Posted: Tuesday, June 04, 2024
Author: Vinny Delgado, Partner, Ranch Sales | Licensed in MT
Dear Vinny,
I am interested in purchasing a property next to a river. However, I've noted that the area does not have existing flood maps. Given this lack of flood mapping, what factors should I take into account? What due diligence should I do to ensure this investment will be worth it?
Dear Flood,
Engaging with an engineering firm to study the area is critical to determining if your site is in a flood zone. This is especially important if you are planning to build, and the engineer can recommend feasible build sites that won’t put you in harm's way during a major flood event. You can also ask the seller and neighbors if there have ever been any major flood events and what they looked like when they happened. Best of luck with your purchase.
Posted: Tuesday, March 12, 2024
Author: Vinny Delgado
Dear Vinny, Can I list my property if the home is winterized? We are considering selling, but I'm wondering what the next steps are. How does having a home that's...
Posted: Thursday, May 04, 2023
Author: Joette Schalla
It was once said, “The best thing about the land is the landscape.” A good point, but what is also very rewarding is an additional return on your investment through...
Posted: Thursday, June 22, 2023
Author(s): Richard Ellis, Kevin Stowe
How and why real property interests came about: Real property interests are typically understood to include both the surface and subsurface, or mineral, estates. For those of us involved in...