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You are here: Home / Buying a Home / Lots and Land: Do You Know What to Ask?

Lots and Land: Do You Know What to Ask?

July 16, 2013 by Linda Mosse Leave a Comment

5 Admirals Way - Sweeping Views

Buying a lot or land for your new home?

The quest for your dream home often starts with a search for the perfect lot or piece of land. As with anything in the home purchasing process, the land you choose is an important factor and is not something to be taken lightly. There are many questions to consider about the land you want to build on and having a real estate agent with land experience can really help smooth out the process. As if deciding on the right builder and the right style of your new home isn’t enough!

There are several questions you need to ask your Realtor when you are searching for a lot, especially here in Texas. Let’s consider some of these questions (in no particular order):

  • Is the lot in a floodplain?
  • Are there any zoning restrictions?
  • Are there any potential environmental hazards such as endangered species?
  • Are there restrictions in the neighborhood or with the Home Owners Association?
  • Are there potential issues with impervious surfaces?
  • What easements are on the lot (and what will be left to build on once these easements are taken into consideration)?
  • What size home can be built?
  • Does the lot already have utilities on it and can you hook up to a public sewer or will you be required to have a septic system?
  • What types of cost will be incurred due to the topography of the lot and will your preferred builder be able to help you grade and level the site you have chosen?
  • Do the mineral rights convey with the property?
  • How do I obtain financing for a lot and the new home I want to build?

Each of these questions has its own set of questions, so look forward to more answers on these and any other questions you may have regarding lot and land purchases.

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Filed Under: Buying a Home Tagged With: new homes, land, lots

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About Linda Mosse

Linda Mosse served in the U.S. Air Force and worked for the National Park Service in the field of environmental engineering. She holds her Masters in Business Administration along with two other degrees and has been a REALTOR® for over eight years. Linda enjoys helping buyers and sellers with residential properties as well as working in the commercial real estate industry. Linda is well versed in the San Antonio area, as well as Bulverde, Spring Branch, and Canyon Lake. Call Linda at (210) 264-4513 or email her at lindamosse@sbcglobal.net.

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