Real Estate - Buyer Considerations

Before committing to the purchase of a house, buyers should conduct a thorough investigation of the property. Below are several items which buyers should consider in their investigation.

Zoning and Building Code Requirements. - Determine whether the house and adjoining properties are located in a residential zone. Adjoining properties could be located in commercial, industrial, or multiple-family residential zones that could allow undesirable development. Prospective buyers who are buying land to construct a new house should understand the zoning and building code requirements that could affect construction prior to purchasing a building lot.

Water and Sewer. - Determine whether the house is served by city water and sewer lines. If a well will be the water source, the contract should require having the water quality tested. If the property is served by a septic system instead of public sewer lines, inspection of the soil conditions and the operation of the septic system should be required by the contract.

Toxic Waste. - If the property is located near any facilities which could possibly be a source of toxic pollution, then a more thorough investigation by an environmental inspector is warranted.

City Plans. - Speak with the appropriate city office and review any use maps on file.