits depending on recorded data as well as historical proof.

This particular process additionally consists of validating neighbourhood roadmaps, listed property studies, judicial surveys, and space delineation. This may additionally end up being related to providers for example mapping and associated information accumulation, development layout, accuracy measurements associated with length, position, height, area, and quantity, in addition to horizontal and vertical management surveys, and also the evaluation and usage of land survey data.

It is important to observe that it's been an essential functionality within enhancement with the human being environment. It's been a fundamental piece of organizing and execution of any kind of kind of development. It's most recent use has spanned directly into the actual field of transportation, structures, telecoms, mapping and also establishment of lawful limitations of property possession.

Right up until lately the fundamental resources employed for this method had been, tape measuring the actual limited distances, a Level with regard to identifying the actual height variations, in addition to theodolite for to calculate the perspectives horizontally and vertically together with triangulation. These days, much more advanced instrument for example complete station is broadly utilized. Land surveyors utilize a mixture of expertise and also training comprehends and determines the qualities associated with property.


http://EzineArticles.com/6388986

Saturday, October 8, 2011

When and What Is a Land Surveyor Required for?

The obvious answer is, when a survey of the property/land/building in question is required which would include positioning and measurements of a building/property or land. The data collected from the survey is then translated into plans where architects or planners can evaluate, enabling them to know how the project might then progress or where problems may occur.

Land surveyors are necessary, for instance, when you wish to buy a property or an area of land. If this is what you wish to do, only an accurately scaled and detailed plan produced by a Land surveyor will be able to describe/highlight exactly what the area that you are going to purchase includes or entails. This detailed plan also indicates the boundaries of surrounding land / properties in relation to your own, as well as determining where trees, outbuildings, or fences lay.

The survey will also describe whether other people are allowed access to your property or land thus determining your legal permits and rights. Deeds to the house can often be outdated, previous owners might have made changes to the property and its land, and accordingly a land survey will also act as an up-to-date deed and can be used by a solicitor to produce an accurate, contemporary deed.

Land surveys are also required when alterations are planned to be made on a certain area; this includes land as well as property. If an extension is intended to be built then a land survey is needed to mark out the boundaries which the land occupies in order to establish the proprietor's ownership rights and make sure that you are only building on your own land. This will prevent any future disputes or problems. The land survey is an accurate model of the site that can be used by the possessor to design, create and position projects accurately. The surveyor will mark on the map exactly what the location of the building is proposed to be in order to guarantee that this is on your property.

One of the most important situations a land survey is required for is boundary disputes. Land surveyors can produce information which stops situations like these reaching the courts, thus saving a great deal of time and money. In these situations the surveyor acts as a professional witness who assumes qualified responsibility of the details even if the situation is ever taken to court.

Banks and trusts will often request that a survey is done before they authorise you with a mortgage to guarantee that all records are up to date and there is no likelihood of sudden demise or change to the building. If you re-mortgage or refinance your house then the bank may require a survey as the details surrounding the area and the house will often have changed somewhat since you purchased the property/land.


http://EzineArticles.com/6360937

Wednesday, October 5, 2011

Hill Country Ranches

Many people think of Texas as a big desert or a dusty plain but Texas is one of the most diverse states in America. It features one of the largest coast lines of any state, old growth forests in the eastern portion of the state, great plains to the north and mountainous deserts to the west. One of Texas' most treasured features is its Hill Country located in the central part of the state and owning a piece of it is like owning a piece of heaven.

Hill Country ranches can vary from valleys with bubbling creeks to hilltops grandly displaying the countryside. Some ranches feature cleared pastures for grazing goats and cattle while others are ranch owners choose to keep their properties in a more natural state to attract wildlife.

Some of the most coveted Hill Country ranches even feature broad, clear limestone rivers such as the Pedernales, Colorado, Frio, Comal or Blanco rivers. These rivers are mostly spring fed from underground aquifers whose waters are filtered through porous limestone which gives these waterways exceptional clarity and create beautiful environments for swimming, fishing, canoeing and kayaking.

Hill Country ranches are renowned for their incredible hunting opportunities. Common wildlife on Hill Country ranches includes whitetail deer, axis deer, turkey and feral hogs. Many ranchers lease their land to give guests the opportunity to hunt for wildlife. The central Texas area is a destination for many deer hunters around the country and hunting ranches can range from brush covered back country to well-groomed forests replete with luxurious hunting lodges.

Ranches in the Central Texas area can range from just 20 acres to over 20,000 acres but they all have common features of rolling limestone hills and broad oaks. Many people see the non-native ash juniper more commonly called a "cedar" as an invasive species on Hill Country ranches but the mature trees have become home to the endangered golden cheeked warbler and black-capped vireo. Protecting these species through conservation easements is one way owners of Central Texas area ranches can gain tax benefits and protect the land from over development. The exploding populations of Austin and San Antonio have dramatically raised the value of Hill Country ranches and also sparked debate on conservation among individual property owners and developers as well as local, state and federal governments.

Owning a ranch in the Hill Country offers a place to escape the stress of everyday life and experience the diversity of scenery, waterfront, flora and wildlife that Central Texas has to offer.

Dave Murray
Specializing in Austin and Central Texas Residential, Estate, Waterfront and Ranch Properties

Use our web site to search for Austin ranches, Texas Hill Country ranches, Lake Travis homes for sale and find out more about the area:
Web Site: http://www.dmtx.com/
Ranch Blog: http://www.texaswaterfrontranches.com/


http://EzineArticles.com/6369583

Sunday, October 2, 2011

Buying a Piece of Land - Things to Consider

Buying a property entails a lot of things but it is a priceless asset if you know how to go about it. The market value of lots increases periodically so it is always wise to buy now and resell it later on. Or if you plan to build a house later, you can leave it as is for now.

Before you buy a property ponder on what you want to do with the property. Either you want a residential house, a commercial building or an apartment that you can earn from. These are important considerations that will help you decide the size and location of the lot you are going to buy.

There are other factors that you have to take into account before buying a property. Check the present market value of the lot through the local assessor and compare with what the lot owner or agent has supplied to you.

Determine the size of the lot you want so you can know if you can afford to pay for the property. Although you can always have the option for financing, it is always good to have funds set aside for the purchase. If you plan to have it financed then be ready with the requirements needed.

The location of the property is of great importance as well. A residential or commercial building should be accessible to schools, malls, transportation and commercial areas. This will give you convenience of everything when you decide to relocate and live in the purchased property.

To find a good location check your local newspaper for possible lots for sale in the area that you prefer. You may also check with your bank for foreclosed property that they are offering and may be purchased through a bank loan. Foreclosed properties are great deals as they are priced lower than the present market value of the property.

Survey your prospective lot before even thinking of purchasing it. This makes sure that every boundary is correct and accurate. Also make sure to look into some vital information regarding the lot - owner's information, lot description, tax information, map, etc.

Avoid making mistakes in buying a property instead learn the tricks of the trade. It can be very hard and complicated but through patience eventually, you will benefit from it. This is about investing on a property that will secure your future and provide you a place of your own.

Raven Ross is a gifted writer and has knowledge on many topics. He explains the importance of understanding how land contract forms work when it comes to purchasing land. Learn all about this topic and many more related topics at his latest website, http://www.landcontractforms.net/.


http://EzineArticles.com/6258935