We buy houses in Upton MA so we know that when buying land in Upton MA, it is imperative you keep a few things in mind. Not all lots are the same, and some can have features that can become very expensive to deal with. We are professional homebuyers in Upton MA and we will help you explore what to watch out for when buying land in Upton MA.
Buying land is a bit different than other real estate purchases. There is less data to go off of and fewer experts to work with. Custom Realty Solutions, LLC is a land expert in Upton MA and we can help you whether you are looking to buy or sell land in the area. Here are just a few things to do before you buy.
What To Watch Out For When Buying Land In Upton MA
Working With Upton People Who Aren’t Land Specialists
While most agents can help you buy many different types of properties, you will want to make sure that if you choose to hire an agent, that they are a land professional. Land specialists will have a better understanding of environments impacts, how to handle them, development nearby and the inside track on the best developers to work with.
Make Sure Your Financing For MA investment Is Lined Up
You will need to have your financing in place before you buy. While it is critical to get pre-approved before any financed purchase, you will likely want to have the funds immediately available so you can close quickly. Many land transactions are done in cash. It is very likely that someone will make a competitive bid on a lot you want, with the ability to pay in cash and close in only a few days. You wouldn’t want to miss out on a lot you want because your financing was tied up in red tape at the bank.
Environmental Impact In Massachusetts
It is not uncommon for people to buy a vacant lot with the assumption they will be able to build, only to find out that it isn’t possible. Depending on where you live, there are protected animals and plants, that if found on your lot, can immediately prohibit all development. In some cases, you can be prohibited from building if the animal is found nearby. Other things to consider are bad soil and relation to flood zones. If the dirt is sandy, or not capable of holding a structure up, you might have a problem! Make sure to do your homework before you buy!
Easements in Upton MA
Easements allow other to have access to parts of your land for their convenience. This might be for utilities, or if a neighbor needs the ability to cross your land to access theirs. Before you buy, learn about what, if any, easements are in place on the developing land you wish to buy.
Restrictions On Future Upton Development
If you are buying land for development, think about not only what you want to build now, but what you might want to add down the road. Will you be able to add an addition? A pool? A shed? You don’t want to buy and develop a property only to find you are limited on what you can do with it.
Be A Nosy Massachusetts Neighbor
If ever there was a time to be a nosy neighbor, this is it. Find out who and what is located around you. Check out the neighborhood, talking to anyone you can. Ask them if they know why the land is for sale in the first place. What they think of the area. If they have heard anything about zoning changes or new development.
Upton MA Home Buyers
Before buying land in Upton MA or the surrounding areas make sure to do your homework. Work with local trusted professionals such as Custom Realty Solutions, LLC, who buy cash for houses in Upton MA, to ensure you are dealing with knowledgeable land professionals.
Whether you want to sell your house in Upton MA or buy a land in Massachusetts, just contact us using the form below! We can help you learn how to profit from buying land and how to determine if it is the right time to buy in Upton MA!