Jul 13, 2008

Don’t get scammed buying land in Florida

You can take precautionary steps that will prevent you from being scammed when purchasing land in Florida. The facts are there is land in Florida that is not able to be built on and basically worthless to most potential buyers.

If you remember that “if it sounds to good to be true, it probably is” and then follow these basic steps, you should be able to avoid getting scammed when purchasing land in Florida.

Make sure before buying you:

  • Physically inspect the property. If you cannot visit the property yourself, then contact a trusted source to go out to look at the property.
  • Research taxes and assessments attached to the property.
  • Ask an agent or agents to provide you with a market analysis of the land.
  • Check with the city or county to determine future land use and any additional information about the land that affect value.
  • If you are buying from a builder/developer/real estate agent, check to make sure that they are in good standing with state and local license associations and business bureaus.
  • Hire professionals to perform any and all inspections that you feel are important.

If the person you are buying from seems rushed or pushy, walk away. Taking precautionary steps prior to signing a contract to purchase land in Florida is a wise decision.

Related Florida real estate views:

Florida vacant land contract

Tips when buying vacant land

What should you know when buying land?

- Greg Staker Watson Realty Corp. 407-304-0255

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