land: Use a Local Lender With Local Knowledge and Local Experience
- 05/17/13 12:31 AM
I just talked with someone this morning. They had wanted to buy a lot in Pine Grove / Bluemont which is in Western Loudoun maybe 15-20 minutes West of Purcellville VA. They have their plans to build a new home on the lot and had estimate from builder. Total cost for lot, well, septic, and new construction of house, and related items like driveway, power, etc. came to $258,000.00. It's not easy to buy a lot and build in Loudoun county for $258,000.00, but it can be done. So it was hard to believe when their " lender" came back and … (33 comments)
land: Why do 2 Equal Size Lots in Same Area Have Huge Differences in Price?
- 05/14/13 10:38 PM
I get that question a lot from potentential buyers and agents. I usually rattle off several of the reasons from memory, but there are usually several other reasons as well. Even when someone sort of knows how to use the Loudoun county va web site ( which does provide a lot of useful information), they still don't get all the answers. For one thing, the mapping system on the county web site is not always accurate. It once showed a lot I was selling as 7 acres when it was actually 4 acres. It showed another lot as 17.5 when it … (3 comments)
land: A New ANUA Sewer Treatment Might Make That Unbuildable Lot Buildable
- 05/07/13 09:17 AM
When buying a lot in Loudoun County VA, it's always wise to know what type and what size of septic system is approved for that lot. I hear people say " Any lot will perc these days." That's not always true, many lots don't perc, so they are not buildable. Many more considerations must be made before purchasing, like set backs, easements, flood plains, access, access to power, covenants, hoa's, topograpghy, etc, etc. But for now, I'm just looking at drain field sites. Most people think there are only 2 categories " Conventional or Alternative. And those are actually the 2 … (8 comments)
land: Buying A In Town Lot is a Whole Different Ball Game Than Rural Lots
- 03/20/13 10:05 PM
I just received another email from a buyer with links to 3 lots he wanted to know more about. These lots were priced close to $80,000.00, and were approx 1/4 acre. At first glance, the price looks good compared to many rural lots that require well and septic. But, when you add in the costs of buying a lot that requires public water and sewer, that $80,000.00 price tag can quickly go up! Depending on the town and county where the $80,000.00 lot is located, you will need to figure in costs for a water and sewer tap ( if they … (10 comments)
land: When Buying Mountain Land, Searching Title Back 60 Years Isn't Enough
- 03/18/13 09:50 PM
Choosing a Title company isn't always simple. If you're buying land, ( especially mountain land), or an home built on a mountain lot, you will most likely want to work with a title company that has an attorney. Many title companies have no attorneys, they just hire one as they need one. I have had title companies search the wrong parcel of land, fail to search back further than the normal 60 years, and occasionally make minor mistakes. Usually things get worked out, but sometimes it takes much more time. When you are working with Metes and Bounds properties, family members … (0 comments)
land: Unrepresented Parties Buying Lot & Building a New Home - How to Begin
- 03/08/13 08:37 AM
You decided that you don't want to live in town on a 1/4 acre lot with an HOA. So you start driving around looking for lots in surrounding areas. You find a nice 3 acre lot that is almost what you want. You begin to investigate. You call Listing agent from sign. Does it have a well? Does it have a perc site? If so, are you familiar with the different types of perc site? Do you know how much costs can vary from one perc site to another? Will you need a maintenance contract to have your septic system inspected … (0 comments)
land: LOLA - Crucial Information for Loudoun County VA Buyers and Sellers
- 12/20/12 06:51 AM
No, LOLA is not a new acronyn to use in text messages. It actually stands for "Loudoun Online Land Applications", and the information you will find there might be a deciding factor in whether or not you buy that house or parcel of land that you're looking at. Imagine you find this nice 5-10 acre lot which looks like it would be perfect for your new home and horse operation! You look around and see other open spaces with just a few house in sight. You start thinking you'll be moving into a nice quiet farming community! Seller is protected by … (3 comments)
land: Loudoun County VA Zoning- AR1 Can Have More Than One Meaning
- 11/18/12 07:35 AM
The key word is " Density". One project I'm working on is a 53 acre parcel that I'm diving for the owners into 5 lots. The standard definaition of AR-1 zoning in Loudoun County VA means 1 house per 20 acres. Most people think that means that I can only divide the property into 2 lots of 20 and 23 acres, or 21.5 and 21.5, or any combination as long as both lots are 20 or more acres. Personally, I don't like explaining the processes we use to neighbors and others who are just being nosy, but occasionally I explain it … (2 comments)
land: Buying a Farm in Western Loudoun County Virginia
- 11/07/12 12:22 AM
When buying a farm in VA, or anywhere, you need to ask yourself several questions. What do you plan to do on the farm? What is zoning? Will you have crops or livestock? If livstock, what and how many will reside on your farm? How many acres will you need to properly provide for their grazing needs? What kind of fencing does the farm have? How much are you willing to invest in new fencing? Is the an existing barn? Are there sufficient run-in sheds? What is the terrain like? Is the road leading in and out paved or gravel? Is … (2 comments)
I just talked with someone this morning. They had wanted to buy a lot in Pine Grove / Bluemont which is in Western Loudoun maybe 15-20 minutes West of Purcellville VA. They have their plans to build a new home on the lot and had estimate from builder. Total cost for lot, well, septic, and new construction of house, and related items like driveway, power, etc. came to $258,000.00. It's not easy to buy a lot and build in Loudoun county for $258,000.00, but it can be done. So it was hard to believe when their " lender" came back and … (33 comments)
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