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Nancy Chadwick - EzineArticles.com Expert Author  

Nancy Chadwick, President and Broker of Chadwick Real Estate Inc., has been specializing in land for over 20 years after a "ground-breaking" career in the legal profession as a paralegal. Her land development expertise is displayed in a variety of ways: providing consulting and brokerage services to builders, developers and consumers; teaching state-of-the-art courses on land development, due diligence and site suitability; and writing books and articles to help others have a better understanding ... [More]

[View Nancy Chadwick's Extended Author Bio]

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  • Buying a Building Lot for Your New Home: Phase 1 Costs
    [Real-Estate:Land] Are you thinking about buying a piece of ground somewhere and having somebody build you a home? If you have many more questions than answers, or maybe don't even know the questions you should be asking, then you'll find this article right on point.


  • Using Open Space To Increase Land Development Values
    [Real-Estate:Land] It doesn't always make economic sense to carve a land parcel into the maximum number of pieces. In fact, when it comes to adding value through a residential subdivision, sometimes "less is more."


  • Developing Land Without Subdividing
    [Real-Estate:Land] Splitting a parcel into two or more parts may be one way you can accomplish your objectives. If you have some imagination and are willing to do some homework, however, you may be able to uncover opportunities for real estate development that aren't so obvious.


  • Land Development VS House Sales - Key Differences
    [Real-Estate:Land] If you've ever bought or sold a home, then you have a foundation on which to build an understanding of how land development deals are different. This basic knowledge will help you be more successful when you're buying or selling development real estate.


  • Choosing a Building Lot for Your Home - Preserving Value
    [Real-Estate:Land] If you're buying a building lot and hiring someone to build you a new home, stay focused on the big picture - the overall, ultimate value of your property. The bottom line you'll want to remember is that the whole may not necessarily be equal to the sum of its parts.


  • Land Development Values - Buying As is v Contingent
    [Real-Estate:Land] "No guts, no glory" is equally true for buyers and sellers in land development deals. If you can quantify the risk and be comfortable with it, you can reap substantial rewards.


  • Increase or Decrease in Land Values?
    [Real-Estate:Land] Don't buy that parcel of land based on the assumption that land always appreciates in value because "they're not making any more of it." You could be in for a big surprise.


  • Identifying Buyers for Residential Land Developments
    [Real-Estate:Land] In a sense, the most important work you'll ever do as a seller of land for development takes place way before you put the property up for sale and begin to market it. Before you can sell your land, you first need to determine who is the likeliest buyer for it. Here are some tips on how to identify the building organizations who may be your best buyer prospects.


  • Land Development Values - Checklist for Preliminary Due Diligence
    [Real-Estate:Land] Several categories of information about a parcel can help you determine fairly quickly if it is worthy of serious consideration. Learn what issues should be on your preliminary checklist and how to gather information effectively and efficiently.


  • Land Development Values - Identifying Serious Sellers
    [Real-Estate:Land] Not everybody who puts their land parcels on the market is a real seller. Learn how to separate the real sellers from the rest of the pack.


  • Red Flag Land Developments - Restrictive Covenants, Notes & Conditions
    [Real-Estate:Land] The expression that you should be careful what you wish for because you might just get it applies to the real estate development business. How can you wind up getting a whole lot more (and a great deal less) than what you really wanted? The answer is simple: by getting involved with a parcel that has "hidden" restrictions attached to it.


  • Red Flag Land Developments - Noxious Neighbors
    [Real-Estate:Land] Frequently, what you think is real is nothing more than an illusion. Not all neighboring property uses that diminish the value of the real estate development you want to do are obvious. Learn ways to find out what's really going on with properties near the parcel you want to develop.


  • Red Flag Land Developments - Physical Limitations
    [Real-Estate:Land] Potential land developments are "red flags" when there's some fact or condition that should make you stop dead in your tracks because the property probably cannot be developed at a profit. You may not even be able to solve the problem caused by a parcel's physical characteristics or if there is a solution, it may be just too expensive.


