Buying real estate for legacy purposes, especially land for future development, can look very different from a typical residential real estate purchase. As experienced real estate brokers and legacy consultants, we help our clients establish a “game plan” before we even begin the search. We strive to save you as much time as possible, so we know exactly which questions to ask to establish exactly what our clients are looking for.
What Is Your Intended Use of The Property?
Knowing what you want and what to look for starts with knowing what you need. Whether you want to build your dream home on a dozen acres, propose a commercial development, or invest in timberland, the current and future use of the property will help determine which one is the best fit for you. For this, you will need to consider important factors such as topography, zoning rules, and proximity to utilities. We are knowledgeable of what is needed for site assessment and have connections in the local community so we can give you expert advice on all these due diligence points and more.
How Do You Plan to Fund Your Purchase?
The next big question: cash-money or something else? Having these details sorted out beforehand can help you save time in the long run (the last thing we want to see is you having to sell your gun collection to finance your private shooting range). If you plan to finance your purchase, get in touch with a local lender to see what kind of options are available to you and what they will require from you. We work with many great lenders that can help you secure the financing you need.
In What Town or County Do You Want to Purchase Property?
While this may seem like an obvious question, stellar real estate investment is all about location and so it is important that you consider this carefully. Shopping for real estate based on county or city preferences means your land could cover a large, diverse area, with many types of topography and zoning classifications. This makes it a much more complex decision than a simply finding a nice condo in the city. Different areas will offer different amenities, and each one will have its own unique character. We will work with you through your research on the different counties, areas of the states and towns throughout the southeast to find the one that is just right for you. As brokers based in the region, we can give you insights into each of these areas that you may not be able to find on your own.
What Is Your Timeline?
Having at least a rough estimate of your timeline is paramount to be successful in your property search. Whether you are looking for local expertise to help you move through your mile stones during a 1031 exchange or you want to take your time and exhaust all the possibilities before you make your decision, we will work with you every step of the way to make sure we find exactly what you are looking for within whatever timeline you have.
Let Us Help You Build Your Real Estate Legacy
When purchasing real estate for either pleasure or investment (perhaps both), there are many factors to consider. As your team of legacy builders, it is our job to help you through the process to find the perfect piece of real estate for you and the right structure to help you create and finance your legacy. We have the experience and knowledge to help you every step of the way, so please do not hesitate to contact us with any questions you may have. We look forward to helping you find your next purchase and help you build your legacy!