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Real Estate Tips
Buying Land and New Construction >From the Ground Up

Buying land is different from buying a home, because you must resolve issues relative to land use restrictions, utilities, access and easements before building. When you locate land that seems right for your house, visit the local planning department before making an offer.

Ask whether city sewer, water and electricity are available. If not, you will need to calculate the expenses of installing a well and testing the soil for a septic system. The land will be zoned for residential, business, or agricultural purposes. Does the zoning permit you to build the house you want? Are there easements on the lot that will limit where you can build or how you can access the property? Ask about the long-range plans for use of the surrounding land. The land will be more attractive if the city intends to build a park or new school nearby. But if a six-lane highway or a waste treatment facility are in the city's future plans, you may decide to look elsewhere for a place to build your dream home.

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Real Estate Trivia
Q 
What does "contingency" mean in real estate?

A 
A contingency is a specified event that must take place before a home purchase contract is binding; for example, a sale can be said to be "contingent upon the sale of the buyer's current residence."
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Jill Biggs Real Estate Team, REALTOR®, real estate agent and broker for Jersey City, Hoboken, Union City and Weehawken, New Jersey home listings, property and land for sale - NUMBER1EXPERT

Jill Biggs
Coldwell Banker Residential Brokerage

100 Washington Street
Hoboken, NJ 07030
Cell: 973-495-6038
Direct: 201-533-3073
Office: 201-798-3300
eFax: 862-345-1528
Fax: 201-798-9366
JillKBiggs@gmail.com

Jill Biggs has set the standard for service in Hudson County. As a Realtor, Jill Biggs takes customer service to a new level, handling every detail of all transactions to make each sale a pleasant experience for both buyers and sellers.

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