3 Expensive Mistakes To Avoid When Buying Land
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- Опубликовано: 27 авг 2024
- If you make any of these mistakes when you buy land they are expensive and hard to fix after the fact. In this video I go over each mistake and tell you how to avoid it. Get my eBook Becky's Guide To Buying Land here: beckyshomestea...
Another thing is check into is who owns the MINERAL RIGHTS. If you buy property you may only be buying the surface rights. Thus, if someone else decides there's something valuable underground you MUST allow them access to create roads, paths, etc. in order to harvest those minerals. So, that's something else to consider.
Bill Laut I don’t own land yet but mineral rights !?!? I never knew this existed 😂 life is really a scam. Thank you for this
Oh heck no@!! Really!?
Also , WATER rights ! A lot of western U.S. states have land w/no water rights - btw if you buy land WITH mineral rights , you may want to test for gold , gems etc. .
yes! My grandpa gave my dad a piece of land but retained mineral rights. Then he had someone come in and harvest the trees out from under us!
In Ohio it is gas. Many for sale properties say seller retains mineral rights. That is a no sale or don’t buy immediately . ☹️
I am a realtor in Virginia.. there are lots of farms and homesteads in Virginia, lots of creeks for water, a mild winter, and good forests and fields.. Old land may have some farm or lumbering easements on them, which may or may not affect your use. zoning regulations vary by town, but most small towns have few restrictions, but suburbs often have many.. so, go outside a suburb or development. find land free and clear of deed restrictions... be sure your land can pass a percolation test for a septic, and water for your well if outside of town.
sometimes you can buy land with good hardwood lumber on it, and hire a lumber broker to remove some trees and recoup some of your purchase price.. generally it takes around 20 years to harvest pine for pulp, for example.. don't expect to farm on land beneath pine trees. pine needles make acidic soil and are not good for gardens.
I live in VA now but would never homestead here. We are relocating to Missouri
Thanks that is helpful information for anywhere.
Deed restrictions are about like HOAs. A good idea to keep neighbors from making a literal junk yard or sawmill but a concept easily stretched to cramp anyone's lifestyle.
I'm looking for some land in Appomattox, any ideas how I can get started?
Virginia is a very large state. It has more private farms than any other state. A long history of homesteads. Lots of rural land. I’m a realtor
So right. We bought 2 acres about 2 miles outside town. Found out it had deed restriction so no farm animals, no chicken coop, goat buildings. Needless to say sold and found 12 acres in different town.
charles dixon glad you were able to sell
charles dixon You’ve been a big help Mr. Dixon. Thank you ☺️ Now I know better.
How does one go about finding out if a land has a deed restriction? I’m thinking about buying a piece of land and want to make sure I don’t run into this.
@@DylanBegazo How do you know better? The video said the same thing? Did you not watch?
Ikr checking for farm land for animals. Buying out in the country waaayyy out. Bought land in Indiana and sold years later they built a damn subdivision.
i just bought a house and apperently it was a flood zone. and flooded before i moved in. now i dont have the money to fix it so i am trying to sell. i will definatly be taking a loss, so make sure to pay attention to these things when you buy.
That's too bad! Hope it works out okay. Thanks for the warning--I'm just starting to look for land.
@@Elizabeth-yg2mg that's horrible! Hopefully you can recover from it.
one of the best deals in real estate for someone without a huge budget is to find a mobile home on its OWN land. I have seen some on fabulous pieces of land. with views... a mobile home on say 5 acres or more already has a septic, well, often a garage, a driveway, and sometimes nice landscaping.. it is easy these days to have someone remove the mobile home, and you can then build a nice home that already has a mature lot. or you can live in the mobile home while building your dream house..
the main problem with buying a mobile home is banks don't like to finance them.. however, if you have sold a home and have some cash, you can often get a used mobile home on a nice lot for a good price, many of them are in rural areas near farms, or were once a hunting or vacation place.
Yeah that's what I'm looking at now, 6 acres stable chicken coops but mobile home and 20% down wtf. Had everything.
good idea. and the MH could be a good greenhouse or coop later.
This is so important. Gotta watch for "eminent domain" too, where the city can just take your land if it's in a location they need. That would suck
That is everywhere, ever. That's not in zoning. It's funny how people loose history and don't know anything that went on in the past. The US government took over the railroads from 1917 to 1920 for the war effort. Now that was a BIG "take over" ☀️❤️☀️
@@BeckysHomestead exactly.
