Tuesday, September 1, 2015

Investing In Okeechobee Land For Sale

By Daphne Bowen


Building your dream house is an exciting proposition you can look forward to, but it is one that takes some groundwork. Investing in Okeechobee land for sale is the first step in the process that will give you a new lifestyle and a much-needed change of scene. Choosing the right lot is not difficult if you keep certain key points in mind.

A dream house means an upgrade in lifestyle and a new lease on life for the whole family. It is an exciting process to be sure. Think about your new needs: how many bedrooms and bathrooms? What size and style of kitchen? There are numerous considerations before you get too far.

Choosing your location is critical, but you will pay for a good one. If you want an upper middle class neighborhood, for example, zoned for single family homes, it will have a stated market value. If you want to live higher, it will be that much more. Proximity to public transportation adds to the price as do schools, parks, community pools, shops, and restaurants. If you want to be able to walk in the woods or on the beach, so be it. Just set your sights accordingly.

Land can be more expensive in the hills, especially if there is a view. The nature of the residential area also matters: is it middle or upper middle class? You probably want at least enough grade for easy water runoff and enough flat land for a yard. A difficult lot means greater building costs for the home. You also want to check out local services and utilities such as water, electricity, sewer, and gas. These are not to be taken for granted and can impact the lot price. If recycled water is available, for example, it could be a cost saving feature.

Next on the list are the utilities. The land must already have contracted for electricity, gas, sewage, and trash pickup. You should avoid transitional properties that do not have these in place. At the same time, if you find that there is water recycling, it will be a cost saver in the long run.

Next, don't forget to delve into the local utility situation: water, natural gas, electricity, and sewage. These things should be in place even for raw land, unless it is a new development. You may have to do some research to be sure. It is often overlooked that recycled water, for example, can be a real cost saver.

The more you plan, the fewer expenses upgrades and changes you will have to make later on. It is best to avoid mistakes from the very start. Planning also includes financing and bank approval. If the land is encumbered with liens, for example, it could take months to iron out. If it is a short sale, it will take time. In any case, some banks have strict requirements before granting approval.

When all is said and done, you will have the home of your dreams designed and executed to your explicit specifications. You are ready to move in and begin again. Fresh surroundings always add vigor to one's existence, and a new lease on life.




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