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Real Estate Tips
Buying Land and New Construction >How Easements Affect Your Land

It is extremely important to discover whether there are easements on undeveloped land you are thinking about buying. An easement is the legal right to use another person's land for a specific, acknowledged purpose. Easements can significantly affect your development and use of the property.

A typical easement might permit the use of a dirt fire road that cuts through both the neighbor's property and your land. The road provides access to both properties, and your neighbor has to drive through yours to get to his. The house you build has to be situated ten to fifteen feet away from this access road. If the road cuts through the middle of the lot, you might have difficulty finding room for the house you want to build.

Consult with your real estate agent, an attorney or a title researcher for accurate information about the easements. When making an offer on undeveloped land with an easement issue, be sure to include a contingency that you must approve of any existing easements, or the offer is null and void.

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Real Estate Trivia
Q 
What is the maximum interest you can deduct on your federal tax return to purchase or improve a first or second home?

A 
One of the greatest benefits of home ownership is the federal tax deduction for interest up to, but not exceeding, $1million.
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Grace and Lucas Miranda, REALTOR®, real estate agent and broker for Burbank, Sun Valley and North Hollywood, California home listings, property and land for sale - NUMBER1EXPERT

Grace and Lucas Miranda
The Miranda Team

Keller Williams World Media Center
401 South First Street
Burbank, CA 91502
Office: 818-239-3545
Fax: 818-239-3555
DRE#: 01275725
Office DRE#:: 01521876
Grace's Email: GraceMiranda@live.com
Lucas's Email: LucasMirandaRE@gmail.com

The Miranda Team at Keller Williams World Media Center is one of the highest producing real estate teams in this area. The team is composed of Grace Miranda, listing agent, and her son, Lucas Miranda, as the team’s buyer’s specialist. Grace and Lucas are consistent top producers serving areas that include Burbank, Glendale, Sun Valley, Shadow Hills, North Hollywood, Studio City, Toluca Lake, and surrounding communities. They serve a wide spectrum of clients from first time home buyers, entertainment industry clients, to equestrian enthusiasts and luxury properties. Their team combines attention to detail, integrity, professionalism, the highest service, as well as utmost discretion as they assist their clients in the process of selling and buying homes. Need to buy a home in the San Fernando Valley, Santa Clarita Valley, or the San Gabriel Valley? Call Lucas today to start the hunt for your perfect home at an amazing price! Need to sell a home in Burbank, Glendale, Sun Valley, Shadow Hills, North Hollywood, Studio City, Toluca Lake or surrounding areas? Give Grace a call to get your home sold quickly for top dollar. Grace also specializes in Short Sales, pre-foreclosure sales, and is certified as a Short Sale Specialist and an REO Specialist.

Equal Housing MLS REALTOR


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