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5 Things To Look For When Buying Land in Orange County

Buying land is an investment asset often overlooked by real estate investors. Yet, the land offers a variety of methods to earn income and build wealth over the long term. Healthy real estate portfolios have a well-balanced selection from every market sector, and land should be a part of that picture. This diversity gives your portfolio security against economic downturns which may affect one market sector, with your investments in the other areas carrying you through. 

When investing in assets, you should be considering the economic model of supply and demand; the land is a finite resource and will always be in demand. However, unlike stocks with values that can fluctuate drastically, the land is tangible, and the equity in it won’t completely disappear from your possession overnight. So read on as we explore five things you should look for when buying land in Orange County.

Budget

You should understand your finances clearly, how much you can spend on the land and how much you’ll need on hand for development if that is the plan, and then look for property that works within your budget when buying land in Orange County. Working with a professional buyer like those at H&M Realty Group could help you save money on the purchase through savvy negotiations with the owner, and we never charge commissions.

Purpose

Some buyers are looking for land to hold and divide into residential lots in the future. Yet other investors may have existing enterprises, using the land to grow the business and enhance profits further. You’ll be able to eliminate the clutter and zero in on your target area when you’ve determined your purpose for buying land in Orange County. Working with professional buyers like those at H&M Realty Group can help you understand the exciting opportunities land can offer.

Location

Now that you’ve clearly defined your intended purpose, the next thing you should look for when buying land in Orange County is the best location that fits your budget. Working with a professional buyer like those at H&M Realty Group means working with local pros who know Orange County to help you locate property with the proper zoning, utilities, access, and everything else you need to fulfill your goals.

Feasibility

A feasibility study can help narrow down the candidates among the prospective properties you’re considering when buying land in Orange County. Working with a professional buyer like those at H&M Realty Group means you’ll have the numbers in hand to know if your plans will bring you the highest returns on your investment dollar.

CAD

You should look for a professional to perform a CAD or a critical area designation study before you sign on the dotted line when buying land in Orange County. Otherwise, you may end up with a property you cannot develop. In addition, with a CAD in hand, you’ll understand your project’s environmental impact and have a plan to mitigate the damage. You’ll need this information before you can attain permitting. Working with a professional buyer like those at H&M Realty Group will help you take the right steps and help you understand the process.

You’ve taken the first best step by educating yourself about what to look for when buying land in Orange County. Your next step should be to talk to one of the seasoned experts at H&M Realty Group today about your goals for the land and how we can help you avoid making costly mistakes. Then, let the professional buyers at H&M Realty Group help you get started by locating the perfect land in Orange County to build your investment dreams. And don’t forget to ask about the current inventory at H&M Realty Group of the best investment land available in Orange County. Call H&M Realty Group at 949-625-4533.

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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