Buying land can be a complex process, and avoiding common mistakes is key to a successful investment. One major error is failing to conduct a proper land search. Always verify the land’s title and ownership with a legal professional. Another mistake is buying from an unreliable source or an unregistered developer, which can lead to scams and legal disputes. Also, don’t overlook the importance of visiting the property in person to check for any physical issues, such as poor soil quality or proximity to flood zones. Lastly, neglecting to budget for additional costs like survey fees, legal fees, and title registration can lead to financial strain.
