Land purchase question - The HuntingPA.com Outdoor Community
Reply
 
LinkBack Thread Tools
post #1 of 20 (permalink) Old 11-21-2014, 10:24 PM Thread Starter
Frequent Contributor
 
ADKtrapper's Avatar
 
Join Date: Dec 2005
Location: PA
Posts: 755
Back To Top
Land purchase question

Has anyone purchased a piece of land (no structures) without using a realtor? If so, can you provide some insight? I'm very close to making a purchase of a 2.83 acre piece. Do I need to hire a lawyer? What about title search - can I do that online? If I purchase it is it like buying a car - parties involved sign the deed in front of a notary?

A promise made is a debt unpaid.
ADKtrapper is offline  
Sponsored Links
Advertisement
 
post #2 of 20 (permalink) Old 11-21-2014, 10:38 PM
Sage
 
Join Date: Jan 2011
Location: Philly, PA
Posts: 39,038
Back To Top
Re: Land purchase question

I've never done it but I would definitely hire a good real estate lawyer. I'd also have a title search company do the search. Not like buying a car. You don't want anything to come back to bite you after you make the purchase.

What about OGM's? Timber rights? They should also be considered. There are probably other things to consider also. Hire a lawyer.

Itís funny until somebody gets hurt, then itís hilarious
dc 21 is offline  
post #3 of 20 (permalink) Old 11-21-2014, 10:45 PM
Sage
 
Join Date: Jan 2011
Location: Philly, PA
Posts: 39,038
Back To Top
Re: Land purchase question

Here are a few things to consider..

Documents to check before buying a plot

There are various documents and certificates that need to be verified before purchasing a plot of land. One also must find out if the land is not agricultural as a non-farmer can not buy such land without permission from the district collector. Find out the below listed documents that must be verified before buying a plot of land.

7/12 Document: This document contains the most basic information including name of the owner, land area and other such information (title deed). This document should be in conjunction with 6/12 document which states how the land has changed hands.

Encumbrance Certificate: This certificate ensures that the land is not involved in any legal dispute. You can ask for a encumbrance certificate that goes back till 30 years to be 100% sure of any past legal disputes.

Release Certificate: The land may have been pledged to take a loan. So, you must ask for release certificate from the bank to ensure that no amount is due. If land is owned by more than one person, ask for a release certificate from each of the person involved.

Tax Receipt and Bills: You must check with the concerned municipality to verify all the taxes and bills have been paid till date and inspect the latest tax paid receipts.

Itís funny until somebody gets hurt, then itís hilarious
dc 21 is offline  
Sponsored Links
Advertisement
 
post #4 of 20 (permalink) Old 11-21-2014, 10:54 PM Thread Starter
Frequent Contributor
 
ADKtrapper's Avatar
 
Join Date: Dec 2005
Location: PA
Posts: 755
Back To Top
Re: Land purchase question

Sounds like I should get a lawyer involved.

A promise made is a debt unpaid.
ADKtrapper is offline  
post #5 of 20 (permalink) Old 11-21-2014, 11:16 PM
Sage
 
Join Date: Feb 2002
Location: Townsend, DE
Posts: 52,307
Back To Top
Re: Land purchase question

I would get a lawyer, don't need a realtor, but get an attorney
RonM is offline  
post #6 of 20 (permalink) Old 11-21-2014, 11:28 PM
Hooked on HuntingPa
 
Join Date: Dec 2008
Location: lookin 4 horns
Posts: 487
Back To Top
Re: Land purchase question

I bought 20 acres this year, no lawyer. Just hired a title search company and they took care of everything


Remington 700
mission mxb320
lipcurl is offline  
post #7 of 20 (permalink) Old 11-22-2014, 10:30 AM
Regular Member
 
Join Date: Aug 2002
Posts: 1,526
Back To Top
Re: Land purchase question

You need a lawyer to make sure you are protected. You should also obtain an owner's policy of title insurance in the amount of the purchase price. The attorney can handle all of that.
Doubledog is offline  
post #8 of 20 (permalink) Old 11-22-2014, 04:19 PM
Diehard Outdoorsman
 
Join Date: Apr 2005
Location: Northern PA
Posts: 2,529
Back To Top
Re: Land purchase question

I have bought 2 parcels by negotiating the deal myself with the seller(s) for a total of 265 acres. I used a lawyer in both cases to finalize the transaction.

I miss my hunting partner
HomeintheWoods is offline  
post #9 of 20 (permalink) Old 11-22-2014, 05:19 PM
Diehard Outdoorsman
 
Wald Jager's Avatar
 
Join Date: Aug 2011
Location: 3C Camp-New 5D Home
Posts: 3,623
Back To Top
Re: Land purchase question

There are various documents and certificates that need to be verified before purchasing a plot of land. One also must find out if the land is not agricultural as a non-farmer can not buy such land without permission from the district collector. Find out the below listed documents that must be verified before buying a plot of land.
-------------------------------------------------------------------------------------------------------------------------------------------------------------------

dc 21,Would you mind explaining the above statement about permission to buy land? Im not a farmer and have bought what was part of a farm and never heard of such a thing. And what is a district collector?

"Lazy people think of the easy way to do the hard stuff"
Wald Jager is offline  
post #10 of 20 (permalink) Old 11-22-2014, 05:37 PM
Sage
 
Join Date: Jan 2011
Location: Philly, PA
Posts: 39,038
Back To Top
Re: Land purchase question

Wald, that's just something I copied from a website. I entered, "Things to know about buying land" and that came up.

Itís funny until somebody gets hurt, then itís hilarious
dc 21 is offline  
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the The HuntingPA.com Outdoor Community forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in










Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome