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 | The Land Buyer's Guidebook Ebook | |
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E-book Title: The Land Buyer's Guidebook
Author: Marte Cliff
Book Description: What's the most important thing you need to know when buying land to build a home?
If you don't know it, and you sign anyway, it could mean headaches, heartaches, and financial disaster.
What is it?
It's the fact that's hiding - the one that could prevent you from using your land as you wish, or the one that means you'll spend thousands more on development than you ever dreamed.
Read The Land Buyer's Guidebook - what you MUST know before you close .
Let me tell you how and why this book came into being.
For 19 years I was a practicing real estate agent - and for 9 of those years I was the owner-broker of a real estate firm. In that time I helped a lot of people purchase undeveloped land. Sometimes things went smoothly and there were no problems, but most of the time there was some kind of problem or issue that had to be handled before closing. Usually, given some time and some help from title officers, attorneys, and the sellers, I could do it. But sometimes the problems were insurmountable. And that's when I advised my buyers against purchasing.
I could help my own buyers, and as broker I could step in to help customers dealing with my company. But there were others I could not help. Realtors have to adhere to a Code of Ethics - and that code says you do not interfere between another agent and their client. I had to watch in silence while agents let their buyers go to closing on the purchase of undeveloped land with problems that would take months or years to solve - if they could be solved at all.
Here are 3 examples of the kinds of problems buyers faced when their Realtor failed to protect them...
Joe R. thought he'd gotten a great deal on a lot in a nice section of town. Surrounding homes were all new and well-kept, and he had negotiated a good price by buying two lots instead of one. He was a happy camper until he called the power company to install temporary power for his builders. That's when he found out about a $10,000 fee he hadn't planned for.
Mr. & Mrs. E. wanted the seclusion of 5 acres in the country. They found a parcel dotted with stately old trees, a dazzling view of the sunset, and a sparkling little brook running across one corner. It was a dream come true. That is, until they started trying to get a home construction loan. After months of trying to correct the problems they faced, they sold the parcel at a loss and gave up the dream.
Mr. & Mrs. S. thought they'd gotten a great bargain on their new home site... until they found out that all they had was an expensive camp site. In their case, there was nothing they could do that would satisfy the County and allow them to get a building permit.
These are all real people, and all of their problems could have been avoided if they'd asked the right questions and insisted upon the answers before they purchased their land. Sadly, until you've lost money or witnessed disasters, you don't even know what to ask.
In each case, the seller should have known and the Realtor should have known. Were they deceitful or simply negligent? I can't answer that. I can only tell you that these things happen, and if you as a buyer don't ask the right questions, they can happen to you.
Now I can finally tell you...
I no longer have to stand by silently while people lose their money and their joy. I'm not in a position any more to see the things going on from day to day, but I am in a position to offer you the information you must have in order to make an informed decision. And that's why I wrote the The Land Buyer's Guidebook.
You can thank my husband for the fact that it is available to you. Too often our dinner conversation revolved around real estate, and too often I was in a frustrated frame of mind at that time of day.
When I took my license off the wall he said "Now you can warn people. Write about how to buy land without getting hurt." So I did.
"20 Questions" is an entertaining game,
but these 20+ questions are serious business.
Getting the answers will make the difference between success and heartache when you're purchasing land to build a home - or even when you purchase recreational land.
When you absorb the information in The Land Buyer's Guidebook you'll learn how to uncover information that the sellers, and the seller's agent, might not want you to know.
You'll discover how past use can affect future use, and when to insist that your Realtor brings you concrete information in place of assumptions.
You'll learn the questions that your Realtor can't legally answer - and how to get the answers for yourself.
You'll learn to recognize the "red flags" that signal a serious problem.
You'll discover the benefits and pitfalls of a land contract, so that if you choose to do it, your own interests will be protected.
You'll learn what to look for on a Title Report - things that your Realtor may believe to be "No big deal" could turn out to be a very big deal.
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| Reader Reviews for "The Land Buyer's Guidebook" | | |
Reviewed by on 2008-07-08
My Rate 5
I read this book before I bought my mountain retreat - and it kept me from buying the wrong parcel! Little did I know that I was dealing with a crooked seller, but the tips in this book gave me the right questions to ask so I didn't get burned.
At this
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