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How to Buy Land: Tips to Pick the Perfect Plot

It's thrilling to buy a new piece of land - a raw piece of untouched land for your dream home. However, selecting a perfect piece of land can be difficult. This presentation provides valuable tips on how to buy a perfect piece of land for your dream home. To learn more, please visit - http://www.svbrealty.in/blog/how-to-buy-land-tips-to-pick-the-perfect-plot/

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How to Buy Land: Tips to Pick the Perfect Plot

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  1. Introduction • Buying a piece of land for your dream home can be thrilling. However, picking up the perfect piece of land can be complicated. We have gathered important points to help you pick the perfect plot. www.svbrealty.in Contact Us: +918411963033 2

  2. Below are some tips you should know before buying a Plot • Checking Local Zoning Laws • If you think you have found the site for your dream home, make sure you check the local zoning ordinances. • The land you’re buying might seem attractive, but if the land doesn’t suit the specifications for the intended use, then spending money on it will be a disaster. www.svbrealty.in Contact Us: +91 8411963033 3

  3. Below are some tips you should know before buying a Plot (contd.) Zoning and the other land regulation records can be accessed through public records at the local zone office. Some important things to check are: a) Access from a Street: • Unless you’re planning on parking your car on the roadside or hoofing in at your home, your property must be properly accessible from the main road. • If the lot is landlocked, you will need special permission for trespassing through your neighbor’s land. www.svbrealty.in Contact Us: +91 8411963033 4

  4. Below are some tips you should know before buying a Plot (contd.) b) Setbacks: • If you are having a 20-foot setbacks structure, but your lot is just 50 feet, then you cannot expand your house for greater than 10 feet so it is a loss. c) View Ordinances: • The local ordinance company may also limit your ability to add a second story to the building. www.svbrealty.in Contact Us: +91 8411963033 5

  5. Below are some tips you should know before buying a Plot (contd.) 2. Figure out the Cost • If you are thinking of building a house from the scratch, then you need to spend much more money and should be ready with your bucks. • There are also many other costs like survey, permits from the municipal corporation, and health department approval. www.svbrealty.in Contact Us: +91 8411963033 6

  6. Below are some tips you should know before buying a Plot (contd.) 3. Determine the Utilities That You Want to Install • You would always want your home to have water, electricity and updated convenient supplies. These installations are not cheap and one of the major installations is the construction of the sewage system. • While most of the houses are directly connected to the municipal sewage system, since you are building a new house, you would need the extra cost of building your own septic system. www.svbrealty.in Contact Us: +91 8411963033 7

  7. Below are some tips you should know before buying a Plot (contd.) 4. Be Ready with the Financing • Getting a raw land loan is different from getting a simple home loan. • Due to the risk of money, some lenders require higher down payment that is 20 to 50% of the actual value. www.svbrealty.in Contact Us: +91 8411963033 8

  8. Read more about - How To Buy Land: Tips To Pick The Perfect Plot www.svbrealty.in Contact Us: +91 8411963033 9

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