Are you in the process of buying vacant land or a land locked piece of property? If you are, something to consider when deciding to purchase a property is the access.
Here are some helpful questions to ask:
- If the property does not border an access road, how will you access the parcel?
- Do you need to cross somebody else’s property?
- Is there an easement in place currently or is a neighbor willing to grant one at the time of closing?
- If there is not, is this a concern of yours or your lender?
- In the future, if you do sell: how will other potential buyers think about this and how could this affect the value of your property?
Addressing these questions on the front end can make your life much easier and save you time, money and frustration.
When working with and choosing your trusted real estate professional, I would suggest looking to them to be a guide that will help you make informed decisions with regards to your real estate purchases.
Check out this article about easements:
https://www.trulia.com/guides/easements-property-rights/
Another great source of information can be your local title companies. They consistently work with buyers and sellers who need to address these items prior to closing.
Here are 2 great title companies in Escanaba:
Bay Title & Abstract
905 N Lincoln Rd
Escanaba, MI 49829
(906) 233-9000
Delta Title & Abstract
201 Ludington St
Escanaba, MI 49829
(906) 786-3582
https://www.deltaabstract.com/
If you have questions about the home buying or selling process in the Upper Peninsula of Michigan, feel free to contact me. Whether your purchase or sale of a property is in the near future or further down the road, I’m here to help you on your real estate journey. My name is Rick Curtis and I am an Associate Broker with Key Realty Delta County in Escanaba, MI. Call/Text (906) 280-6118 or email Rick@KeyRealtyUP.com
Upper Peninsula Homes 