The Dangers of Buying Property to Build

Buying undeveloped land can provide an opportunity to build a house that will meet your needs, but you will need a lot of information before you sign on the dotted line.
Among the many things to consider is the zoning. Most suburban areas have zoning regulations which govern the type of structure that can be erected, the dimensions, and even the material used on the exterior. Historic preservation groups work with builders in many areas to ensure that any new construction fits in with the existing buildings. If you want to build out of the city limits, check the availability of public utility services and the cost of bringing those services to the site. Local planning and zoning boards can provide you with information about proposed development that could change your quiet country lane into a busy street. New construction requires numerous permits and you should consult an expert before making a final decision. Contact me at Casey@Margenau.com if you need help with your real estate investment decision or financial transaction. I have an excellent background in custom home design and can help you make the right home building decision.

If you are planning to build a new home, you should take full advantage of the opportunity to design a custom-built home that meets your needs and includes all the amenities you want.
This may be the biggest project of your lifetime. Be certain to select a team of highly qualified professionals to work with you. Your home team should consist of a real estate expert, an architect, a builder, and a lender. Your "Dream Team" will assure that your investment is protected and all the legal requirements are met as your dream home is being built.

Interview each member of your team and ask for references, in order to be confident you are hiring the best people for the job. You will be working closely with these professionals for many months, so choose your team carefully.