Sign Up For Our eNewsletter, FREE!
There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU. Interest rates, zoning and tax laws, new ways to market your home and enhance its value... We can help you keep up with all the changes. As top real estate agents it's our job to stay informed, and to know how to handle every buying or selling situation. Sign up for our periodic real estate newsletter, and we'll keep you up to date. It is free and without obligation...
Buying Land and New Construction >What About the Water
If you are considering buying acreage, your real estate agent will probably supply you with basic information about the soil quality, zoning and property boundaries. Whether you intend to build a vacation home or a working horse ranch, you'll also need to know about the water quality and quantity.
If the land is not in an area where water is supplied and tested by a municipal water system, you will need to drill a well for drinking water even if the land has surface sources that provide water for irrigation. Instead of paying monthly water bills, you'll be investing a substantial sum to drill the well and maintain it over time. Contact the county water department to determine how many gallons per minute you and your family (or agricultural business) will require. Talk to the neighbors to find out how long it actually takes to obtain permits to drill for water in that area, and get estimates from local companies on drilling costs.
With a little detective work and help from your agent you can discover any local problems with contamination of the water supply due to toxic substances. Surface waters such as streams, ponds or lakes may be considered public property, and may require you to obtain a water use permit from the state in order to dam a creek or pump water from a supply that sits on your land.
|
| Q |
Where was the great land boom (1919) in which investors paid up to $25,000 for lots not yet dredged up from the ocean?
|
| A |
The great Florida land boom brought hundreds of investors to the state after Carl Fisher founded Miami Beach in 1919. |
 See More Real Estate Trivia > |
|
|
Chris and Joe Ferzoco
The Ferzoco Group RE/MAX of Ocean City &Wildwood
5501 Simpson Ave.
Ocean City, NJ 08226
609-770-2668
Fax: 609-398-4606
joeferzoco@NUMBER1EXPERT.com
The Ferzoco Group is committed to helping home buyers and sellers achieve their real estate goals. The process of buying or selling a home is one of significant importance and the Ferzoco Group prides itself on making sure your experience is an enjoyable one!   
www.TheFerzocoGroup.com is brought to you by
The Ferzoco Group ReMax of Ocean City & Wildwoods
NUMBER1EXPERT™ in real estate for
Ocean City, Cape May County, The Wildwoods and Sea Isle City, New Jersey, Beachfront Properties, Ocean View Condos Read The Ferzoco Group ReMax of Ocean City & Wildwoods
Privacy Guarantee,
Terms of Service,
and
Free & Without Obligation Pledge
|
NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERT™ 
