Buying land is far different from buying a home. Getting a mortgage for land is different, as is budgeting for a land purchase. If you're a home buyer who hopes to purchase an empty piece of land and then build a home on it, here's what you need to know about the process.
Know What You Want
Before a Williamstown home buyer can purchase land to build a home, the buyer must first know what they want. Yard size, location, land features, water features, proximity to nearest neighbours and proximity to businesses are all factors that buyers must consider when trying to purchase a lot.
Writing a list of…