06 Jul Would someone be willing to do an Explain Like I’m 5 on a land purchase?
First, awesome sub with tons of valuable information I have already searched for and absorbed. Thank you!
I was hoping someone could walk me through my first land purchase, from due diligence, to how and when to pay the seller, and everything else that goes into the deal. This will (hopefully) be my first land purchase coming up and I just want to make sure I do everything possible to ensure the safety and legitimacy of the deal.
I know this is a lot to ask and will completely understand if I receive no responses and my post is downvoted. I appreciate you taking the time to read and consider my request. Thank you!
Edit: Sorry, let me include: Septic and water on site, perc up to date, cash deal with owner, no flood zone, plan on building approximately 2 years from now, any builder is okay.