Even More Things...(I wish I knew when buying raw land)

0:00 Back to the ADK
0:11:30 Intro
0:59:00 TIP ONE: Get Owners Title Insurance
02:48:00 TIP TWO: Know your Codes
04:22:30 TIP THREE: Find the right People

In this video I discuss how to make sure that once you buy your dream property, you are able to avoid legal and building issues down the road. I want to categorically state this - I am not a real estate agent, a professional builder or a lawyer, these are just some of the things I had to learn when purchasing my Adirondack property.
I cover Title Insurance and why you should get an owners title insurance policy, how to streamline the permitting and building process and the one piece of advice that can make the whole process of searching for, finding and developing a piece of raw land much easier and more rewarding.

TITLE INSURANCE
Title insurance is a form of indemnity insurance that protects lenders and homebuyers from financial loss sustained from defects in a title to a property. The most common type of title insurance is lender’s title insurance, which the borrower purchases to protect the lender. In this video I discuss owner’s title insurance, which can sometimes be paid for by the seller to protect the buyer’s equity in the property. Some good resources regarding title insurance can be found in the links below

PERMITTING

Building codes vary by state - Google "Your_State_ Name state building codes" to get an initial idea of what is required in your state and local area

You can also use the following links to search by state, then use the descriptions returned to google more detailed building code information - always check with local code enforcement regarding permitting requirements and to verify your building plans: