When we first looked at our 33 acres, it had been sitting for months in a suoer hot market. We couldnt figure out why. We did our due diligence and there was nothing wrong so we purchased. Once we explored it, it had atv trails, water amd an awesome spot to build on bedrock. So my point is sometimes you win. It didnt sell cause the agent didnt put a sign up. Thats it. He was doing a favor for family and just didnt care. And btw, with our house on it, it is worth 7 times what we paid.
@@tmoddison we are in the middle part of Ontario and purchased about 3 years ago. We are actually still building and living in a cottage on the property. It should be completed this summer. One piece of advice I can give is building roads and driveways are super expensive. Inflation also slowed us. We received an appraisal from a local agent based on completion.
going to say a leaking or damaged septic can get fined daily till repaired. In some places the city inspector gets notified of the sale and sends someone out to check it. if it has been leaking they may be required to remove the old one and the contaminated earth around it and replace with clean fill if you have an inspector without much going on you can be the lucky winner of his attention
Great comment! Then if you don't have much room to replace it and also have to abandon the drain field, you may have just purchased a place without the ABILITY TO EVEN HAVE A SEPTIC TANK!!! Have you seen either of these scenarios before?
I was given a quarter acre lot in the West Texas desert in exchange for test driving a new car. But I had to pick out my lot from a survey map. I picked out a lot a quarter mile back from the highway because there was an electric line near the lot and I figured it would be cheaper and easier for getting electric. But when I finally got out to see the property (10 years later), the electric line turned out to be a high-tension line bringing power into the town. The line I needed was along the highway. Ultimately, it worked out fine as the high-tension line was not on my lot. It was behind me. But I am glad I did not pick the actual lot with the wires on it. Because they would have been running above my house. And I could not really build under them anyway because there was 40 foot utility easement. And you are not supposed to build a building on a utility easement. However, the electric company did have a policy to run electric from the highway to my lot for free. So I had no trouble getting electricity. And as an added bonus, the electricity guys graded a drive to my place so that they could get their giant trucks back in. Which was important to me because the so-called barren deserts are covered with prickly pear cactus, ocotillo trees, and griswood bushes and stuff. When they were drilling the holes for the utility poles the drill brought a vertebrae of some prehistoric animal. A really unexpected thing, though, came up. I started having a lot of foot traffic at my house who were illegal aliens. I found out later that the Mexican government runs adds on Mexican television telling "migrants" when they cross into the United States, follow the electric wires for safety (because you can easily die in the desert).
@whitehorse1961 No. I opened a lemonade stand on the highway and sold lemonade out of the back of my Scout. There were 4 Mexican restaurants in my town that were owned by Mexican women who knew how to cook. I was in tostada Heaven.
"legal" means they greased the palms of the state for permission to use the property that you "own" they way you want ("own" in quotes, because Americans don't own anything any more).
Not buying land, but I sure did buying a house. Bought it from looking at pictures, it was only 1 yr old so they talked me out of getting an inspection…always get an inspection boy the things builders do to save money…..I’m thinking of buy a few acres here in Tennessee and watching your video made me aware of the “ what’s on the property” that car made me really think, so really appreciate your experience😁 Thank you.
I found 38 acres of hunting land for an ultra low price and I offered to buy the property provided that the seller provide a satisfactory survey and the seller counter offered for a much lower price with no contingencies. I didn’t feel comfortable buying land that I did not know the boundaries of.
When we first looked at our 33 acres, it had been sitting for months in a suoer hot market. We couldnt figure out why. We did our due diligence and there was nothing wrong so we purchased. Once we explored it, it had atv trails, water amd an awesome spot to build on bedrock. So my point is sometimes you win. It didnt sell cause the agent didnt put a sign up. Thats it. He was doing a favor for family and just didnt care. And btw, with our house on it, it is worth 7 times what we paid.
This is awesome. I've pinned this comment. When did y'all do that, and how long did it take to build?
