Real Estate Investments

Land Buying Problems to Avoid

There are a few common pitfalls when shopping for vacant land in Lanham, MD. These include common misconceptions about termites, zoning laws, and termite inspections. If you can avoid these problems, you’ll have a much better time buying vacant land in Lanham here is a post on the Del Aria Investments Group`s blog.

Common misconceptions about termites

When you buy land in Lanham, Maryland, it is important to consider the presence of termites. Termites are one of the most destructive pests in the world. Despite the fact that you might have never heard of them before, they are a serious threat to your home. There are several common misconceptions about termites, including the myth that they are not a threat during the winter.

Another common misconception about termites is that they can be difficult to detect. These insects hide in small cracks and crevices. They are so quiet that the average homeowner may not even realize they’re there. You can detect them by checking for frass and listening for sound behind walls. If you don’t detect them right away, the damage they cause can be extensive and difficult to fix.

Common pitfalls of shopping for vacant land in Lanham MD

If you are looking to buy a vacant lot for home building, you should research the neighborhood and nearby home values. This way, you can choose a location where comparable homes are priced similarly to yours. A common mistake made when shopping for vacant land is to overpay for it. While it can be tempting to spend more on a new home, it can prove to be a costly mistake in the long run.

Before buying vacant land, make sure to check the zoning laws. The zoning laws of a certain neighborhood govern what you can and cannot do on the property. For example, you cannot build a Walmart in your back yard, or a sewage processing plant in the town square. There are many local laws that govern how you can use property in different areas. It is vital to check the zoning laws before you purchase any land for building.

Zoning laws

Zoning laws are important when it comes to buying a land. These regulations can determine whether a property is suitable for residential or commercial purposes. For example, a rural zoning may restrict the number of buildings permitted on the property, while an aesthetic zone may require you to build within certain height limits.

Zoning laws protect properties from development. These restrictions are in place to help maintain safety and livability. For example, you can’t put an oil refinery right next to a residential area. Zoning laws also determine the look and functionality of a city. They help ensure that people have safe, convenient access to food, jobs, and amenities.

One way to avoid problems with zoning is to read the zoning regulations of the area in which you’re interested in buying a land. These regulations apply to both built-up and undeveloped areas. High-income communities generally impose more stringent zoning regulations than low-income communities.

Termite inspections

Termites are a common pest that can cause substantial damage to your home. While these insects are not visible to the naked eye, they can eat through the wood and undermine the structure of your home. They can also destroy support beams and foundations. Whether or not your home has signs of termite infestation, it is worth investing in an inspection.

Getting a termite inspection before you buying of land is essential for two main reasons. The first is the value of the property. If there are signs of infestations or damage, it will affect its value and be a major factor in negotiations with the seller. Termite inspections are also important for property tax purposes. A property that has no signs of termite infestations will be valued higher and may be taxed at a lower rate.

Radon mitigation

Radon is an extremely harmful radioactive gas. It is virtually undetectable by the average person, but it can have very serious health effects if it’s present in high levels. Fortunately, there are many ways to mitigate the problem. Radon mitigation is not an impossible task; if you suspect that a home or building may contain elevated levels of the gas, you can hire a professional to perform the necessary mitigation work.

The first step in radon mitigation is to check the levels of the gas in the home. Most homes contain acceptable levels, but a radon problem can affect a home or property’s ability to sell. Fortunately, it is relatively inexpensive to remediate the problem, so it should not hinder the sale process.

Del Aria Investments Group
4200 Parliament Pl Suite 430, Lanham, MD 20706
(301) 297-3977