What do you need to do/know if buying raw land?
Sorry, this is probably a dumb question...
A lot just came on the market. The owner hasn't gotten any approvals, permits, etc. They are leaving all of this up to the buyer, albeit giving the buyer time to aquire everything before settlement, but we don't know what the process requires! The lot is a heavily wooded, six acre parcel. The agent was really wishy-washy about what is needed. We have no idea what we'd be getting into buying raw land that the process has not been done for us. Most lots around here already have everything in place, so we are not sure what needs to be done or the cost involved.
We do know we will need a septic permit. Are there surveys and other things necessary? Or just building permits when we have the house decided on?
Also, how expensive is it to take down a lot of trees? Gosh, this custom building stuff is a money pit.