Frequently Asked Questions
Need Help? Just Ask.

Frequently Asked Questions

What should I know about the company that I am purchasing the property from?
Ask how long the company has been providing expert and professional services in the land acquisition and development business. The company should be willing and prepared to provide you with the references or testimonials of satisfied customers. Ask what guarantees you will receive regarding your purchase. The team of professionals at Waterfront Group have over a decade of experience in residential and recreational property with thousands of satisfied customers in many areas of the U.S.

How does a Land Consultant differ from a general real estate broker?
A Land Consultant is an individual who has dedicated their career to the detailed knowledge required to accurately represent the sale of land. Though many general Real Estate Brokers may receive training in this area, few specialize in land sales. A Land Consultant has all the information and personal knowledge of the land necessary for you to make a well-informed decision to purchase.

Is my deposit safe if I choose to purchase property on the day of the sale?
Yes, your deposit is held in escrow until closing with the attorney. If the title search reports a defect in title, or financial approval is not given, then a full 100% of all deposit money is refunded.

What should I expect on the day that I go to view the property with a Land Consultant?
Be prepared to walk the property and understand the boundaries and character of the land. Ask questions. Your Land Consultant has the answers and will provide you with property information that will clearly explain the accessibility of the property, access to utilities and the costs associated with purchasing the property. Our property is sold first come, first served based on receiving a deposit check, so remember to bring a check in case you find a property you want to purchase.

What guarantees are offered with the property if I purchase?
Each property is newly surveyed and comes with deeded road access and all utilities to each property. A general warranty deed comes with each property which guarantees a free and clear title to your property.

Is financing available for undeveloped land?
Many banks do not finance the purchase of raw undeveloped land, or they may require a minimum down payment of 30% or greater. We can offer bank financing with as little as 10% down and several different payment terms. Once you find the piece of property that works for you, your Land Consultant will assist you in finding the best way to finance your purchase.

Do I need to find an attorney on my own if I decide to purchase?
We have obtained a attorney from the area who is familiar with the property and region. The attorney's knowledge of the property and area will make for a smooth and timely closing. They can also arrange the closing via mail which will save you considerable time and make for an easy process.

What is a title search or title abstract?
An attorney performs a title search. The history of title ownership of the title to the property is investigated to determine that there are no others who may have claim to any portion of the land. Any easements, rights-of-way, mortgages or other matters of record that may affect the title are reported. It is based on the title search or title abstract that a title insurance policy is issued.