This is true if there are major future government projects being built. But it is illegal to sell land in that case. This only applies if you already own the land, in which case you have zero rights and compensation is always given.
@Clone Ranger please be kind
@@BeckysHomestead Are you saying that because of the years you indicated that "Emminent Domain" no longer applies?
Without mineral rights they can literally bulldoze everything around your house away if it contains any ore,coal, gas lumber etc . 🤬😡
And they dont have to pay you a penny for the damage or the ore?
You may want to research surface rights vs mineral rights. The laws have changed in many states due to the uptick in Fracking and Directional Drilling.
Companies can do whatever they want under the “Surface” but there are liabilities for violation of surface rights...I.e. Trespassing.👍🏻
It's impossible to get the mineral right's. I have never heard of someone that did. If they do mine for minerals you should be able to get a % of it
@@kimm.8014 yup. They need surface permission to access minerals. That's your key to charge for use.
Yikes! We are in Virginia. Years ago, my grandpa gave my dad an acre but retained some kind of rights like this. Consequently, my grandpa had the trees harvested off the land before my dad started developing it for residence. Sadly, that left none of the beautiful, grand old trees.
"Trust but verify."
Hi Becky you are so interesting. You have inspired me too start doing my homesteading at a better level. We have lived on 2 1/2 acres for 28 years now. I totally didn't know how too start anything from growing food, etc. Just by watching your videos I'm now making Laundry Soap and I'm getting my soap ingredients soon. We both don't work now and own our home. Its a modest place. My chickens have never look so healthy and happy. I'm following all you hints and feeding information. You are my homesteader hero. I love your casual giggly way you tell it how it is. Thank you from the bottom of my heart. Karen from Logan Village Brisbane Australia. You take care and keep those videos flowing because you are my inspiration.
Hahahahaha thank you so much. I'm glad I can help ☀️❤️☀️
Legend 👏
Bit late to the party - very good points Becky and I would like to add:
4. Buy in a county with no building permits, they can be expensive
5. Make sure (if you buy more than 5 acres) that your county has favorable wildlife allotment, can save you a lot in taxes and its not to time consuming to maintain
6. Buy a land with well and septic already on. The price of the land usually does not reflect these and they can be $10k+ to build
Not all land has water beneath it too....not all land has the ability to have a well at all....that kind of land is worthless for building on...for most people...with no well you could do.rain water containment systems which means a filtration and purification system, your subject to weather, huge holding tanks, maintenance, testing and generally water conservation....Most people do not want to go through all that ... when they could buy a piece of property with a good well that they just turn on the faucet and here comes beautiful clean water for laundry, dishes, bathing, flushing toilets, gardening, cooking and drinking... people just don't realize how important water is and how much they use every day until they have to try to conserve it when they collect rainwater.
i am looking at property and told it needed a septic tank and it would cost 20k
@@gigid9606 There are several technologies and different installers. Request the "old style" and shop around for an installer. Concrete septic tank with install was $7k and $3k for the field prep. Dont go for the overly-environment-friendly options - they are 20k+
Look for your local USGS office, you can buy topo (topology) maps-includes flood zones, marsh areas, as well as other info. These are not expensive and a big help.
The biggest thing is to make sure it has no back taxes and you can only check that by going to the county your self
4. make sure there is water access or you are comfortable spending thousands digging for water
5. dont buy land next to native reserve/burial ground/etc
I was going to buy a piece of property but the deed restrictions were crazy. Minimum sq ft of the home could be no less then 2800 sq feet, no security gates or fences allowed. No dogs or cat alllowed. No fire places or pits. Have to attend weekly meetings.
Like this is 20 minutes out of town. I use to live there as a kid on a acreage but now it’s complete crap.
Yep I lived in a place that had an HOA and it was awful. There were rules for everything, cameras everywhere, fines if you screwed up. Never again.
Becky, you always have such great advice. I bought land like 5 years ago, but mostly for investment. HOA has restrictions on the size of the home you can put on your land. For me it's too much house. It must be 1400 square feet. I just want an acre with few restrictions so I can put a Tiny home on the land. 300- 400 square feet tops. Even better with a composting toilet so you don't have to install a septic tank. Water, Electric and internet is all I need. Even better if I can do solar. Just my dream in a not too long future.
