30 May

Making Land Offers

What is Preliminary Underwriting? When making an offer for land, the format I have typically seen in the industry is a 2 – 3 page “Letter of Intent”, which lays out the essential terms and conditions you wish to propose …

28 May

Specific Plans

What is the Purpose of Specific Plans? In a previous post, we talked about the General Plan Land Use and Zoning Classifications providing the framework for the potential development uses on a property.  Zoning standards will typically dictate the allowable …

23 May

Preliminary Title Reports

How To Order A Prelim? One of the first steps in a real estate transaction is to obtain a preliminary title report – also referred to as a “prelim” or “PTR”.  The prelim provides no title insurance but is essentially …

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