Land Surveyor ServiceOne of the most lucrative things to invest in is land. Land after all rarely depreciates and always is easy to re-sell. The only way you can get high returns from property, however, is by getting the right experts to handle various aspects of your transaction.

Among the most crucial experts in your land investment is a planning consultant. These experts play a major role in your land development process, which in most cases is the hardest and most crucial aspect of your investment.

Here are the various stages of land development.

The Due Diligence Stage

The first stage of land development involves identification of a suitable property. When assessing the suitability of any land, several factors including growth outlook, geographical location and job creation trends will form a basis for your land choice.

Your land developer will then work with other experts to negotiate the best terms for your acquisition of the land.

The Entitlement Stage

At this stage, the proposed plans for your land’s development undergo submission to the state and federal offices for approvals and sign-offs. The entitlement process unlocks the real value of your land as its various aspects undergo an assessment at this point.

Your land developer will get multiple experts to conduct numerous tests including sewer, utility and land inspection before the land is entitled.

The Development Stage

After entitlement, you are now free to develop the land according to your approved plans. At this stage, your land is valued at three to five times more than your buying price. Some investors hence choose to resell it at this point and make a tidy profit.

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You can now appreciate the complexities involved in seamless land development. Any hitches with handling the above aspects will leave you with losses and legal consequences. It is hence essential to work with a reputable planning consultant who will not cut corners and compromise your investment.