Posted on: 10 August 2016
Buying a home lot is a good investment for many buyers. If you plan to build a home yourself, or if you plan to invest in a modular home to put down on your land, you will first need a lot. Securing lots is often less expensive than securing a home, plus you get the option to sit down a home in a good neighborhood. If you have an empty home lot that is still waiting for a home to be placed on it, there is still work to be done on the lot before the home arrives to protect the property. Here are three things you need to do to protect your home lot.
Set up "no trespassing" signs
Often, if a lot is empty it will attract people who are loitering or trying to take a shortcut through the neighborhood. This is often harmless, such as children and teens walking through their neighborhood, but there is still a chance that they can leave trash or tread a walking path through your lot that will have to repair later on. Put private property signs to let everyone know that the lot is owned. If you continuously have a problem with people loitering on the lot, you may consider putting up cameras to catch them.
Put up an inexpensive fence
The type of fence that you put around your lot should be a chain link or otherwise inexpensive fence, but only one will be needed. You want a fence up prior to beginning the laying of the foundation on your lot. The fence will protect the construction that is going on inside and make sure that the lot is closed off to the public after hours. You want to make sure that no one from the public gets hurt on your construction site, as this can be a liability.
Drive by often
One of the things that you want to do to protect your lot is to drive by often. Even if the lot is on the other side of town, you need to make an effort to go by on a weekly basis. One of the things that could go wrong is a neighbor builds an addition that extends onto your lot. This will need to be repaired immediately as allowing it could mean that you voluntarily lose that home lot space in the future. Keeping an eye on the ongoings of your lot and the neighborhood will allow you to repair any issues or make changes before putting your home down on the lot.
Contact a real estate agent for more information about lots for sale.Share