land in Florida
You understand the rest. Your neighbor knows the others. Well meaning folks thinking about within their future knows the remainder. And still on a monthly basis someone buys a parcel of Florida land from a web-based auction website or from reading an artfully worded newspaper ad. Willingly, they give off a check mark to an individual they've never met, for any bit of Florida they have not witnessed. You will want to? The Florida market is hot right this moment is it not? If they obtain a title policy they are safe, right?
Land in Texas
Yes, the Florida market is indeed "hot". Florida homes and land sales are increasing at record breaking paces. That said, if you're considering making an offer on the property that is the deal in the century and also you know Florida property prices are climbing through the roof, then there needs to be bells, whistles and crimson colored flags waving and sounding off wildly.
What makes this parcel of Florida land so cheap? There needs to be a reason and you also intend to make a diligent effort to find out why. Contact the area Florida realtor expert. Investigate the area online. Ask questions, a great deal of questions. If you are afraid this is definitely "your ship coming in" so you should act fast or miss it, then please, please, please ensure that your "offer to purchase" provides you with the opportunity to perform a feasibility study, that is allowable. An effective survey, perk test, well analysis, zoning and/or county/city building requirements check are certainly important circumstances to review and consider just before closing. The owner ought to be ready to permit you the time to view these facts. If they are not, don't proceed.
The reality is, some of the Florida land being offered for sale is inaccessible or wet or both. In central Florida alone there are many "paper road" subdivisions (roads which have never been constructed, just appearing on a map or plat) with lots being offered available for sale. Some useless rentals are being bought at its real value and then sold for the unknowing individual with an inflated price, sometimes several 1000s of dollars over its real value.
Therefore the the very next time you see an item of Florida to be had available and called "near the beautiful sunny beaches, billion dollar views, future developed" and the price seems too best to be true.....