@@tmoddison we are in the middle part of Ontario and purchased about 3 years ago. We are actually still building and living in a cottage on the property. It should be completed this summer. One piece of advice I can give is building roads and driveways are super expensive. Inflation also slowed us. We received an appraisal from a local agent based on completion.
going to say a leaking or damaged septic can get fined daily till repaired. In some places the city inspector gets notified of the sale and sends someone out to check it. if it has been leaking they may be required to remove the old one and the contaminated earth around it and replace with clean fill if you have an inspector without much going on you can be the lucky winner of his attention
Great comment! Then if you don't have much room to replace it and also have to abandon the drain field, you may have just purchased a place without the ABILITY TO EVEN HAVE A SEPTIC TANK!!! Have you seen either of these scenarios before?
I was given a quarter acre lot in the West Texas desert in exchange for test driving a new car.
But I had to pick out my lot from a survey map.
I picked out a lot a quarter mile back from the highway because there was an electric line near the lot and I figured it would be cheaper and easier for getting electric.
But when I finally got out to see the property (10 years later), the electric line turned out to be a high-tension line bringing power into the town. The line I needed was along the highway.
Ultimately, it worked out fine as the high-tension line was not on my lot. It was behind me. But I am glad I did not pick the actual lot with the wires on it. Because they would have been running above my house. And I could not really build under them anyway because there was 40 foot utility easement. And you are not supposed to build a building on a utility easement.
However, the electric company did have a policy to run electric from the highway to my lot for free. So I had no trouble getting electricity.
And as an added bonus, the electricity guys graded a drive to my place so that they could get their giant trucks back in. Which was important to me because the so-called barren deserts are covered with prickly pear cactus, ocotillo trees, and griswood bushes and stuff.
When they were drilling the holes for the utility poles the drill brought a vertebrae of some prehistoric animal.
A really unexpected thing, though, came up. I started having a lot of foot traffic at my house who were illegal aliens. I found out later that the Mexican government runs adds on Mexican television telling "migrants" when they cross into the United States, follow the electric wires for safety (because you can easily die in the desert).
Did you open a taco shop?
@whitehorse1961 No. I opened a lemonade stand on the highway and sold lemonade out of the back of my Scout.
There were 4 Mexican restaurants in my town that were owned by Mexican women who knew how to cook. I was in tostada Heaven.
This is a cool story!
Thanks for the heads up, much appreciated.
You are welcome! Have you ever made any of these mistakes?
"legal" means they greased the palms of the state for permission to use the property that you "own" they way you want ("own" in quotes, because Americans don't own anything any more).
Dang - I don't disagree, but do you think it can change?
Problem #1: you're buying in the soviet state of oregon.
Quite so.
Really? That’s the best comment you got?
@@tmoddison Oh, go off and play pretend realtor-SME.
That was meant for the Soviet state comment.
@@tmoddisontruth hurts?
If I had an Dollar for every time i see, hear, or read the word location, i would be super rich
Same as if we buy in the right location?
Good content. Thanks.
You’re welcome. Thanks for watching! Have you subscribed?
Sure did. 👌
Awesome! Thanks Brianski!
Not buying land, but I sure did buying a house. Bought it from looking at pictures, it was only 1 yr old so they talked me out of getting an inspection…always get an inspection boy the things builders do to save money…..I’m thinking of buy a few acres here in Tennessee and watching your video made me aware of the “ what’s on the property” that car made me really think, so really appreciate your experience😁 Thank you.
Water. The eastern half of our county has ground water, but not the west.
Great point! I should make a video on that!!
@@tmoddisonseems like it was a geological page, but Limestone County, TX.
@@ltcajh That is awesome. I love it.
In other words get a competent realtor who has been in the ware for a while.
That’ll help.
🦁🦁🦁🦁🦁🦁LION c LIKE No. 37
🐘🐘🐘🐘🐘🐘🐘Elephant C LOVE No. 42.76?
The Grand and Glorious and most imperial LION suggests you examine the number 1/137. @@tmoddison
Orr gonn yuk.
I know, right?
I found 38 acres of hunting land for an ultra low price and I offered to buy the property provided that the seller provide a satisfactory survey and the seller counter offered for a much lower price with no contingencies. I didn’t feel comfortable buying land that I did not know the boundaries of.