Bringing UTILITIES to Vacant Land: 5 Things to Know
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Perhaps you have found a property for an incredible price and are wondering how anyone could “give” away their land.
Well, perhaps it's because you will need to bring all utilities to the vacant land.
If there’s one thing that land developers know, it’s that it’s wise to budget more for developmental costs and fees than for purchasing the land itself.
Depending on the land you purchase, the site development costs can differ drastically.
One cost, in particular, that should never be overlooked is that of bringing utilities to a piece of real estate that has no existing utilities.
Because most people want basic services on their property (power, water, etc.), purchasing land that has no utilities means you’ll need to oversee this development.
Disclaimer: we are not lawyers, accountants or financial advisors and the information in this video is for informational purposes only. This video is based on our own research and experience and, while we do our best to keep it accurate and up-to-date, but it may contain errors. Please be sure to consult a legal or financial professional before making any investment or purchasing decisions.
Видео Bringing UTILITIES to Vacant Land: 5 Things to Know канала Gokce Capital
Perhaps you have found a property for an incredible price and are wondering how anyone could “give” away their land.
Well, perhaps it's because you will need to bring all utilities to the vacant land.
If there’s one thing that land developers know, it’s that it’s wise to budget more for developmental costs and fees than for purchasing the land itself.
Depending on the land you purchase, the site development costs can differ drastically.
One cost, in particular, that should never be overlooked is that of bringing utilities to a piece of real estate that has no existing utilities.
Because most people want basic services on their property (power, water, etc.), purchasing land that has no utilities means you’ll need to oversee this development.
Disclaimer: we are not lawyers, accountants or financial advisors and the information in this video is for informational purposes only. This video is based on our own research and experience and, while we do our best to keep it accurate and up-to-date, but it may contain errors. Please be sure to consult a legal or financial professional before making any investment or purchasing decisions.
Видео Bringing UTILITIES to Vacant Land: 5 Things to Know канала Gokce Capital
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