  • Land Development Values - Rules of Thumb
    [Real-Estate:Land] Land buyers can't have their engineers running around creating sketch plans and estimating improvement costs for every parcel they're looking at and they don't want to waste time running lots of pro formas. So they develop rules of thumb they've tested and validated over time to approximate key factors of the land development deal and preliminarily determine if the property is worth more analysis.


  • Land Development Values - Finding Quality Locations
    [Real-Estate:Land] In the land development business, a quality location is essential. But like beauty, it is subjective. So what are good and bad locations? You'll find some examples here.


  • Land Development Values - Intended Use
    [Real-Estate:Land] When it comes to analyzing the feasibility (profitability) of land developments, you should start with "R" for Reality. Identifying the reality will help you define uses that are possible, probable or "not a snowball's chance."


  • Analyzing Land Development Value - Part 1
    [Real-Estate:Land] If you're interested in buying land, you should understand how builders and developers analyze the feasibility of a proposed land development. Get started by exploring the concept of site yield.


  • Telltale Signs of Land Buyers Who Aren't Real
    [Real-Estate:Land] People who say they want to buy your development land may not be buyers at all. The good news for you is that their offers can provide clues. But you have to know what to look for.


  • Price Plus Terms Equals Land Development Contract
    [Real-Estate:Land] All land development offers aren't created equal, even if the offer price is the same. If you're going to buy or sell real estate for development, you should understand how and why terms and conditions can impact the deal.


  • Due Diligence for Real Estate Investing - An Overview
    [Real-Estate:Land] One of the biggest differences between buying a house and buying real estate for development is that most of what the land investor needs to know about the parcel is not visible or apparent. Consequently, due diligence (or investigation) becomes extremely important in evaluating the potential land development deal. Here are some tips to help you with your research.


  • Ways To Get a Building Lot For Your Home
    [Real-Estate:Land] If you've read my previous article ("Should You Buy a Lot To Build Your Home?"), then you're ready for some encouragement. So here's how to get that lot without having to spend tons of money.


  • Should You Buy A Lot To Build Your Home?
    [Real-Estate:Land] Do you think it's less expensive to buy a lot and have your home built than buying an existing or new home? The answers might surprise you, but there is a way to get what you want.


  • Investing in Land for Development: Cardinal Rules
    [Real-Estate:Land] Builders and land developers are investors. They're guided by a couple of basic principles when they make their buying decisions. Learn what they are.


  • Finding Opportunities for Real Estate Development
    [Real-Estate:Land] Properties with development potential are all around you. You don't have to be a builder to find them, and you don't have to be a builder to develop them.


  • Positioning Your Land for Sale
    [Real-Estate:Land] You cannot successfully market land for sale by owner unless you understand how builders analyze potential land deals. With this knowledge, you will be able to position your land parcel as a prime candidate for purchase.


  • Finding Land for Development
    [Real-Estate:Land] Have you been looking for land in all the wrong places? Are your real estate investing plans stalled? You don't have to be frustrated. Here are some tips that will help you find your target properties.


  • Some Controls on Developing Property
    [Real-Estate:Land] Don't you believe that a man's home is his castle. It's just a metaphorical expression and not a statement of fact. Restrictions to developing a property can come from some surprising sources.


  • Evaluating and Negotiating Development Property Offers
    [Real-Estate:Land] There's a lot more to purchase offers on land and development property than just price. If you get blinded by dollars being waived in your face by a potential buyer and fail to pay attention to the details of the proposed deal, you could wind up taking an offer that is not the best one.


  • The Dangers of Overpricing Land
    [Real-Estate:Land] Some land owners never get a purchase contract or have to wait a long time to find a buyer. Unfortunately, many of those who wait it out and finally receive an offer are surprised to find out that the offer is for much less than they thought they would get for their development properties.


  • Why You Need a Real Estate Attorney When Selling Land for Development
    [Real-Estate:Land] If you're thinking about selling land for development, should you have legal representation? The answer is a resounding "yes." Learn why and how you can find the right attorney.


  • Does the Parcel Have Development Potential?
    [Real-Estate:Land] Virtually every property has potential for development. What factors should you take into account if you're thinking about buying land for investment?




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