Buying a Proper Land

Tips for Buying Proper Land

Buying a piece of land can be very hard, especially if you are doing it for the first time. There might be several reasons why you are buying an empty plot; you might want to build a brand new house in the plot or want to start a long-term investment or even plan to start your own business in the plot. Whatever be your intentions, you need to do a lot of research and know a lot before you invest in a property.

Buying a Proper Land

The following are some of the tips you can use to buy a piece of land:

  • Choose your location wisely.
  • Check for easy transport facilities.
  • Water, sewer and drainage facilities.
  • Get a survey which defines the property.
  • Hire a real estate agent.

Choose your location wisely:

Location of the land is one of the most important things to check before you buy any piece of land. Depending on what purpose you are buying the property you need to select the location, if you want to run a business then make sure that the location is not far from your potential customers. If you are buying a property as an investment, then make sure that the property has a high resale value otherwise, it is a loss for you. If you are thinking of building a home, then buy a land that has a good neighborhood which has easy access to grocery shops and other resources that you may need.

Check for easy transport facilities:

Make sure that you get a property that has vehicular access to a public road. Especially, if you are buying a land in the countryside, then you need to have a road to your piece of land. If the location does not have proper road facilities, try to get a proper easement and the rights of way.

Water, sewer and drainage facilities:

Water supply is essential for any piece of land you purchase. The water, sewer, and drainage are some of the critical concerns that you need to look. Make sure that you have the right to use any water body that runs near your location. There might be laws which require you to keep your livestock t at a certain distance from the water body.

Get a survey which defines the property:

Sometimes the survey which is done on the land can be outdated. So, it is always advisable to get a new survey and make sure that your property line is defined. These are important when you have to delve into legal matters like easements. The survey can also help you to have a rough idea of the dimensions of the house if you are planning to build on the vacant land.

Hire a real estate agent:

Real estate agents are professionals who are trained to help you out with various processes in buying a property. They can guide you on what property to buy and deal with the sellers and get you a great deal.

Colleges for Real Estate

Real Estate Education

Real estate has always had a good market, and the demand for a real estate agent or a broker keeps increasing. If you are looking for a career opportunity in the real estate market, then you need to be familiar with things like markets, finances, zoning, tax laws, insurance, mortgages, and banking. If you happen to be good in analytical thinking and have good communication and collaboration skills, then you can consider taking up courses to become a real estate agent.

Colleges for Real Estate

The following are some of the colleges that provide real estate courses:

  • University of Pennsylvania in Philadelphia.
  • University of Wisconsin – Madison.
  • University of California – Berkeley.
  • Arizona State University –Tempe.
  • The University of Connecticut.

University of Pennsylvania – Philadelphia:

The University of Pennsylvania in Philadelphia is a world-renowned research institute which provides innovative education and has its place in the Ivy League institutions. It is ranked 8th among the best universities in the year 2016 by U.S News and world report. The university also provides some of the best business courses in the whole nation. The core coursework in the college helps students become good in analytical and communication skills.

University of Wisconsin – Madison:

The University of Wisconsin is a public institution that was established in the year 1848, and it is one of the leading university in education, research, and public service. The real estate programs that are offered have a high recognition and regard from many real estate agents. Some of the degrees that are offered are BBA, MBA, and executive MBA in real estate. They also provide MS, MAcc, and Ph.D. degrees. The students are expected to complete an experimental project in real estate and have courses like real estate law, process finance, valuation, urban and regional economics, and residential property development.

University of California – Berkeley:

The University of California, founded in the year 1868, is part of the California school system. The students who enroll in the college have the option to either get a certification, an undergraduate program or an MBA or a PH.D. The University has partnerships with many local real estate industries which provides many good opportunities to learn.

Arizona State University –Tempe:

The Arizona State University offers a Master degree in real estate development, and the programs that are offered are cross-disciplinary. The University also provides minor real estate courses for the undergraduates. It is the most innovative schools in America and one of the largest public universities by enrolment in the U.S.

University of Connecticut:

The University of Connecticut is one of the top-ranked universities in England; established in the year 1941, the university offers academic programs which are leading in business, and the students get many opportunities to research. They have a brilliant set of faculty who are scholars and have terminal degrees. The coursework includes finance, GIS applications, use of internet in real estate markets, economics in business decisions, insurance, risk management and real estate investments. The courses that are provided incorporate both practical and theoretical studies.