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Looking to Start a Real Estate Career in the North Georgia Mountains pt. 2
So you have read Part on and you are funded. You have your license and are ready to go. The North Georgia Mountains are beautiful and there is a large amount of land available for sale . So you are getting involved in land sales. You figure hey they are not as complicated as a home.
Did you know that E & O insurance generally runs higher if you do a lot of land sales ? Here is why
1 You need to consider first and foremost is the lot buildable? In Georgia a level 3 soil test is the first step to making that determination. This is especially true if yo are dealing in 1 or 1/2 acre lots. You could find under ground water or serious rock. The reason these factors are problems is because you are dealing in septic systems. Too close to water and you will not pass environmental laws. Too much rock and you will not perk. You also need to be at least 50 feet from streams . But some counties have tougher restrictions. So if your buyer sees a great piece of property with a stream running through it do your home work!
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