Author: erlstealth

three common forms of land ownership

The Three Common Forms of Land Ownership

By

Understanding the three common forms of land ownership is key to anyone looking to buy, sell, or manage property. Did you know that 67.1% of U.S. land is privately owned, while the remaining 32.9% is public land protected by federal or state governments? Whether land is owned individually, jointly, or through business entities, each form … Continued
sell land for affordable housing projects

Selling Land for Affordable Housing Projects

By

Affordable housing is a pressing issue, with 31.3% of U.S. households considered cost-burdened and spending over 30% of their income on housing. Selling land for affordable housing projects is a meaningful way to address this crisis and help meet the demand for reasonably priced homes. For instance, the U.S. faces a shortage of over 7.1 … Continued
land appraisal waiver

What is a Land Appraisal Waiver

By

A land appraisal waiver can simplify the process of buying a property by allowing buyers to skip the traditional in-person appraisal. This option, often decided by lenders through automated systems, can save buyers between $400 to $700 in upfront costs and significantly shorten closing times. However, not every property or buyer qualifies, as strong credit … Continued
do a lot split

Mastering the Process: How to Do a Lot Split

By

Splitting a property can be a game-changer for landowners looking to maximize their investments. Did you know that a lot split can increase your total property value by 15-40% while the remaining parcel typically loses only 5% of its value on average? Understanding how to do a lot split properly is crucial to achieving these … Continued
sell land with historical or cultural significance

Selling Land with Historical or Cultural Significance

By

Selling land with historical or cultural significance is a unique process filled with both opportunity and responsibility. Lands with historical value are often viewed as open-air museums showcasing events, cultures, and traditions that have shaped our world. Properties in historical districts often command premium prices, thanks to their distinctive charm and the preservation efforts that … Continued
how big is the city lot

How Big is a City Lot? Everything You Need to Know

By

Understanding property dimensions often brings the question, “How big is a city lot?” into focus. City lots vary greatly depending on location, with urban areas typically ranging between 2,000 and 5,000 square feet. Nationally, the average lot size has decreased over time, hitting 13,896 square feet in 2020, a significant drop from previous decades. Factors … Continued
sell land for hunting or fishing

Selling Land for Hunting or Fishing: What You Need to Know

By

Do you know the demand for land tailored for hunting and fishing is rising? Nearly 11.5 million individuals participated in hunting in 2016 alone, spending over $27 billion on their passion, including trips and property investment. Selling land for hunting or fishing is a lucrative opportunity, particularly as more buyers seek remote and resourceful properties … Continued
find the parcel number of my property

Where Can I Find The Parcel Number of My Property?

By

Have you been wondering, “Where can I find the parcel number of my property?” A parcel number is like a property’s fingerprint, uniquely assigned for taxes, transactions, and records. Over 98% of counties in the U.S. use parcel numbers as a primary identifier for property, proving their critical role in real estate. They’re most commonly … Continued
topographical survey

What is a Topographical Survey?

By

A topographical survey is vital for accurately understanding land, as it maps natural and man-made features, including contours, elevations, and boundaries. Did you know 77% of private construction projects depend on topographic surveys to ensure proper planning and development? If you’re wondering, “What is a topographical survey?” it’s a detailed process used to assess the … Continued
get a topographic map of my property

How to Get a Topographic Map of My Property

By

Are you wondering, “How to get a topographic map of my property?” You’re not alone. Topographic maps are essential tools for property owners, offering detailed information about natural features like elevation changes, waterways, and slopes that can influence land use. Did you know that the U.S. Geological Survey (USGS) has created over 54,000 detailed maps, … Continued