Sunday, August 30, 2015

Tips On Investing In Okeechobee Land For Sale

By Daphne Bowen


When you build a house to your specifications, you get just what you want. First you have to invest in Okeechobee land for sale in your preferred neighborhood and price range. The prospects are open ended when you buy raw land instead of a pre-existing property. Ideally, you want to build something that speaks to your personal needs and falls within a prescribed budget. Next you must consider zoning and any local ordinances before you build.

First you must look at your financial picture and overall budget for the project. You have to calculate what your home is worth now and the likely price of sale. Is the cost of comparable to the structure on the new site? You also need financing and a time frame that is workable and feasible for relocation. The area or neighborhood of the lot will determine the price. As always, it is location, location, and location. You want to get the most you can for a fair price.

When looking at raw land, keep in mind the size needed to satisfy the demands of your family and lifestyle. Do you need it to be near schools, parks, shopping, and restaurants? Is public transportation nearby? Many people forget to ask the fundamental questions before their search and are disappointed later.

The location is an important factor, but so is the actual nature of the lot. If it has at least a 2 grade, you will have easy water runoff to avoid flooding. It also should have ample space for a yard and/or pool. If you want a garden or guest house, add some footage to the bare essentials.

If you look more deeply, you will have to consider the grade of the land. You will need at least 2% for water runoff. Then you will need a certain amount of space for a yard and/or pool. If you want a guest house, you will add that to the equation. It all comes down to price to get what you want.

The sale of raw land can be tricky depending upon the owner and if there are any liens. There should be no issue as to title before a transfer can take place. Then there is the possibility that the property is bank owned, requiring many months of paperwork.

Most of the time, however, things go smoothly and you can start thinking about floor plan, style, and decor. High on the list are paint colors, trim, kitchen and bathroom finishes, landscaping, and location of the garage. Your builder will be the initial guide but you may want to hire the services of a professional landscape architect and/or decorator. If you think it through, you won't have to make costly upgrades later.

The fun part starts when you begin to envision the floor plan and layout. The need to decide on paint colors, trim, bathroom and kitchen finishes, floors, and more. You may want to rely on your builder but most people hire the services of a professional decorator to make sure it all gets done right. It is best to work together as a team to accommodate your every need. In the long run, you will have your dream house.




About the Author:



No comments:

Post a Comment