Creating financial models and testing various planning options;
Review of surrounding towns and adjacent developments;
Phase I environmental study;
Physical property inspections;
Meetings with architects and planners at the local planning department;
Development of a land management plan for grazing and forest health management;
Geological survey;
Review of market conditions and comparable sales, meetings with local brokers.
These investigations can easily run to $50,000 or more and often inform a decision to drop a project. Thus we carefully pick the properties we put in contract and work hard at resolving any issues that develop. We remain in close contact with the seller or his representative, so that as our plans evolve and problems surface, they are well-informed and are available to help. |
