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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
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What vast and beautiful territory is named with an Indian word meaning "Big Village"?

A 
Canada
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Bonnie Fagoh, REALTOR®, real estate agent and broker for Tampa, Apollo Beach and Fishhawk, Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Bonnie Fagoh
C21 Beggins

6542 US Hwy 41 N
Apollo Beach, FL 33572
813-658-1344
Fax: 813-645-8892
BonnieFagoh@NUMBER1EXPERT.com

Bonnie Fagoh Awarded Centurion ** Bonnie Fagoh of Tampa Coastal Homes at Century 21 Beggins in Apollo Beach Florida has been awarded Centurion level recognition for 2009*** In a year that experts have noted as a difficult one, Bonnie has quietly gone on with what she loves and that is helping families find fantastic opportunity in this coastal community and it shows! She had her best year yet in 2009. "What I have found in 2009 is that many people are very frustrated with the "foreclosure bargains" that they have considered, only to find after many aggravating months and much frustration with the lenders that it is just not worth the wait. They miss out on some great buys waiting on short sale approval, or are outbid on a bank owned property. Of course, these distressed properties are "as is", in need of repair and neglected so they may not be the "best deal". I have helped families buy brand new homes with full warranties and close in 30 to 45 days. (Many short sales take 4 to 6 months or more and can "fall apart" right at closing). Some big national builders need to keep the scaled down workforce busy even if that means selling at a loss (under replacement cost). Several builders have bought lots at a drastically discounted price from other builders, so now thay can offer a buyer a new home at a very attractive price." "The hassle of liens and second mortgages etc... does not exist with these brand new bargains." Of course all the normal due diligence has to be performed. For example, what is the history of the neighborhood? Many of these factors cannot be determined from photos or a written description... No, in today's market as competitive as it is it pays to go with a pro that is very knowledgeable about the local area. You need to know that a realtor is serious about the profession. " I have lived in my area over 20 years and in Tampa Bay for over 44 years so the trends to me are clear, says Bonnie. Ask how was your 2009?"


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