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Started By
Message
re: Land appraisals in St. Tammany
Posted on 2/9/18 at 2:20 pm to Chad504boy
Posted on 2/9/18 at 2:20 pm to Chad504boy
quote:
Why?
Maybe to borrow against?
2
Posted on 2/9/18 at 2:23 pm to Sparkplug#1
if so, needs to be subdivided first and then the bank will be doing their own appraisal so i wouldn't even waste a nickel on my own appraisal.
Posted on 2/9/18 at 2:37 pm to Sparkplug#1
quote:
Maybe to borrow against?
Basically this. We want to use the value of the land as a down payment for the construction of the house. I appreciate all the guidance as this stuff is foreign to me. We are living in the only home we have owned and we bought it as a new construction in a subdivision so I've only dealt with the very basics so far.
Posted on 2/9/18 at 2:37 pm to burdman
quote:
I'd partition the property before you start to build anything.
Posted on 2/9/18 at 2:51 pm to TBass82
BTW if I could possibly afford it, I'd try to buy out the interest of the siblings on the entire 40 acres. Otherwise they could sell it to someone else and in a couple of years your nice rural homesite will be surrounded by a ticky tack subdivision.
Posted on 2/9/18 at 3:42 pm to Chad504boy
quote:
f so, needs to be subdivided first and then the bank will be doing their own appraisal so i wouldn't even waste a nickel on my own appraisal.
Good call.
Posted on 2/9/18 at 3:45 pm to TBass82
quote:Is it possible to buy the other three heirs' undivided interests pre-appraisal? You might make a deal if they don't want the property.
I went back and edited. We know which section we are going to build on and the other siblings are fine with it since they don't plan on building out there any time soon, if at all. Basically we want to know how to get started on getting it partitioned and appraised.
Posted on 2/9/18 at 3:58 pm to TBass82
Start with a surveyor and make sure all the owners are in agreement on the 4 tracts to be created. All the parcels will need access, which may involve creating servitudes, depending on how the tracts are situated.
May want to check with the parish planning and zoning department to see if they must review/approve the re-subdivision.
Hope it goes well! This is not legal advice.
May want to check with the parish planning and zoning department to see if they must review/approve the re-subdivision.
Hope it goes well! This is not legal advice.
Posted on 2/9/18 at 4:01 pm to Litigious Tiger
quote:
May want to check with the parish planning and zoning department to see if they must review/approve the re-subdivision.
St Tammany gives zero fricks about that shite. It's the Wild West with regard to land use.
Posted on 2/9/18 at 4:05 pm to Jim Rockford
Nice. I figure it is always good just to check. 
Posted on 2/9/18 at 4:07 pm to Litigious Tiger
I don't say that like it's a good thing. Their lack of planning has led to horrendous traffic, suburban sprawl, and flooding.
Posted on 2/9/18 at 4:10 pm to TBass82
Chad, Yellow and Skinny are all correct.
If, at the present time, all siblings and respective spouses are cooperating, have the land surveyed and partitioned first (better yet, now) before worrying about appraised value.
Discussions and decisions regarding entrance, egress, easements, servitudes are best done when everybody is getting along then contracting a surveyor and title attorney as soon as possible. Familial harmony can disappear in a moment.
Recommendations: Clean Title, Le Fleur de Lis Title, Rod Rodrigue, Attorney at Law and 110 Title for RE work. All have primary offices or satellite offices in Covington or Mandeville
Land Surveyors or John Cummings & Assoc. in Covington or Kelly McHugh & Assoc. in Mandeville do good work.
If, at the present time, all siblings and respective spouses are cooperating, have the land surveyed and partitioned first (better yet, now) before worrying about appraised value.
Discussions and decisions regarding entrance, egress, easements, servitudes are best done when everybody is getting along then contracting a surveyor and title attorney as soon as possible. Familial harmony can disappear in a moment.
Recommendations: Clean Title, Le Fleur de Lis Title, Rod Rodrigue, Attorney at Law and 110 Title for RE work. All have primary offices or satellite offices in Covington or Mandeville
Land Surveyors or John Cummings & Assoc. in Covington or Kelly McHugh & Assoc. in Mandeville do good work.
Posted on 2/9/18 at 4:15 pm to TBass82
You have a fun road ahead of you.....not
1. Do you have a copy of a will or probate leaving the land to you?
2.Has the will been through succession?
3. is the acreage spelled out?
4. Are the other heirs in agreement about how the partition, re-sub is to look like?
If all is in the affirmative
1. get a survey
2. Get a formal partition of the land
3 Contact the assessor's office to make sure you know what your tax liability will be on the raw land.
4. Make sure the new deed is fled with an attached copy of the survey
Also make sure that all of the other heirs sign a quitclaim deed.....individually
It's been a while since I've dealt with title work, but this is pretty much it and since this is St. Tammany, Fitzmorris the assessor, will help you as much as possible....they love new taxpayers and the potential revenues that come with new building permits.
I don't know if she is still officially doing title stuff, but you should call Michelle Rodriguez with Elite Title, she's very good and reasonable and VERY dialed in in St. Tammany.....hell, she could be a potential neighbor if I think I'm right about where your land is
1. Do you have a copy of a will or probate leaving the land to you?
2.Has the will been through succession?
3. is the acreage spelled out?
4. Are the other heirs in agreement about how the partition, re-sub is to look like?
If all is in the affirmative
1. get a survey
2. Get a formal partition of the land
3 Contact the assessor's office to make sure you know what your tax liability will be on the raw land.
4. Make sure the new deed is fled with an attached copy of the survey
Also make sure that all of the other heirs sign a quitclaim deed.....individually
It's been a while since I've dealt with title work, but this is pretty much it and since this is St. Tammany, Fitzmorris the assessor, will help you as much as possible....they love new taxpayers and the potential revenues that come with new building permits.
I don't know if she is still officially doing title stuff, but you should call Michelle Rodriguez with Elite Title, she's very good and reasonable and VERY dialed in in St. Tammany.....hell, she could be a potential neighbor if I think I'm right about where your land is
Posted on 2/9/18 at 4:16 pm to Skeet Mc
quote:
Discussions and decisions regarding entrance, egress, and servitudes are best done when everybody is getting along
quote:
Familial harmony can disappear in a moment
100% Fact!
Seen it too many times.
Posted on 2/9/18 at 7:03 pm to Litigious Tiger
Thanks for all the info guys, I've got a great starting point!
Posted on 2/9/18 at 9:25 pm to Jim Rockford
quote:
St Tammany gives zero fricks about that shite. It's the Wild West with regard to land use.
Not the case at all in St. Tammany. You should be good if you are splitting 4 times, but need to check with them. 4 times is usually a mini and not a subdivision. I know a situation where they were splitting between 4 kids and a fifth piece for the mom. They were in a flood area and were classified as a subdivision. It took over a yr, professional engineering, and tons of crazy stuff (ponds for retention and hills before the ditches at the road) before they could get approval for building permits. Tammany is backwards with flood maps easily understandable rules, but are one of the most strict for these types of things.
This post was edited on 2/9/18 at 9:26 pm
Posted on 2/9/18 at 10:10 pm to TBass82
Check title and make sure nothing stupid is there.
If title is good, buybiut your relatives asap
If title is good, buybiut your relatives asap
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