Buying a piece of land and building your custom dream home may not be as simple or as easy as you may think. Here are some steps in the process…
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Buying the right piece of land:
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Location…neighborhood vibe, adjacent property owners
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Market value…get a Comparable Market Analysis by a Realtor
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State Permits…Act 250, Wetlands, Water and Wastewater, Stormwater, local Zoning or Subdivision
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Access…public or private; curb cut, right-of-way or shared drive
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Wastewater…municipal sewer or on-site (perc test needed?)
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Water…need to drill a well or test the water (no springs allowed)
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Survey…need to know the boundaries, easements and rights-of-way.
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Read the Deed!
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Some banks will loan up 50% of the market value or do a package loan
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Develop the property
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Hire an engineer to…
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Design a sewer line or on-site septic system
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Identify a well location
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Site plan for the house and driveway access
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Apply for state permits, if needed
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Hire an architect, or home designer
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Hire a builder (general contractor or construction manager)
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Want to do it yourself? It just takes time, patience and money!
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Our REALTORS can help guide you through the process…Contact us!
