Are you considering purchasing a lot from a developer? Building a dream home is a desire for many of us, and choosing 
the right location is the first step to achieving your dream. How can you make sure you have a lot that will be everything you need?
This is when you need to have a property report. What is some of the information your property report should contain?
Any liens or mortgages that already exist on the property you are considering.
Any issues to do with the soil, which could present a problem when it comes to the construction of the property.
What types of utility charges you can expect to have, as well as those that already exist.
The distance to areas such as recreational facilities, also the distance to the closest communities.
Which type of title the owner can expect and also when they should expect to receive it.
What kind of availability there is for sewer and water services.
These are just some of the things you can expect to find in your property report. Remember, its very important that you thoroughly read this report before you sign any contract. Its also important to know that this is a report prepared by the developers themselves. If you have signed a contract after you have received your property report, then you will have up to seven days to cancel the contract if you need to.
Just remember that when buying a property or lot, always read everything and do your research ahead of time.
