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Buying Land

As the real estate market heats up, investors and home buyers alike turn their attention to parcels of land. Whether you’re looking for a parcel of land to develop as a home or commercial real estate site, you’ll discover hundreds of parcels of land, nationwide, on half value. Remember location, location, location.

     
 

 

 

   

 

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The following are common questions that should be carefully considered in any real estate land purchase. We recommend that you contact sellers before bidding to answer any questions you might have.

  • Price
    • Am I bidding on the full price of the parcel or am I bidding on a down payment?
  • Title
    • Is the title clear? (Free of liens, easements, and other encumbrances)
    • Can I get title insurance at my own expense? (eBay has teamed with First American Title Company to offer title insurance to eBay users.)
    • What are the easements on the property?
    • Are there CCRs, or covenants, codes and restrictions, on the property?
    • What type of deed will I be getting?
    • Am I bidding on an "undivided interest?" Undivided interests are not permitted on eBay. Please report to safeharbor@ebay.com
  • Zoning
    • What are the permitted and non-permitted uses?
    • What types of structures are permitted? Mobile homes?
    • Can the property be subdivided?
  • Access
    • Is there deeded access?
    • Is it landlocked?
  • Utilities: Are utility and other municipal services hookups readily available? (Power, water, sewer)
  • Other
    • Can I see a copy of the plat map?
    • Is the property in a flood zone? Is there a homeowner's association?