Things to Consider Before Buying & Selling A Golden Gate Estates Lot

1. Price
2. Location
3. Size of Lot
4. Proximity to Schools, Shopping, Job Location & Medical Facilities
5. Environmental Issues

Any real estate agent can help you with the first four on the list. As an experienced & knowledgeable buyer's agent, I can guide you through the environmental issues that seriously affect the value and price of lots in Golden Gate Estates. As a listing agent for GGE lots, I have learned and implemented the steps involved in the determination and process of preparing a lot for sale when wetlands are present.

Wetlands VS. Uplands-What does this mean in dollars and cents?

The presence of Wetlands can seriously affect the purchase price of a GGE lot.

The rule of thumb is "the cheaper the lot, the more wetlands issues there are". The cost and time needed for permitting has a direct impact on the bottom line!

In some cases, when the lot is only partially wet, a site plan can be drawn by a private consulting company, submitted and approved by the DEP that would avoid the need for the ERP. If an ERP is required, it could take up to 90 days and cost anywhere from $ 600 to $1000 in addition to the cost of a site plan which is around the same price depending on the size of the lot. A private consultant can be hired to obtain this as well. Pricing differs between the different companies. Once the ERP has been issued, and before the construction permit has been obtained, Mitigation fees must be paid to a designated bank in the form of credits. For example, a 2.45 acre lot has a site plan that disturbs .45 of the wetlands will have to pay .25 credits which can run around $8000 to $9000 in fees.

Upland lots would not require anything more than a DEP report or a private report stating that an ERP is not needed to build. At this point, all you need is a construction permit!

In Summary, the environmental issues that exist in GGE are very complicated. Make sure you find a real estate agent that is very knowledgeable and hands on with these issues.
My real estate focus is primarily in GGE homes and land. I will assist you through the steps involved with either purchasing or a listing a GGE property.

"I am also looking forward to a great working relationship and I am sure a talented and professional person like you would be able to achieve good results".
Sincerely,
Shahid Butt

"Thanks for all your information and help. I believe we both believe in good prep. work. It actually saves a lot of time while viewing property. Looking forward to seeing you on Friday".
Best Wishes,
Raj

"Yes, I believe we would like to list with you, Ms. Lamb. You are very professional and friendly and we feel that we can trust you"!
Sincerely,
Ruby

"I am happy with your service and friendship and that you were looking out for my best interest".
Thanks,
Janis