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I'm desperate to buy a land and the only place I could buy it so cheap is on ebay. Is it save and legit?

2007-08-21 23:10:26 · 4 answers · asked by tinytigerrr 2 in Business & Finance Renting & Real Estate

4 answers

It is legitimate, but you'd best be better informed about the types of titles you're buying. The difference between clear title and 'quit claims' for instance.

If at all possible, visit the property yourself before buying. There's a reason a property will be going for a low price.
You don't want to later discover you've bought "seasonal waterfront" property (a term I coined recently to mean flood prone land. )
Land sold in the Big Bend country in Texas, for instance, probably doesn't have any survey markers on it. People have bought land there, but couldn't find where it was once they got there.

And in all probability the whole parcel doesn't have enough water on it (hurricanes notwithstanding) to supply a household with domestic water. Which makes the land unusable.

There are some bargains to be had, but be very cautious.
Inexpensive property or housing isn't much use to you if you can't make a living in some location.

2007-08-21 23:32:06 · answer #1 · answered by chris g 5 · 0 0

EBay in general is pretty safe. If you use paypal they have that buyers protection. I think if you got ripped off paypal would refund your money. Also maybe you should go and look at the property before you buy it.

I have ordered quite a few things on EBay, nothing that big but, I don't have any complaints about anything that I bought. I am sure that buying land on there isn't any different from buying anything else.

2007-08-21 23:19:34 · answer #2 · answered by Mom22 5 · 0 0

You've heard the saying that in RE the three most important things are location, location, and location. Make sure you look at the location before you buy. Also get title insurance before you buy, so that you know about any legal problems. Check the zoning at the city, village, or town hall. Find out about planned changes by the local or state government. At the public library, check back copies of the local newspaper to see if a new city dump, or other unpleasant thing is happening in the neighborhood.

2007-08-21 23:32:44 · answer #3 · answered by Bibs 7 · 0 0

flow there. there have been many Florida land booms. There must be lots from the 1920's, bought and held by using individuals who only carry on because of the fact grandpa suggested to. do a sprint analysis in guy or woman and you will hit upon a wierd vacant lot that the owner needs to sell. according to danger use aerial photos to discover gaps in suburbs that appear as if a lacking the enamel between the homes.

2016-12-12 09:20:57 · answer #4 · answered by ? 4 · 0 0

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