subject: Tx Land For Sale-important Factors To Consider Before Buying Your Dream Property [print this page] It is very possible to purchase TX land for sale and not have a single problem with the purchase, but prepare yourself to be one of the few that select the land for sale in Texas that has issues. You dont have to shy away from properties just because it has issues. Do your homework if you really like the property and figure out how you can use this problem to your advantage or better yet know when to walk away and say no thanks. You will have to spend a little money to be safe, but it will be worth it. Hire an abstractor who can check the title out for any defects. A surveyor can verify your acreage you are trying to purchase and to make sure the fences are really the property lines.
Something to start with is asking why is the TX land for sale for sale? No matter what, there is always a reason someone puts their land up for sale. It doesnt have to be because of a problem. The seller might be relocating, strapped for cash due to the current state of the economy, etc. Or possibly the seller has to part with the land because the taxes cant be paid. Although you can feel for the seller, you can also use this hardship to your advantage. If this hardship doesnt bring the price down, at least ask for the mineral rights with the transfer of the deed.
The county tax assessor will help you with information like is there any money owed on the property or if there are any back taxes. If you find out there are back taxes that must be paid, you have more negotiation power. The county supervisor or commissioner might know if there are any plans to develop the property neighboring the property for sale in Texas that you are interested in. This information could either cause you to change your mind or again, give you bargaining power.
Notice if there is more than normal properties for sale in the area. If there are, question why. There might be something going on in the area like domain takeovers or rezoning. When you get ready to look for real estate for sale in Texas, browse the properties for sale listed on TexasLandSource. There are hundreds of property listings, both unimproved and improved land, commercial properties, and houses and they are for sale by a licensed realtor.
by: Chuckmagee71
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