I have been following you for years. Love all your tips. You are very inspiring. I am an ICU nurse and these last few years have taken a toll on my spirit. I am now working towards becoming financially independent to hopefully run my homestead one day soon. I have been trying to find land and I have done my due diligence to later findout all the restrictions on the property. I thank you because you are the reason that I see a light at the end of the tunnel.
I learn so much from you. You lay it out so simply, and don't talk down to us. You teach, and I love it. Do you think you can do a series on how to use power tools? I am clueless when it comes to them.
GREAT information. You named all of the things I think about. I am on 10 acres and ! mile from the stores / WalMart. It is a rural community. NO WAY do I want to be way far out there on a desolate piece of property. YOUR information here will help lots of viewers. GOOD JOB BECKY !
Good advise I have a driveway that's 1/4 mile long but goes up hill , very scary in winter and as I get older it's harder to deal with - love the property but looking back I think we would have kept looking for something on flat ground
Melissa Hutchins I have a 77 Chevy 4x4 with 4" lift in winter I drive in woods on side for traction and have a horse for emergencys that can ride out through woods to main hwy if need be but each year it's getting tougher
Things to think about. Just left a farm 72yo lady has old buildings spread out..she had to track in snow to feed her horses and chickens..almost died after falling..keep your buildings close together
Another trap to avoid is a balloon mortgage. That is when you only make interest payments, no money goes to reduce your principal amount owed, so your monthly bill is slightly lower but when the mortgage ends, say in 20 years, you immediately owe the entire principal amount, the entire amount you originally borrowed!
Wow.......... America is NOT the land of the free at all ..... All I hear is restriction... restriction.... restriction
brought to you by the liberals "do as I say, not as I do" crowd
as someone who knows total freedom in mexico, you dont want it, poor people as well as most normal people just want things, they care not for the enviorment or their neighbors. mexicos freedom consist of destroying the wildlife the fauna and pretty much polluting the land with waste
you got it wrong. it is free precisely because it is so well regulated and protected so that it doesn't end up like shanti towns in india, those who want to build with less regulation simply go to more rural areas with less regulation, pick and choose but you do have to respect the rules of every county where people decide what they want their neighbors to do and not to do.
@@fedorbutochnikow5312 in mexico they also have no noise laws. you wake up at 3 am and some loud music is playing in the distance and then roosters. total freedom
@@emailercc3565 but also gotta consider mexico is corrupt to the core
Those are all good tips, Becky. When we bought our ranch in a rural, agriculture zoned area of Los Angeles County 45 minutes from downtown (yes LA County does have Ag zones - this is where people have the animals that are used for movies and TV and some celebrities have exotic animals of there own here too), we had to ask all the same questions. It’s all “horse property” as people out here call it because of the riding trails, etc., but some neighborhoods didn’t have natural gas so you have to use propane, the cable company didn’t have lines to them so you would have to use satellite Internet, and some were in flood plains and some were five or ten acre parcels that were mountainous so 1/2 or one acre of the five or ten acres were really useable, unless you wanted to raise billy goats or sheep. A few had 1/2 mile to one mile dirt driveways so they tear you and your vehicle up and that far out is high fire danger and you can’t get fire insurance. Like you say, have a list of questions that are important to you and DO YOUR HOMEWORK!!
HighDesert Rob Jurupa?
My first acreage I bought, the realtor took me to the wrong piece of property to look at. So I'm thinking it looks great, but it wasn't even the right place. I kept verifying everything and figured it out myself. I still bought the property because it was so cheap, but it had issues, creek running through property, so needed a bridge really, and a pipeline easement in the front meaning you had to build in front of it or behind it which causes issues. I was still able to resale the property at a profit. Learned a lot through the whole process, including get the mineral rights or they can build a well anywhere they want to access the minerals.
I had no idea about the flood map!!! Thank you so much for this useful advice!!! - Buying in Nova Scotia June 2022
Be careful because the HOA thing can be attached to the property you want to buy. Look at everything carefully. ( Buyer beware)😠
Rear view mirror full throttle away.
