TIPS TO BUY A PLOT OF LAND. Buying a plot of land isn’t as easy as it seems. Especially when you don’t have any clue how to start and from where to start. In this growing usage of internet people try to find land online. Which makes it easier for them to know the availability of land but in this virtual world it becomes difficult to trust any party either selling or buying the plot. These issues may create dispute. Sometimes people try to overtake the piece of land by making fraud papers or by forcing someone. In such cases the broker tries to sell that disputed land and get rid of it, trapping the buyer. Hence, it is really necessary to get the complete details of the donna land for sale and the buyer must have proper knowledge. So here are some tips to help you getting through your problems and doubts before buying a plot of land. · Clarity: you need to be very clear about the purpose of buying any piece of land. Why are you buying? What are your future expectations from that land? Are you looking for a land to build a house, you need it for recreation or for commercial purpose. Because depending on the usage the size and area of the land will differ. · Land types: you need to know the different land types as the character and cost of Greenfield land and brownfield land is completely different. Greenfield land is the land which has never been used and is quite fertile. While the brownfield land is used piece of land, where previously construction had been done. · Research: do complete research on land prices, market rates, whether the land is suitable for the purpose and whether it is okay to buy keeping the future requirements and developments in mind. · List out suitable areas: after research list out the suitable areas according to your purpose, and start looking at the land available in that area. These days every now and then you can find different offers on land, although not all of them publically advertise it. Therefore, proper study is required. · Survey: make sure to check the potential of the land, and the land shouldn’t be engaged in any illegal activity or dispute. Check whether the land requires special permission to buy or not and what are the boundaries of land, is it safe or not. If you are dealing with some broker make sure he is not bluffing you by showing large land while only a part of it is allowed to buy. · Double check: double check all the aspects – plot size, service lines, drainages, documents and other official formalities. Consider purchasing a land as long term investment plan, try to judge the optimum time to develop the land or sell it. · Choose correct agents: identify the correct agent who can guide you properly without bluffing you. And who can explain you what is the best plot of land in given budget and why. Also, fulfilling maximum requirement.
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