1. Ownership / Liens

Who owns the property and how can he/she/it be reached? Who has a legal interest (judgment or lien) on the property and how can those interests be dealt with?

2. Land Use Regulations

What official regulations govern the use of the property? Which agencies have authority on development approvals of the property? Do the regulations permit the proposed use? How does the use fit in with the adjacent properties? With the block or surrounding area? How will the neighborhood feel about the proposed use?

3. Setting / Neighborhood

What assets and what liabilities does the site have as a location for the proposed use? How does the use fit in with the adjacent properties? With the block or surrounding area? How will the neighborhood feel about the proposed use?

4. Physical / Environmental

What are the physical features of the site that could potentially affect development? What are the environmental issues that will come up if the site is developed?

5. Utilities

Is the site served by all necessary utilities? If not, what is involved in getting them?

6. Street

Does the site have adequate street access? What is the condition of the street, curbs and sidewalks around the site? Are there any legal issues that would affect access?

7. Site Costs

What are the cost implications of the findings with respect to all of the other site issues? What will it cost to get the site to the point where construction can begin?

Next: A2. Key Components of a Real Estate Contract

OHIO CAPITAL CORPORATION FOR HOUSING