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Real Estate Tips
Buying Land and New Construction >Buying Property to Build

The ideal piece of land cannot be purchased without due diligence. Say you notice a lot for sale in a suburban area that looks like a perfect place to build your dream home. Buying undeveloped land can provide an opportunity to build a house that will meet your needs, but you will need certain information before you sign on the dotted line.

Most suburban areas have zoning regulations which govern the type of structure that can be erected, the dimensions, and even the material used on the exterior. Historic preservation groups work with builders in many areas to ensure that any new construction fits in with the existing buildings. If you want to build out of the city limits, check the availability of public utility services and the cost of bringing those services to the site. Local planning and zoning boards can provide you with information about proposed development that could change your quiet country lane into a busy street.

It is a good idea to consult an architect and a zoning expert to confirm that your vision will work on the property you have selected.

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Real Estate Trivia
Q 
What does "contingency" mean in real estate?

A 
A contingency is a specified event that must take place before a home purchase contract is binding; for example, a sale can be said to be "contingent upon the sale of the buyer's current residence."
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Terry Sprague, REALTOR®, real estate agent and broker for Lake Oswego, West Linn, Portland and Sherwood, Oregon home listings, property and land for sale - NUMBER1EXPERT(tm)

Terry Sprague Broker
Sotheby's International Realty

Servicing Clients in the Portland Metro Area
Portland Lake Oswego Luxury Homes and Real Estate
Representing Buyers and Sellers
Terry Sprague Cell: 503-459-3987
Fax: 503.387.5315
Terry Sprague: terry.sprague@sothebysrealty.com

Cushman & Tebbs Sotheby’s International Real Estate introduces The Terry Spragu Group, welcome you to Oregon and to our website, the premier online resource for Lake Oswego and Portland Metro Oregon Luxury estate and properties of distinction throughout the state. If you're contemplating making a real estate investment in Oregon, or if you require assistance in finding the right buyer for your luxury home, we stand ready to provide you with concierge-level service. We specialize in representing prestigious properties, from lifestyle homes in Lake Oswego to luxurious West Linn Oregon realty and Oregon Coast Ocean front homes along the state's spectacular 363-mile coastline. We also have extensive experience with and expertise in new developments and properties throughout the Greater Portland area, including Sherwood Oregon homes and Wilsonville Oregon real estate Portland Oregon, with its sheer natural beauty, diversity, and outstanding quality of life, offers unparalleled real estate and lifestyle options. Terry’s goal is to ensure that you make the best and right choices, whether buying or selling real estate in this exceptional region. As Brokers for Cushman & Tebbs | Sotheby's International Realty, we provide our clients with an international network of resources and access to highly qualified buyers from across the globe. When it comes to the quality of our service, we never compromise. We aim to exceed your expectations, not just meet them. For more information on our services and on real estate in the Greater Portland area and beyond, please browse through our site, and our home site www.212International.com and www.TheTerrySpraguGroup.com

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