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Topic: Agent/Broker Resources (Page 4 of 4)

Roads & Access: Tip #6 For Buying Lots and Land

Our journey through the 8 Tips for Buying Residential Lots and Land for a New Home continues with a look at the important Technical Due Diligence topic of roads and access. Access: Don’t Get Landlocked Landlocked. It’s a real estate term that describes land completely surrounded by property owned by other parties, impacting the owner’s ability to freely access the land. This Tip can help you better understand access issues so that you can avoid buying property that is landlocked – or otherwise has inadequate access rights – in the first place. Typically, lots for sale in newer residential communities…

Utilities & Infrastructure: Tip #5 for Buying Lots and Land

If you’ve been looking at residential lots for sale to find a site for your new home and you’ve found your community, evaluated builders, done computer research and checked out the property with a site visit, then it’s time to transition into the Technical Due Diligence stage. This post describes tips for evaluating infrastructure and utilities at the property, and is the first of several posts in this series to focus on Technical Due Diligence. If you’ve decided to put the property under contract (which can allow you to negotiate price, determine key terms and keep it from being sold…

Syndication: What We Do Differently & How We Protect Agents

Over the past few months, there’s been a lot of thought given to syndicated listings: In blog posts and Tweets some real estate industry professionals have worried about inaccurate or outdated listing information, paying for leads and competing professional advertisements. Many experienced agents know that syndication can be instrumental in boosting a listing’s market exposure to a range of active buyers. This exposure is critical, especially in today’s market, but only if the information is handled properly. Here at LotNetwork.com, we are committed to being good stewards of all syndicated listing and agent contact information. In light of the concerns…

The Site Visit: Tip #4 for Buying Lots and Land

When you’re buying a lot or land for your new home, the level of excitement builds when you think you may have found that “right” site. In Tip #3, our previous post about 8 Tips for Buying Residential Lots and Land for a New Home, we discussed due diligence, computer research and the Spaghetti Test as initial steps to eliminate properties that do not meet your requirements. Now we dig deeper into the due diligence process. The Site Visit So if you think you found property that might pass the Spaghetti Test, then you absolutely, positively have to do a…

Check from Satellite to Street: Tip #3 for Buying Lots and Land

So you’ve put some thought into the style of your neighborhood, the general area where you want to live and the type of builder you will consider using to build your new home. Now the fun begins! You can start to actually locate the specific building lot or land where your new home will live. Due Diligence: It’s a Process If you’ve done some online searches on LotNetwork.com, you likely have found several building lots for sale that you think could be the perfect lot for you. Now you must determine if a particular lot really is what you want…

Choosing Your Builder: Tip #2 for Buying Lots and Land

Today we’re looking at the second of our 8 Tips For Buying Residential Lots and Land for a New Home. So you think you’ve found an area, neighborhood or even lots for sale that fit your community style. Well, at the same time you should be evaluating potential home builders – or even just the types of builders – that you may want to use. Know Your Options Investigate your home builder options carefully. Some vacant lots or land for sale allow you to use any builder you want, but in other areas your choices for builders may be more limited…

Decide Your Community Style: Tip #1 for Buying Lots and Land

You’ve decided you’d like to buy a residential lot and build a new home – congratulations! No other option for owning your own home gives you as many ways to design and customize a home that’s all yours from the ground up. But where do you begin? You’re already discovering that the web is a great tool to help you do research, see the many choices available, make informed decisions about the type of home and community suits you and to help find a qualified builder. Earlier we gave you 8 Tips For Buying Residential Lots and Land For A…

8 Tips for Buying Residential Lots and Land for a New Home

So you’ve decided you want to build your next home from the ground up. We’ve got eight “must-dos” before you buy that residential lot. These are the highlights; we’ve explored each point more thoroughly in a series of posts as noted in the links. Decide your community style: Just like buying an existing home, think up front about the kind of community and location that suits your style. Whether you want sidewalks, bike paths, schools and shopping within walking distance or the nearest neighbor a mile away, no other path to home ownership gives you as many options as buying…