Monday, 31 August 2015

Tips On Investing In Okeechobee Land For Sale

By Daphne Bowen


Building your dream house is an exciting proposition you can look forward to, but it is one that takes some groundwork. Investing in Okeechobee land for sale is the first step in the process that will give you a new lifestyle and a much-needed change of scene. Choosing the right lot is not difficult if you keep certain key points in mind.

Going this route will give you everything you require to maintain your current lifestyle and perhaps more. There are usually many properties from which to choose, so it pays to take the time to itemize your needs so nothing gets forgotten. Do you want the same living conditions or an improvement? Do you want to be near a school and parks?

When looking at raw land, keep in mind the size needed to satisfy the demands of your family and lifestyle. Do you need it to be near schools, parks, shopping, and restaurants? Is public transportation nearby? Many people forget to ask the fundamental questions before their search and are disappointed later.

The location is an important factor, but so is the actual nature of the lot. If it has at least a 2 grade, you will have easy water runoff to avoid flooding. It also should have ample space for a yard and/or pool. If you want a garden or guest house, add some footage to the bare essentials.

If you look more deeply, you will have to consider the grade of the land. You will need at least 2% for water runoff. Then you will need a certain amount of space for a yard and/or pool. If you want a guest house, you will add that to the equation. It all comes down to price to get what you want.

The sale of raw land can be tricky depending upon the owner and if there are any liens. There should be no issue as to title before a transfer can take place. Then there is the possibility that the property is bank owned, requiring many months of paperwork.

The more you plan, the fewer expenses upgrades and changes you will have to make later on. It is best to avoid mistakes from the very start. Planning also includes financing and bank approval. If the land is encumbered with liens, for example, it could take months to iron out. If it is a short sale, it will take time. In any case, some banks have strict requirements before granting approval.

At this point you are well on your way to a new home built to your exact specifications. Several months later, you will occupy a brand new space that suits your lifestyle. Your family will enjoy their fresh surroundings and a new start. Raw land easily can become the beginning of a new abode.




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