What Do I Need To Buy Land Apr 2026

: If city sewer isn't available, you must pass a percolation (perc) test to ensure the soil can support a septic system.

The "Iceberg of Land Ownership" is an engaging way to visualize land buying. While the is the visible tip, the vast majority of requirements and costs—such as zoning, utilities, and soil health—lurk beneath the surface. 1. The Visible Tip: Financial Fundamentals what do i need to buy land

: Lenders often require 20% to 50% down because raw land is seen as a higher risk. : If city sewer isn't available, you must

: You’ll need to verify if you can tap into a municipal line or if you must drill a well (check local well logs for depth and GPM output). : Expect rates to be higher than residential

: Expect rates to be higher than residential loans, with shorter repayment terms (often 5–15 years).