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“Buy land, they’re not making it anymore.” – Mark Twain
It’s hard to imagine, but these long-revered words by the great American author still resonate today and real estate, despite the current economy, is still one of the soundest long-term investments one can make. Buying undeveloped land for sale in California presents a wealth of opportunities that’s only limited by your imagination.
Undeveloped land for sale is like a blank canvas; it’s just waiting for you to add your artistic touch. Be it a farm, a retirement refuge or a future subdivided development, purchasing undeveloped CA land for sale is the perfect way to maximize the potential of your dream. But, even though the land for sale is undeveloped, it doesn’t mean that you don’t have a number of considerations to keep in mind before signing on the dotted line. Here are some tips for buying undeveloped land in California so you can make the most of your investment.
Make Sure the Land for Sale is Not Landlocked
The land for sale you are interested in should have a recorded road that allow ingress and egress to and from the property. Before closing, make sure that you will be provided with a recorded road agreement that clearly indicates the location of the road or roads.
Getting Utilities to the Undeveloped Land for Sale
Purchasing undeveloped land for sale in California may mean that the property is miles away from the nearest electric line. Find out early on how much it will cost to have utilities installed or compare costs with installing a sustainable solar or wind-powered energy system. Other considerations include finding a reliable source of well water, satellite TV, Internet and phone service (or at the very least, cell phone service), propane delivery, location of the local landfill and whether or not the ground is supportive of a septic system.
Easements, Restrictive Covenants and Titles with CA Land for Sale
Quite often, the acres around undeveloped land for sale in California are used for agriculture and cattle raising, which means that there may be cattle easements around the parcel of land you are interested in. Check the title report if any easements or restrictive covenants (building restrictions) exist on the property. You should also purchase title insurance to protect you against any undisclosed issues that may present themselves down the road.
Lastly, before purchasing undeveloped land for sale in California, make sure that a registered surveyor surveyed and staked the property lines.
These tips may seem like common sense, but these issues are much larger in context when purchasing undeveloped land for sale. Remember to address these issues and you’ll be prepared and protected when looking for undeveloped land for sale in California.
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