There are several things you need to look out for once you've identified a piece of rural property you are interested in acquiring, whether that is an existing farm or raw, undeveloped land.
Buying undeveloped land or an existing farm can be overwhelming if you've never done it before. In order to be successful, there are a few key areas that you will need to do some reseach on. You need to know about restrictions on use, the health of the land and its fair market value before you purchase land for your new homestead. Whether you have purchased a home before or not, everything outside of evaluating any homes on the property is going to be a new experience. This article will help you get a handle on the various things you need to know, and whom to ask.
If you haven't identified any candidate properties, you might want to check out the land buying guide first.
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