I would like to add about hooking up utilities; if the property has no well and septic it can cost up to $10,000 in the state of Florida to put in a well and septic. Great video Becky :)
john carney you could skip the well and septic and do something equally efficient namely a Rain Water Harvesting system combined with a aquaponics system. For water purification consider Mesh and Micron consecutive filtration filters finished with a (UVC) Ultraviolet Light C Band filter to kill the viruses and bacteria. For a portable filter lookup a Berkeley Water filter too. All this would vary in cost but it gives you more control over your water. As for electrical, consider making a off grid lithium ion battery bank system or a Tesla power wall or something like that with a solar panel array. You have options you know? You’re not restricted to just a well and septic. You have freedom to choose. ☺️
Catalyst! very warm feeling in my heart that your out there sharing extremely helpful info if you have a min please help! the issue is everyone trying to sell you something most often not being honest about everything..... i want to know the right questions to ask the right people and the right answers to get in order to then make the right steps (witch I don't know) to purchasing the land... please help in the area of..... we are interested in buying 5 acres..... where do i go from there.. being interested in making an offer so we can get the land and do everything we want "Legally" on the property... we want tiny "house's" we want to be off grid use rain water harvesting systems and compost toilet systems and solar energy.... ect we dont want anything added on top of the $300 taxes.... no mains, septic, well ect all we really want is to have a beautiful food forest that's abundant!!!.... this particular property is zoned Re1 looks promising please share your opinions and professional input would be greatly appreciated Ty
Ableurself The first place to start is making sure you know what to look for when it comes to property. Some key words or key subjects to keep in mind are some states do not legally allow grey water usage. Others do. Some states don’t allow you to collect rain water while others do. Therefore if you want to obey the law you can look up your particular state on Google. For example type on Google, “Does Maryland Allow Grey Water Usage?” Or “Does Utah allow rain water harvesting?” If it’s not legal where you are, one of your neighbors could snitch on you to their respective county and they will fine you AND maybe force you to take your structures down. Some states may allow you your freedom with tiny house green living but a few counties within them do not. So you have to look at the state level and the county level to find the perfect spot for you to begin searching for land. Also, some states charge property taxes while others do not. Picking a state that doesn’t charge certain taxes like retirement taxes or income taxes or property taxes or inheritance taxes might be significant in the long term. For your tiny house land, you must also keep in mind there are two types of deeds to be wary of. The land deed and the mineral rights deed. Land deed lets you build on the land but you must read it carefully because they might have restrictions on what kind of house or structures you can build. The mineral rights deed is well the earth underneath the soil. Without the mineral rights deed, for example you wouldn’t be able to dig so deep so certain structures wouldn’t be allowed in that case. Ideally you want to have in your ownership the mineral rights deed and the property land deed. Both. Not just one. All these key subjects are important when picking land. County offices sell land at auctions and you can ask them for land available but don’t forget the key subjects. You should also lookup Land Zoning. Some land are in specific zones that the county or state won’t allow you to do certain things with your land. This is particularly important with homesteads too. I think I will share some personal links of resources you can use to educate yourself on what questions to ask. ☺️ I hope my links help.
@@DylanBegazo thank you
Christine Seaborg You’re very welcome. We only live life once and I want to do it right the first time.
You did not mention the most important thing of all water does your property have it is it potable and how deep is it because believe me Wells are expensive if you have to go down deep I just paid for one about 6 months ago so before you buy any land make sure you have a water test and to determine what the water level is then you need to figure in is there going to be a bunch of building out there or Vineyards or Orchards that are going to drop your water level quick and make you have to redrill a whole nother well so be careful or you will pay
yeah...city water not always available orrrrr electrical poles
If you’re moving to a smaller town make sure your property isn’t anywhere near the towns main source of income. Google Port Arthur TX they have the biggest oil refinery in the continental US and the city pumped water from the plant into surrounding neighborhoods when Hurricane Harvey hit in ‘17. Houses with 7 ft of standing water in them 20 feet away from a bone dry billion dollar a week plant.
You know Becky, you look so much younger now that when you first started your homestead? That's like an example that people should do this kind of move in their life....The modern life today is so stressfull & meaningless, unless you do the real physical work for your own property and live Mortgage free😁
Nicely said. I've been living in the city for 39yrs now and I'M TIRED OF IT. I want some land were i can't even see a neighbor. The peace and quiet looks so refreshing. And I can teach my daughter how to shoot rifles.
