Tuesday, November 12, 2013

Give Me Land Lots of Land

If you are going to homestead, the first thing you need is land.  You really don't need a lot of land, but you need to be realistic about what you are you can do with a small plot.  Even a small plot of land will grow a very nice garden for vegetables and herbs.  A few chickens do not require a lot of room. However, cattle and other grazing animals require much more acreage. 

So lets say that you have decided how much land you want and how much you can afford.  You are ready to look for land. Do you know what to look for?  Do you know if your land will have water?  Do you know what an easement is?

This article from Mother Earth News addresses some of the questions you need to be asking when you are looking for land. If you are not careful, your dreams of the perfect homestead can quickly turn into a nightmare.

Advice When Buying Land

Suppose, as you eagerly scan the classified real estate listings, you suddenly spot an ad that reads: "Forty acres, year-round creek, part wooded, part cleared, some marketable timber, south-facing slopes, $26,000, low down, low monthly payments." In such a case, it'd be quite natural to assume you'd found the buy of the decade.

So let's say you decide to take a look at the place profiled in that advertisement . . . and it turns out to be even better than you'd dreamed. Huge trees tower overhead, like a great green cathedral. You follow the creek downstream to find that it opens into a gorgeous meadow. Your heart is taken, and you're already starting to plan where you'll put the house and barn. This is the place, and—better yet—the price is right!

At this point, the owner or agent—seeing that you're sold on the parcel (after all, you've been just too excited to play "uninterested buyer" games)—asks you for either earnest money or a down payment. Well, you know the property is what you want, and you also figure that someone else is sure to buy it if you don't . . . so you prepare to shell out a big portion of your savings.

But wait . . . before you put up cash that you may not be able to recover later, let's examine the pitfalls possible in buying land—any piece of real estate, especially undeveloped land.

Do You Have Road Access?
It's impossible to overemphasize how terribly important access rights are. Be certain beyond the shadow of a doubt that permanent, legal, transferable access is specified in the deed. Never buy any piece of property without it.

I recently met a couple who'd bought a lovely place and built a house on it, acting on a neighbor's assurances that he had no objections to their using his road to get to their property. Later, though, they had a minor disagreement with that fellow, and he promptly blocked the road. At that point, they started walking in and out across a bordering piece of government land . . . but were soon informed by the agency in charge that they'd better cease and desist or they'd be hauled into court on trespassing charges.

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