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All agents are NOT alike! Find out why I am a top real estate expert. Call me: 804-307-0927.

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Martha is honest with excellent skills.
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Martha is honest with excellent skills.
I was absolutely shocked. Martha walked me through every step on the way.

Carol Greer, Midlothian
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Real Estate Tips
Buying Land and New Construction >How Easements Affect Your Land

It is extremely important to discover whether there are easements on undeveloped land you are thinking about buying. An easement is the legal right to use another person's land for a specific, acknowledged purpose. Easements can significantly affect your development and use of the property.

A typical easement might permit the use of a dirt fire road that cuts through both the neighbor's property and your land. The road provides access to both properties, and your neighbor has to drive through yours to get to his. The house you build has to be situated ten to fifteen feet away from this access road. If the road cuts through the middle of the lot, you might have difficulty finding room for the house you want to build.

Consult with your real estate agent, an attorney or a title researcher for accurate information about the easements. When making an offer on undeveloped land with an easement issue, be sure to include a contingency that you must approve of any existing easements, or the offer is null and void.

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Real Estate Trivia
Q 
What is considered one of the few remaining tax shelters in the 1990s?

A 
Homeownership--property taxes on a residence or vacation home are deductible up to $1 million.
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Martha Clampitt, REALTOR®, real estate agent and broker for Powhatan County, Chesterfield County and Goochland County, Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Martha Clampitt
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8 N. Belmont Avenue
Richmond, VA 23221
Cell: 804-307-0927
Fax: 888-263-8519
Martha@RefineProperties.com

I help distressed property owners sell their home and avoid a foreclosure. I help buyers purchase homes at discounted prices so they will immediately have equity.

ABR ePro Equal Housing GRI MLS REALTOR


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