We’ve been land buyers in Arizona for quite a while. Our team has an extensive background in real estate so we’ve seen a thing or two when it comes to navigating our local market. One big change: technology has made buying land outside of your immediate area so much easier! The internet has changed the game of long-distance real estate transactions, and savvy land buyers are no longer limited to local real estate deals. In this post, we share 5 Things Out of State Land Buyers Should Know About Arizona.
1) Location
This is the very first thing out-of-state land buyers should consider when purchasing real estate in Arizona. Over and above the other features of Arizona land that will prove to make buying a good investment is the actual location. While a piece of land may seem appealing in the short term, the long term outlook for the area can significantly increase or decrease your investment value. For this reason, given the specific use for your land, you will want to review overall growth plans in areas such as public parks and schools. Southwest Land Deals works hard to provide great maps, photos, and information to help out of state land buyers know all about the location of each piece of vacant land. And if you still have questions, we’re happy to find those answers for you.
2) Features
The physical features of Arizona land that out-of-state land buyers should consider are the land’s size, shape, and environmental conditions. This evaluation should include the size of the lot and the actual shape formed by the boundaries, ensuring the property will be of use for your intended purpose. Additionally, it is vitally essential to understand the topography of the land. For example, if the tract of land happens to be on the side of a steep mountain, it may not be suitable for future builds. Likewise, there may be an odd angle that prevents the footprint of your dream home from meeting your needs. Another reason to do your homework well is that seeing is not always believing. For instance, land that may appear beautiful and dry to you now could be in an area known for flooding during specific seasons of the year.
3) Access
Out-of-state land buyers also need to make sure they have access to reach the land. While it may be difficult to believe, there are landlocked pieces of real estate. In other words, access may only be gained by entry through another person’s property. You could find yourself in a contentious situation. Very commonly, these legal issues require payment for the right to access your land. This crucial detail is not something to be overlooked as you seek out the perfect piece of property. Frequently, these parcels are offered at a fantastic bargain, and may the buyer beware. Remember, access must also be available for modern life conveniences, such as water, power, and internet services.
4) Neighbors
Now, this one can be a little tricky for out-of-state land buyers. Good neighbors can make all the difference in the enjoyment of your investment, no matter what your end purpose for the land may be. Without the right neighbors, dwelling on the land or making use of it for income purposes can quite literally become a nightmare. An illustration of this would be purchasing land for outdoor activities such as running a campground, only to learn that your neighbor is a recycling plant for waste materials. But not worry. Most of the property we offer sits in more off-the-grid locations so neighbors are typically few and far between.
5) Zoning
Finally, out-of-state land buyers will need to know all about the local zoning guidelines when looking at Arizona property. Depending on your plans for the land, you’ll want to make sure you do your homework on local ordinances. Carefully preplanning your desired use and doing your research will guide you to the right type of property. Keep in mind environmental concerns such as protected species that may prevent building on the land as well. By careful investigation and a keen awareness of nearby zoning and upcoming plans for the area, you can avoid confrontations and legal expenses faced by less-informed investors.