LANDLUBBER’S FOLLY

Question: If the City has property, but it’s landlocked, is it a good real estate investment?

Answer: Not if you want to make money.

Technically it’s not landlocked if the roads are platted but not open; however, it’s a fool’s folly to buy property that doesn’t have practical access. Why? Because of Title Insurance. You cannot insure your rights to the property title without practical access.

Remember: Legal Access is different from Physical Access.

And no, you can’t build a driveway. As a private investor, bringing a property up-to-grade is cost prohibitive!

Also, there are newer subdivision roads that are not dedicated to the public. And there are some older subdivision roads that are never going to be open.

You may be a landlubber, but you could be a land-loser without Title Insurance and practical access to your property.

From Land Title Talk Podcast on YouTube

July 2, 2025

https://youtu.be/kB2MpIXO3lQ

Written by Stephen Collins and CJ Godwin