What Are the Zoning and/or Deed Restrictions on this Property?
A. Each state, county and town follows different subdivision and zoning regulations. It is very important that you understand what uses are permitted or not permitted on any given property in order for you to decide which parcels meet your requirements for a specific use. A property might meet with all town requirements for a particular use but a deed restriction will not permit that use. Be sure to ask if there are any “deed restrictions” on your desired property. If you intend to build, inquire about building codes. Q. What have comparable properties in the area been selling for? A. A property purchased at above market value will take longer to appreciate than one purchased below market value. If properties of comparable size, terrain and aesthetic appearance have been selling in the same area for slightly more than you are contracting for, you are probably “buying right.” Q. What is “Title Insurance?” A. Title Insurance is a guarantee that in the event of there is an issue with your