Purchasing property is a major investment for anyone. Whether it's buy a home or business or an empty lot it's important to not only look at the structure and price but other factors as well. Knowing the natural or man-made features on a property and your responsibilities with those features is as important as how many bedrooms are in the house.
For example; what can or can't be done if there is an easement on the property? What will my insurance premiums be if the property is in the floodplain? Are there wet soils on the property which could cause flooding in the basement? These are all items that should be researched prior to purchasing a property.
Use these helpful tools to begin that research.