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Updated almost 10 years ago on .

User Stats

54
Posts
3
Votes
Kyle Wells
  • Real Estate Investor
  • Acworth, GA
3
Votes |
54
Posts

Same Purchase Contract or NOT for purchase of lot w/ utilities AFTER teardown and survey done

Kyle Wells
  • Real Estate Investor
  • Acworth, GA
Posted

Thanks for your help. I am putting a strong offer on a lot in an affluent area that has had a building torn down from it . The utilities are still in and the survey has been done. My experience is strictly in acquisition and sale of SFR. I use my State of Georgia Real Estate Purchase and Sale of Real Estate Agreement. What contract should I use being this is simply lot and utilities? My intention is to control the property to allow my architect to create the drawings/plans/proformas for the highest & best use of the emerging neighborhood... Then unload it.

Also - what contingencies and DD should be used considering the tear down, site survey have been done?

Thank you!