Tips for Buying Land

By mati. Filed in Tips for Buying Land  |  
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After dreaming about building a monolithic dome for a while, and playing with the layout and design on paper, it is time to look for a good piece of land. The first thing to decide is what price range you want to look in. Be realistic! I know too many people who fall in love with a gorgeous piece of land, and they want it so much that nothing can stop them from buying it, even though they can’t really afford it. This is mistake number one!

Solution: Decide how much you can afford and stick with it, no matter what. If you don’t, you might end up with a killer piece of land that you can live on – in your tent! Or, in an unfinished house…

Running out of money in the middle of a project is a total bummer and a huge source of stress. Or, if you think you can just refinance if you run out of money, think again! Two things can happen if you consider refinancing midways – either the bank turns you down, which means you’ll have to live in an unfinished house, or they accept your application and you end up with higher monthly payments than what you were prepared to pay.

The whole point of owning your own house is to have a safe place to be that gives you peace of body and mind. So, just eliminate future stress by realistic budgeting. Decide how much you can afford to spend on the land, and still afford to finish your future house, and then stick to it! Don’t even look at land you can’t afford, because if you do, you’ll never be happy. Just look in your price range until you find something you like, and then, buy it and be happy with what you got. You can always make it more gorgeous over time by adding creating landscaping, walls and hedges.
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