Everything You Need to Know About Investing in Land

A Guide to Learning About Your Property

By LandCentral

land3

Let’s face it: for many, the idea of buying real estate can be an intimidating undertaking. Whether it’s a home or a piece of vacant land, there is a lot to think about when making such a major decision. When it comes to investing in land with LandCentral, we have made it as easy as possible to help get you started. For each property we list, you will find the most important basic information on the property. This is a good launching place for you to do your own research on the specifics. We’ve also taken the stress of the financial aspect out of the buying process for you by offering owner financing to everyone, regardless of credit history or score. Everyone with a valid credit card qualifies.

Let’s dive into the most important, basic information on each parcel on LandCentral.com, and take a peek at what else you may want to discover before deciding on a parcel.

What LandCentral provides:

  • The identifying numbers of the parcel (aka “parcel number”) and the legal description (describes the location of the property and is what the county uses to identify the parcel in conjunction with the parcel number).
  • Whether or not there is physical access.

What you may want to research further:

  • Are there easements and legal access? Sometimes the legal description mentions them, sometimes not. If there is not legal access, who are the adjacent owners who could possibly grant you an easement?
  • Are there mineral and water rights?

What LandCentral provides:

  • Zoning code and basic zoning definition.

What you may want to research further:

  • Are there any other uses that are allowed with a conditional-use permit?
  • What are the setbacks required for building a home on the property?
  • Is the type of home you want allowed? For example, a mobile home, manufactured home, etc.?
  • Are there utilities available? If not, how hard and costly is it to get them? What alternatives (solar power, alternative waste systems, etc.) are allowed?

What LandCentral provides:

  • Annual tax amount.
  • Annual HOA amount, if any, and basic HOA information.

What you may want to research further:

  • If the property is in an HOA, what are the covenants and restrictions?

What LandCentral provides:

  • Property dimensions, and latitude and longitude coordinates for all four corners of the property. Address of the property, if there is one. However, most vacant land doesn’t have an actual address until a structure is put on it.
  • Property slope.
  • Driving directions from the closest major city to the property.
  • Parcel map.
  • Satellite view on Google Maps.

What you may want to research further:

  • A survey to have the property lines physically marked.
  • The area the property is in. Installing the free Google Earth program on your computer is helpful in conducting this type of research without physically going to the property.

Looking for vacant land?

LandCentral sells affordable and accessible vacant properties nationwide

View Available Properties

Archives