Buying land to build a home

    Building a new homeWhat does it take to buy land and to build a home?

    There are several things you are going to want to pay particular attention to.

    Search all Land for Sale here

    First – Is water readily available? With the water table being so low, you may be tasked with having water trucked in and delivered for your home into a tank that is on the property.

    Search all Santa Clarita Valley Land for Sale – including Acton, Agua Dulce, Saugus, Santa Clarita, Valencia, Newhall, Castaic, Canyon Country and Stevenson Ranch.

    This fee is due without access to a well or city water. Typically the vessels are approximately 7500 gallons and will serve you for a month. The costs varies, but I’ve heard that $350.00 is a typical fee.

    We have the connections for you when you are ready!

    Second – Is electricity available? You may need to pay to have the power piped in.

    Third – Natural Gas for heating and cooking. This is something that a propane tank can take care of. It’s not a HUGE expense, but needs to be factored in.

    When banks are going to loan on a piece of land, they are going to want “plans” which are created by an architect.

    They are also going to ask for 50% down payment on the land, after they approve the building plans.

    This can vary from lender to lender. That’s why it’s important to have a Mortgage Broker helping you with your land purchase, besides us, your Realtors who are going to search for the land.

    We know some of the best Mortgage Brokers, which are creative, let me know when I may refer you!

    At the end of the day, an appraisal maybe one of the most important decisions you make as a raw land buyer when it comes to offering the “right price’. This appraisal is going to take place before you get into escrow, which is when your lender will send their own appraiser.

    It is a big dream to buy land to build a custom home. It can work out, but only with the best and most experienced advisor.

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    Paris and Connor MacIvor

    Connor and Paris MacIvor are in the Top 1% of Realtors Nationwide, starting their real estate business in 1998 with RE/MAX Gateway - Santa Clarita Valley and Valencia CA. Their becoming licensed real estate consultants and representatives came from the horrible experience they had when they bought their first home. There were many things that the agent they had hired did not explain and disclose, which per law he should have. Getting that agent on the phone after they closed escrow and after he had gotten paid was impossible. Paris and Connor called the broker, the board of realtors, the office manager and all they received was the promise of a phone call back. The remedy did come, but not as fast and in the way they wanted. That act - that bad agent was the reason why Paris and Connor became Realtors. That was all they needed to vow to never let the same fate befall anyone else, that befell them. Today Connor and Paris are focused on client service. Protection and top-shelf service with regard to their real estate clientele. They primarily work within the Santa Clarita Valley and Valencia CA. However, for a referral, where 80+ of their business is referrals they have License and Will Travel to other parts of Ventura County, Los Angeles County, and Orange County to handle real estate transactions for those who trust their real estate operation. Writing on their Real Estate Blog is a passion. SCVnest.com/blog is where you will find over 10,000 real estate articles. Go to SCVnest.com/radio to listen to their latest real estate radio broadcast.

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