Before you close
Seven Things to Establish Before You Buy
Every one of these is cheap during due diligence and expensive afterwards.
The survey, the geotechnical report and what you intend to build. That is enough to tell you what the site work involves.
The seven
All of them answerable during a normal due diligence period.
- Geotechnical borings across the footprint, not a convenient sample.
- The stormwater requirement, and how much land it consumes.
- Available utility capacity, in writing from each utility.
- An environmental assessment on any former commercial use.
- The buildable area after setbacks, easements and retention.
- The full site permitting path and its realistic duration.
- Whether the earthwork balances or needs import.
The two that most often kill a deal
Retention consuming more land than the scheme assumed, and utility capacity that is not there.
Both are answerable in weeks. Both are routinely discovered months after closing, at which point they are entirely the buyer's problem.
Ask us to look
Send the survey and whatever geotechnical information exists and we will give you an honest view of what the site work involves.
It costs nothing and it is a great deal cheaper than a pro forma built on a yield the site cannot deliver.
FAQ
Common questions
- What most often kills a deal?
- Retention consuming more land than assumed, and utility capacity that is not there.
- Can these be checked in due diligence?
- All seven, in weeks.
- Will you review a site before we close?
- Yes. Send the survey and any geotechnical information.
- How many borings?
- Across the footprint, not a convenient sample.
Next step
Find out what is actually wrong with it.
An inspection, photographs of what we found, and a written scope. If the honest answer is that it can wait another season, that is the answer you will get.
