​​Karen Summers Realtor
​​​                             When Results Matter

The Colony Homes Specialist​

[email protected].com​​
Best Wildomar Realtor For Buying and Selling Land
If you own property or are planning to invest in one, Karen Summers is the best Wildomar realtor for buying and selling land.

For those looking for rural charm with the vibrancy of urban living, Wildomar is a great location. Having just been incorporated in 2008, Wildomar is a fast growing community and offers many opportunities for growth.

Raw land is a great investment if conditions are right. With my knowledge in real estate and years of experience in buying and selling land in Murrieta, I give you advice that make the most of your investment.

Why Undeveloped Land?

As an investment, raw land offers several plus factors:

  • No maintenance or renovation costs. The main concern with raw land is its suitability for future development and building.
  • Does not depreciate nor break.
  • Inexpensive to own. If bought at the right price, there would be no mortgage payments to make nor any utility bills. Property insurance and taxes also remain low because of the absence of structures.

Things to Consider

These considerations can make the difference between investment land that will give you the best return on your investment or being stuck with a non-performing asset.  It pays to do your research. As an experienced Wildomar realtor, I can make a huge difference in making the process easier.

As already mentioned above, suitability for future development is the most important thing to consider. These factors determine how land is utilised in the future:

1.  Zoning and Usage Restrictions. Zoning establishes how a property can be used and what codes must be followed when erecting new structures. Usage restrictions define how a particular property may be utilized. It is important to obtain these information to help you decide if a specific property will fit your needs and meet the requirements of your target market.
2.  Topography. The physical characteristics of the land on which your property stands impacts what structure may be built on it and impacts how it can be marketed when you are ready to sell.
3.  Building Setback Requirements. Setbacks may render a property useless if designated setback requirements leave too little an area to build upon.
4.  Easements or Access Roads. If you are considering a property that is surrounded by other private properties and have no direct road access, it is important to have the right to cross or otherwise use someone else's land that will allow access through it to yours.
5.  Utilities Available. If a property lacks these utilities - water, electricity, sewer connection, gas, cable/internet and phone, it would be considered not build-able and would greatly affect its marketability and value.
6.  Presence of Junk, Garbage and Other Contaminants. An ocular inspection of a potential property is always a good idea. It is an expensive undertaking to have land cleared out, so it is best to make sure that the property you are considering has not been used as a dumping ground or a makeshift landfill.
7.  Annual Tax Obligation.  It is also important to ensure that the annual tax is reasonable in proportion to the actual value of the property. A good rule of thumb would be 1%  to  4% of the property’s full market value.

All these factors impact the potential value of your investment property. As an experienced Wildomar realtor, I give you expert advice to help you make your decision. I work with clients to find the property that would suit their needs and budget.

Whether buying or selling, I am knowledgeable in what it takes to maximize return on your investment.  Call me today and let’s chat.