When purchasing land, can I negotiate the price as when buying a house? What else do I need to know?
We are considering buying land in Vermilion, Ohio. The land used to be a large farm, which is being divided into 30 lots 2-3 acers in size. The people who buy the lots are free to pick any builder that they choose. The lots are fairly priced, but I would like to try to negotiate lower. Can I offer a lower price like I did when I bought my current house? What else should I keep in mind?