These 3 Critical Steps Will Reduce Your Risk Before You Buy A Tear-down Building Lot
We buy many tear-down lots in Arlington, Bethesda, Chevy Chase, Falls Church, McLean and NW.D.C.
We would never put any money at risk on a building lot before we did
these three critical steps outlined for you in this video:
Check out a video of the Macon model we built on this lot
The three most important steps we take before we ever put money at risk when buying a tear-down building lot
#1 – First, we perform a feasibility study, to make sure we understand what we’re building and make sure there’s no issues with the lot.
We want to remove the risk from any purchase we make and understanding what home can be designed and built on the property is the first step in our process.
#2 – Then we design a home plan and price a custom home on the lot.
We may create a variety of different home plans and lay the plans out on a scaled survey.
By doing this, we’re able to determine advantages and disadvantages different home plans have on a particular lot.
We also can calculate how large the remaining yard will be and in order to determine if amenities like swimming pools, outdoor grilling areas and multiple car garages (7-car garage home) will fit on the lot.
#3 – And then we do a comparative market analysis to make sure we understand what the right price to pay for that property would be.
If you want us to do these three critical steps for you to reduce your risk and if you want to get access to our private list of building lots call 301-370-6463
Or Book Call For To Discuss How We Can Help You
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Two secrets to getting
a great deal on a tear-down property are to not compete with other buyers and to pay the lowest price you can for the property (sometimes this is whatever the seller wants, if it’s a great property and we don’t want the property to hit the market and get bid up in price).
That’s how we acquire properties.
And many of these properties can take years to negotiate and ultimately purchase.
Here’s just some of the properties on our private wholesale list:
SEE MAP HERE
