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  The Society for Consumer Advocates and Mavens

News You Can Use!

BUYING A HOME OR LAND IN CERTAIN AREAS

If you seek to buy property on the outskirts of town or in an underdeveloped area, do not always expect the developer's salesperson or property owner to volunteer all the necessary information concerning what may be planned by the city or county for the area!

Go directly to the city or county planning and development department and check out how the area is zoned for future use if you do not want some possible unfortunate surprises in the future AFTER you have bought the property.

If you do wait it may be too late to do anything about it especially if the land you bought to build a home on turns out to be right in the middle of a flood zone, proposed busy highway or next to some commercial development or high-rise building plan, all of which may significantly decrease the value of the property!

SUPPLEMENTAL SOURCE: CONSUMER REPORTS MAGAZINE MAY 1996

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