Tips when buying
There is an owner financed/rent to own plot of land thats a little over 2.5 acres. Ive done alot of research and i think im ready to buy, but my dad says i should be looking for reasons not to buy.
To preface- this is undeveloped land. There is nothing but trees, although the brush is not thick.
So here's a list of all of the qualities of land/things ive checked. Let me know if theres anything that gives a reason to not purchase.
No city water- state records show wells on the surrounding properties to be 100-300ft
Land is sloped
Land is not in a floodzone
Land has not been perc tested, but there are no county restrictions on alternatives waste systems that to not rely on soil already on the lot
Land has no easements, but previous owners acquired an easement for an access road to get onto a main road
It will most likely cost 5k+ for powerlines.
I've looked at the deed history at the county office of deeds- seller matches deed owner
Zoning and codes are not an issue- land is unincorporated and outside of city limits. Permits are only required for electric and septic, all other construction is held only to statewide codes. (Yes i called multiple county offices to verify).
It adds an extra 30 minutes to my commute time to work.
It is within 15 miles of a fire station, i havent checked for hospitals or police stations.
There is no ongoing or planned development nearby.
I think these factors are all something i can live with for the price of the land and do not conflict with my goals, but I'd like some unbiased opinions/anything else i would need to check.