Many people associate Florida with sandy beaches and resorts, but the Central Florida we know consists of wide open fields, pine forests, and gorgeous lakes. There are hundreds of thousands of acres of beautiful land for sale across the Central region of the state. It’s an absolute paradise with endless opportunities for those who enjoy the great outdoors and have big dreams of bringing their passions and hobbies to life.
Investing in Central Florida land makes sense from both a recreational and investment standpoint. As a highly valuable appreciating asset, it’s a vehicle for building generational wealth. There is also ample opportunity to spend most of the year outdoors doing the activities you love.
Property transactions can be confusing, and first-time buyers usually don’t know what to expect. Most of your typical real estate agencies don’t have a significant amount of experience when it comes to buying and selling land. However, here at Palmetto Realty, we specifically specialize in land transactions. We’re a unique Central Florida real estate agency that has helped many clients across the region acquire land, and we can help you too. Here are some of the ways we help clients navigate the complicated world of property transactions.
1. Choosing the Right Lot
Evaluating land and identifying a property’s best traits is a bit different than your typical home shopping process. Choosing the right lot ultimately comes down to your intended use. Do you plan to build a home? Do you want to create your own hunting land? Raise cattle? Once you’ve determined how you want to use your land, Palmetto Realty can help you find the right amount of acreage in the right location. We can also involve third party contractors who can survey the land and ensure it’s able to support your plans.
2. Understanding Restrictions
Zoning, easements, and other land restrictions can make land transactions difficult. Not only do you need to understand if there are any policies that limit the way you use the land, but you also must be familiar with county-level and municipality level codes. You don’t want to end-up purchasing land only to find out later you can’t build a home or use it for a specific type of business.
It’s also important to know what you’re buying. Not all land parcels include a full bundle of rights. Mineral, air, water, and timber rights can all be sold separately.
3. Negotiate a Deal
Property transactions involve a significant amount of negotiations, and Palmetto Realty can help you land a deal that works for you. Similar to making an offer on a home, a land offer also involves an offer price, a closing date, contingencies, and inspections — all of which can be negotiated. To ensure you’re getting the best possible deal and protecting your investment, it’s wise to have an expert in your corner.
4. Navigate the Closing Process
Closing on a property is complicated and involves loads of paperwork. You’ll need to engage with the title company and lender (if financing the purchase). Palmetto Realty can help ensure you know what you’re signing and help you avoid any costly pitfalls.
You don’t want to trust an ordinary real estate agency to support your land transaction, choose one that specializes in property transactions. Whether it’s recreational land or a site for your new home or business, Palmetto Realty can help you find the perfect land lot today.