5 Things You Need to Know Before Buying Land in Orange County

Much like before diving headfirst into unknown waters, you need to check the depth when you’re in the market to purchase land. You should take precautions by performing due diligence to protect yourself and your financial future. 

We will cover five things you need to know before buying land in Orange County.

Location

Purchasing a piece of land is a significant financial transaction. You must take steps to ensure that you will see a healthy return on your investment, the long-term value dependent upon the physical location. Naturally, the intent for using the land must come into play. You should physically walk the property and ensure there aren’t issues with the site that don’t show up in listings or photos, such as less than desirable smells, sights, or sounds in the surrounding environment. No matter why you’re buying real estate, H&M Realty Group can help you assess the potential value in the future, which is an essential factor you need to know before buying land in Orange County. 

Zoning

Another thing you need to know before buying land in Orange County is if you will be able to use the land for the intended purpose without restriction. Zoning keeps property value high, with compatible uses of land organized in one area, such as the industrial zone, to maintain the general character of a given area of Orange County. Zoning also prevents new development from interfering in the full use and enjoyment of previously existing properties. Often, zoning variances are granted based on lawful nonconforming use, so don’t lose all hope. Just be ready to present your case for a larger building than allowed or use outside the current guidelines.

Access Rights

Accessibility to the property from a public roadway doesn’t always exist, and this is a crucial factor you need to know before buying land in Orange County. Landlocked property, or land with no public right of way, brings with it difficulties that may affect your ability to use the property for the intended purpose. While it’s likely in your best interests to walk away from this piece of real estate, it’s possible to gain access rights. However, it has been the cause of feuds between neighboring property owners. Save time, money, and stress by working with a professional agent like those at H&M Realty Group to help you avoid such issues.

Permits

The ability to attain any necessary permits for the development of the property is a legal point you need to know before buying land in Orange County. Suppose you’re hiring a general contractor to build. In addition to building permits, they may need to obtain permits for sewer, water, and even zoning permits may be needed along with others, including any special regulatory issues, such as being in a historic district. Working with experts like those at H&M Realty Group makes it easier to help guide you through the process.

Your Finances

Consider any additional costs that may add up. Loans for raw land require more time and paperwork than conventional home mortgages. Your financial ability to see the project through completion is something you need to know before buying land in Orange County.  Knowing all the numbers, you can garner the financing you need upfront, making the process as smooth and stress-free as possible for everyone involved. Investors like the professionals at H&M Realty Group are familiar with the time and costs to develop Orange County land and are here to help you reach your goal.

At H&M Realty Group, our job is to help you achieve your real estate investment dreams. The professionals at H&M Realty Group can help you with everything you need to know before buying land in Orange County. Call H&M Realty Group at 949-625-4533 or send us a message today!

Joe

Broker/Realtor/Investor/Mentor (41 years experience) Specialties: Buyer's Agent, Listing Agent, Foreclosure, Short-Sale, Property Management, Landlord I'm a Full Time Real Estate Professional, house flipper and mentor to many of my clients. I am here to help you get top dollar for your home or get you the best price for a home that you are going to live in. I have over 40 years of real estate experience for you to draw on and actively list and sell over 20 homes a year. I have sold over 600+ homes in the last ten years alone. I am a very skillful negotiator and will work diligently to help you realize the best possible price when buying or selling your home. With my Exclusive Home Acquisition & Sales System, I can find the Right Home for You! I have access to homes no other Realtor will show you. I can show you how to save an average of $10,000.00 on the purchase price. We will find a home that fits your needs, in a neighborhood that suits your style. If you are selling your home then I can bring all the professionals to you. I always include professional photos in ALL my listings. I have contractors standing by to assist with those upgrades if needed. I can also quickly get you ALL CASH offers for your home if you desire. My marketing surpasses all other agents. It begins with extensive internet advertising to hundreds of websites throughout the world. I do direct mail marketing for you home and also knock on doors in your neighborhood when I am holding an open house. I hold you home open to expose it to as many buyers as possible. My Exclusive program is designed to sell your home for Top Dollar in Any market. I am an experienced flipper here in Orange County and therefore can offer you my over 40 years of real estate experience. The information is available to you at no charge! If you like what you see, please call me and setup Your Free Consultation.

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