There are Many Factors to be Considered Before Buying Your Homesite
The following is an outline of some of the factors that prospective buyers should consider before purchasing a lot on which to build their new home. This outline has been prepared by Vermont Built, Inc. as a guide to use in evaluating your prospective building site. The information in this outline should not be used as a substitute for obtaining legal, environmental, economic and other professional advise before making your decision to buy land.
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Lot and lot improvements are a major portion of the costs involved in building a new home.
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Many financing institutions consider and limit the ratio of lot and lot improvements to the total construction cost of your home.
- Choosing and purchasing the land, on which you are going to build your new home, is as important as choosing the home.
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