Good morning,
My wife and I found a piece of land we like, and have now been pre-approved for a loan. We have never purchased real estate, so we want to make sure we are doing everything right. We do not have a buyers agent.
I think I can now make the offer, right? Is there anything I should do before making the offer? We have walked around the property, but we don't know much more. I do know that there are some power lines running through it, so I assume there is a recorded easement somewhere.
The property is being split from a larger parcel, so a survey will be needed. Should I make the offer contingent on the sellers paying for the survey?
I am considering retaining an agent. I am an attorney, but I do civil litigation so I don't know much about real estate transactions. With enough time and effort, I'm sure I could figure this out, but I wanted to ask the esteemed folks of Reddit what y'all think. I would really appreciate any advice you may have.
Thanks in advance.
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source https://www.reddit.com/r/RealEstate/comments/1quu755/buying_vacant_land_preapproved_for_loan_what_now/
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