I agree Becky. You look beautiful and I love your videos ❤️
We also looked for property NOT in the 100 year flood plain. Please do this. Hurricanes came, Matthew and Florence and etc. We were high and dry but down the road, they are STILL facing flooding issues due to the sand and underlayment of the Piedmont settling and there are now mini lakes in places no one would have thought. But they were on the 100 year flood plain. YIKES. Good advice Becky! Regarding especially zoning and such. Thanks for the video
I can't understand why anyone would thumbs down your video. I think it was awesome and very helpful. Thank you
We're in the process of buying unrestricted land right now. All the really good deals were in flood zones here in NW Houston but theres no way we would even consider them. I see chicken in our future for sure. Thanks for all you valuable information.
We live in Northeast Houston area and are moving away waaay out in a differemt state. So tired of paying HOA to just tell us what to do. And we keep a nice home.
I understand the premise, but it must be for the right people, which is not us.
Those Ducks back there are the cutest!
Becky you look beautiful in red.
Yes she wears it very well...
Get a room
I watch Homestead Rescue and it NEVER ceases to amaze me how many of those people buy land that is nearly useless. Why? Because it's cheap. Don't they ask themselves: "Why is it cheap?"-- could it be poisoned?-- are there any trees on it? Does it have water? -- if so, is it potable? Don't they ask themselves ANY questions besides -- how much? Don't they know basics of what they will require for homesteading? Water, land use zoning, mineral rights, easements, road access, predator protection etc. etc. etc.? No! They are in such a hurry to "live the dream" that they ignorantly end up buying a nightmare with ALL of the money they have. So sad, and completely avoidable, if they had only done their homework!
Like those house flipping shows where they go in with a budgeted amount of $ and then they open up a wall.
Buying someones broken dreams....
Your point about thinking about water and flooding is spot on. We have a huge pasture on our property, but large portions of it are virtually unusable during the spring snow melt and mud season. We've had to get very creative in ways to use the property.
Thanks Becky for you warm reply. I'm now making my own laundry soap, hand soap liquid and soap. I have told so many of my friends about your Homesteading and they are now hooked. Thanks again keep up the good work, hints and all.
Hi Becky. I am currently looking for property, however my idea of a homestead is one that provides, not only food but, water, power, ect. I will be setting up a permaculture system, water catchment system, solar, wind, and water power. In some areas you can even sell back your extra energy to the power companies! Completely off the grid. I forget who said it but I love the saying a home should work for you, not you work for your home. Check out earthship homes. Also remember to read the CCR's! I currently live in Arizona, and I am very familiar with 100 yr floods! We don't get but 7-10 inches of rain a year, but when we get a heavy rain the ground is so hard that the water just runs off and we have MAJOR flash floods. I have been in 3 in the 52 years I have lived here with the water level rising over 20 feet in a matter of a few hours! Floods are very scary and dangerous as is any natural disaster. Call your state and county to find out about water restrictions ect. (in some areas you can't even catch the water off your roof)! TFS Love your videos :)
All that "stuff" sounds great but cost a lot of money to set up. My want list is long, my need list is short. ☀️❤️☀️
Yes it can. We are all different in our wants and needs. I have wanted to be totally self sufficient many years, and I am finally going to be able to do that. It has taken me 40 years to get here! :)
What is a CCR?
A-ha! Thx 😏
Excellent insight from your experience! So easy to fall in love with a property and make really unwise decisions.
Also, make sure your area is relatively stable as far as property taxes/insurance goes. The last place I owned it made over $100 a month differencre after just four years.
Where was this? Property taxes around Houston, TX area insane!
@@melanierust7129 Northwest Arkansas.
That would be why we spent 2 years looking for our place.
Make sure the land percs
I live on a 100 year flood zone and you need a sump pump in your basement so every time it rains or water comes in, it gets pumped out by the pump. You also want to have a backup generator for the sump pump. If electricity goes out during a storm then the sump pump won't work and you'll get flooded inside your house. That happened to my own home back in 2013 when hurricane Sandy came through NJ. Then there is FLOOD INSURANCE which is required in order to get a mortgage. It is separate from Home Insurance and it is EXPENSIVE. Like $4,000+ a year expensive. For us this house was still worth it given the location and the price but now I'm looking for a 2nd property and I will never buy property in a flood zone again. Avoid, avoid, avoid it if you can.
I really learned a lot form you even thought I live in Dubai a desert area
I love your place, it looks so green at the moment. Thank you for the informative advise, very interesting.
