Thinking about building your dream custom home or buying an investment property? The Waupaca County and Waushara County areas have land for sale perfect for establishing a home site, recreational venue, farm, family hunting spot, or more.
If you’re looking for lots, acreage, or land in the Waupaca area, here are a few helpful tips to keep in mind:
Work with an agent who knows land
When buying a home, working with a real estate agent will help you navigate through the process, especially if you’re new to negotiations, dealing with paperwork, or closing the deal. The same goes when you’re looking to purchase land – look for an agent with experience in handling land deals.
Check your finances
One of the first steps to buying land is to make sure your finances are in the best shape possible. An excellent credit score, as well as a good cash reserve, will help boost your chances of securing the loan you need for your purchase.
Look into the land’s history
A property’s history might turn out to be its biggest flaw, so be sure to look into its former owners and how it has been used in the past. Deeds can sometimes be inaccurate, so take time to conduct a title search before you close the deal. You may also want to consider getting an environmental site assessment to ensure previous use of the land won’t have any impact on whatever your plans are for it.
Find out about zoning requirements
Be sure to check with local authorities for any zone ordinances and whether you’ll be able to build the home you want before you commit to purchasing the land or lot. Also ask about future zoning plans, whether there are plans to establish industrial structures, shopping centers, or upcoming changes to the surrounding area that could potentially devalue your land.
If the land you’re looking to purchase is located close to hills, find out if the terrain might shift. This is very important as the type of foundation you use may crack if it is built on unstable land. If you’re buying land next to a body of water, consider building a raised foundation, and check with your neighbors regarding the condition of their own foundations, so you can get some insight.
Get title insurance
With raw land, insurance isn’t really necessary, but getting title insurance is a must. Title insurance will help clear any disputes regarding who owns the land before you purchase it, and whether there are any existing liens against it, which will protect you from any claims in the future.