Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [land]

28 questions
23
votes
3 answers

Selling part of my land to neighbor

We have 3.5 acre (1.4 ha) land on our primary residence in Travis county area in central Texas. My neighbor has expressed interest in buying an acre (0.4 ha) from us that is backing out to them. We think this is a fair ask as we are not using that…
Texasbbq
  • 231
  • 2
  • 3
14
votes
2 answers

How do you subdivide land to sell parcels to your neighbors?

I am considering buying an investment property that has a small house and an acre of land attached. The shape of the parcel is very long and narrow, so the land isn't terribly useful except for keeping animals (like sheep or goats). The likelihood…
NL - SE listen to your users
  • 32,789
  • 19
  • 88
  • 145
14
votes
4 answers

Property tax on land where you discover you can't build anything on?

California has a 0.77% tax on real estate, including land. California also has passed a bill that prevents developers and land owners from building on or near earthquake fault lines which essentially could render some land useless. What happens with…
user4910112
  • 783
  • 5
  • 18
10
votes
1 answer

What does "sits on all four property lines" mean in Real Estate?

I recently read a listing that said, "The nearly 10,000-square-foot property sits on all four property lines, a rarity in Chicago," Apparently this is a good thing, relating to land and property dispute, but what does this mean? Link:…
Code Whisperer
  • 1,079
  • 7
  • 15
6
votes
3 answers

Is an apartment really real estate?

I was discussing with my friend about storing value in money vs something with inherent utility like land. He managed to convince me that something like food or land is a good store of value since these intrinsically have value, unlike the dollar,…
John Hon
  • 463
  • 3
  • 8
4
votes
2 answers

Argentina default warnings. Should I buy land?

Since my last question, things have worsened, and they will continue to do, so I diversified a little my savings, but now I'm thinking of buying some land. I have the opportunity to get some cheap land just outside the city and I thought it would be…
Jh62
  • 315
  • 1
  • 7
4
votes
6 answers

How much does it cost to build a subdivision of houses on a large plot of land?

I am a potential first time home buyer in San Diego, California and like most buyers these days in Cali I find the market to be pretty expensive and I am trying to come up with innovative ways be able to afford a house. One of the idea was to see if…
Lost
  • 1,601
  • 2
  • 16
  • 17
4
votes
2 answers

Money for land purchase

I own a house mortgage-free worth £180,000. I'm considering the purchase of a piece of land at around £125,000. I'm assuming the land will not be mortgageable? My question is, what are my options for raising the funds?
Andrea Kendall-Torry
  • 41
  • 1
4
votes
1 answer

What is the land only value of my property

I'm looking to find the value of the land only, for my house in the UK. Is there a way to find this out? I have the cost to rebuild, and the current property value, is it as simple as subtracting the two? I'm a UK citizen, with property in the UK,…
Chris Morgan
  • 161
  • 4
4
votes
2 answers

Refinance a land loan into a mortgage loan

If I obtain a 10 year land loan and but finance the build of a house with my own money will I be able to refinance that land loan into a conventional 30 year mortgage loan eventually?
user1221747
  • 161
  • 1
  • 5
2
votes
2 answers

Should I be concerned about buying a piece of property in upstate NY without mineral rights?

I'm about to go into contract on a piece of property in Delaware county NY. My lawyer raised a red flag in that the contract stipulated that the owner may not own the mineral rights to the property. The property is only 5 acres and I don't really…
user379468
  • 763
  • 7
  • 15
2
votes
2 answers

The investment land has too low a price?

I was thinking of investing in buying a land. I found one land that is weirdly too cheap($28k). The houses built around have the value estimated around ($300k). Location Ohio, USA. The Ad says: HOA is not active, but building plans must be approved…
Grasper
  • 1,209
  • 5
  • 16
  • 25
2
votes
1 answer

Can I use my lot as security on a credit line?

I purchased an empty lot next to my house. I'm very glad to have it, but I did naively think that perhaps that I could use this lot as something like a credit card. Using it as collateral for a credit line for home projects and such. I've since…
crthompson
  • 121
  • 3
2
votes
2 answers

Do Mineral Rights stay with the original land owner through death or can the current land owner retrieve them?

My husband and I are looking to purchase a hundred acre property in Western NY. The current owner says the original owner is receiving payment for gas mineral rights associated with the 100 acre property but he believes they belong to him and the…
Holly
  • 21
  • 1
2
votes
2 answers

Land purchase: documentation and must knows

I am thinking about buying a lake front lot of land near my home town in Texas. The area is incorporated, but there are very few built houses around it. I am thinking about buying it as an investment, either to build and sell or to just hold the lot…
MisterStrickland
  • 1,183
  • 9
  • 18
1
2