due diligence for a land for 4 SFR

[Ben Grubner]

Hi Everyone,

Can anyone provide insights on the typical expenses involved in conducting due diligence for a land I've recently placed under contract? I'd like to understand the budget needed to assess the property thoroughly.

[Chris Seveney]

Quote from @Ben Grubner:

Hi Everyone,

Can anyone provide insights on the typical expenses involved in conducting due diligence for a land I've recently placed under contract? I'd like to understand the budget needed to assess the property thoroughly.

 It depends. Is it on septic or sewer? Septic you will want to be able to confirm you can get it to perc. If its private water same thing want to confirm you can get water. If you need zoning help that will be a land use attorney as well. It could be zero to $10k depending on the complexity of the property.