Raw Land: Where to Start Checklist

I'm often asked by Members of the SOREM community (www.secretsofrealestatemillions.com), "What's the initial info I need to consider in my Raw Land due diligence?"

Although there are over a hundred questions you might end up asking of the property, here are the 11 to start with that I'd recommend you never CLOSE on the purchase of a piece of raw land without:

title policy with copies of all exceptions; 

topography map; 

geotechnical and soils report; 

phase 1 environmental report; 

zoning verification; 

utility verification and fee schedules; 

impact fees; 

compliance with local codes; 

cultural resources/historical survey; 

endangered species study; and 

wetland delineation.

Adios. Now, Go Make an Offer!

P.S. Every one of these pieces can be covered, and many all at one time, by just a handful of professionals you can hire. DO NOT attempt this on your own. Get your Dream Team involved!