by Benford Homes Kindly note that these questions presume that the property in question is top in your list of options.
- Where is the land? (establish the physical location-might require presence of experts)
- What is the size? (Does what the vendor says match with what is on the ground?)
- What are the prevailing physical conditions of the land? (water logged when it rains? Quick sand? Area prone to mud/landslides? Flood plain? Terrain- determines usability %; quarries? Existing structures-might mean extra investment in running them down; and any other physical aspects that would act as limiting/promoting factors
- Neighborhood; who lives there, what kind of relationship do they have with this property?
- Is the sale/asking price within the prevailing market rate?
- Can you project the future of the place?
- What are the services available (or nearby), KPLC connection, water.
- Access; How accessible is the place? Is the access way mapped (does it appear in the government survey plans?)
- Sometime, if you can establish the genuine reason(s) as to why the land is being sold, it would be a good thing.
- What are the payment terms?
- Who are you dealing with; agents/owner/third party with power of attorney?
- What are the relevant user user regulations for the area; what are you allowed to do on the land or/and not to do?