The building setbacks are key because they tell me where I can place the house. I emailed several local firms and asked for a quote for a full topographical survey and plot plan with all building setbacks shown. The first thing I did was to commission a surveying firm. I asked the seller if they had commissioned a survey of the property in the last 10 years and when they said no I explained that I would be offering less than the asking price. I checked to make sure it was close to water and electrical utilities before completing the deal.
It was listed for around $24,000 and I offered $20,000. It’s more difficult to secure financing for land. Buying raw empty land without buildings on it is different than buying a house.
