Gathering more info on properties

October - Week 3

Now that we gathered data on the parcels, I started calling the Realtors of each parcel to learn more about the properties. I asked the following questions:

1. Why was the owner selling? This gave insight into how eager the owner wanted to get rid of the property and if there was any type of improvement done to the property.
2. Are the roads to the property maintained?
3. What's the nearest water haul location?
4. What are the utility companies that service the area?
5. Has any perc-test been performed for the parcel?
6. Anything else you can tell me about the property?

I also made calls to the utility companies to verify if electricity or water lines were available near the property. I found out that:

• APS electric will extend lines for free up to 700 feet or $10,000.
• Navopache will extend electric lines for free up to 100 feet.
• Liveco water company charges $600 to install a water meter.

Most of the properties we're looking at doesn't have access to a water utility company. APS was able to verify 7 or the properties with electricity nearby. They're going to call me back about the properties that have only a lot and parcel number.