Land sub-division comes with many benefits. Many landowners are considering such options under the current marketing conditions. If you have a large area of land, sub-division may be the right thing for you. Here are a few things you need to consider when you want to sub-divide your land.
Before you can begin the sub-division process there are some things to keep in mind such as limitations. Neighborhood covenants, deed restrictions, and ordinances may keep you from sub-dividing your land. You can get a professional title review from a real estate agent to see if any of these reasons or more apply. It may also be smart to purchase title insurance to protect you and your buyer or buyers.
Depending on how much land you have, dividing a large area of land into smaller pieces could increase your profits. Lots can be sold to multiple buyers or even …Read More