I had a variable rate loan. I was told by the lender the rate will never go down, and he said if I wanted to refinance, he would only refi at the highest rate we were paying on. Bad move. the rate went so high we lost the house
Very true about following up on info realtor and seller give you. I once bought a house that the realtor, seller and lender told me was not in a flood zone. Years later I go to refinance and surprise flood zone. It ended up costing me 1000 extra a year in insurance. I don't think they were lying to me I think some how it was over looked. Did the research and the area was flood zone for years before the house was built.
I think they all know, but "overlook" talking about that point. LOT'S of people get taken advantage of for being nice and believing everything the "profecinals" say. ☀️❤️☀️
@@BeckysHomestead Too nice--that would be me! Know thyself....
Thank you these tips are helpful
Thank you for a very informative and helpful advice. Here I am thinking/considering buying a piece of land in a place call Terlingua Ranch, in the Big Bend, part of Texas, with all the negatives that you have mentioned. The land is relative cheap, 20 acres or so, with no water, no electricity, no cell service to most of the area, some places do get internet. The Ranch was subdivided into track with different lots in each track, very remote area, with roads that most of the time required 4x4, and in some places it can take up to an hour or more to get to your land from the main hwy, and the plots of land 90% of them are transverse by access roads that can cut into your property like you mentioned. To make mater worse in Terlingua Ranch, there is the land association which charges yearly fees for what they call road maintenance, which is basically a neighborhood association fee which will have control for perpetuity and can and will place a deed on your property if you don’t pay the association fees, is crazy.
Man, run!
what a bunch of BS. Nice airedale.
You give so much food for thought. It's a pleasure to listen to you. You have my attention.
I am a realtor in Virginia i specialize in rural property. No agent in his right mind will lie to a prospect. Makes zero sense to do that. You can go online to any county GIS system websites and get amazing amounts of info. Flood zones. Zoning. most recent sale. Tax assessment. Etc etc
Easements are the “ right of way”. Sometimes they are old and outdated and can be ended. Depen
depending Some easements are simple and just a shared drive or something. Landlocked property with no access can be used if you ask the town for an “ easement by prescription “. Across another piece of land
You need to ask about possible well and septic Some land cannot handle a septic system. Various reasons. Zoning is important. Don’t try to homestead in a suburb development
Virginia has more private farms than any state. Homesteading has been part of life since early times and still well supported
Thanks for sharing this video with us, Becky! Appreciate your information and insight.
I love your channel Becky. Thanks for all the information and help you put here for us!
I enjoy seeing all your hard work pay off.
We dream to leave like you do, one day we will have it.
Many blessings from El Paso Texas.
you can use the GIS system for every county, and find out all kinds of important information there.
All really good points! It is so frustrating that most every small acreage that doesn't have a house on it has deed restrictions, even the 10 acres pieces sometimes! Damn those developers that just want more mcmansions out there! I agree with not moving too far out too, but for me it's more about being able to socialize more easily.
So far you are like the Oprah Winfrey of Homesteading. Lol keep it up, my husband and i love these videos
oprah winfrey...ewwww...most overpaid hack there is...this lady seems genuine and nice
Lots of good information. Thanks. Bee Blessed Danny and Rita in TN on Rooster's Ridge
You have excellent and valid ideas and thank you for putting out there in such a accessible way.
very, very helpful. thanks
When driving long distance in the rural areas I sometimes wonder how people living way out can get by with such long distances for all your needs. I also wonder about obtaining electricity, water, sewer and garbage needs not to mention police protection or human isolation.
Good points-I once lived quite a ways out of town on a horse farm and went nuts--I'm reclusive but had to jump in my car and drive to the city's coffee shop every morning. I want to be away but not far from people and stores.
Have to know what you can or canot do on your land
I bought 7.98 acres On land contract and paid off in three years. The biggest mistake we made was we never made sure the septic was good and the one lot because there is two septic sewer electric services and one well.So we just had to replace the septic tank and we had to put a bigger pressure tank in the well. And we have to upgrade our electric service because outside on the pole it has the old fuse box service so we need to upgrade to breakers so that’s gonna cost me $2000 the well only costed Me $700 and the septic I am so thankful only costed me $4000 for a new septic tank And the leech bed it pays to know people now that was just that one lap the other lot has a new septic tank already and new electric service already that is only five years old as we had to do was pumped that septic that only cost me $500. But if I would have known about the septic a price of ugly would still buy the land because we got it for $30,000 on a land contract and that was it 30,000 she did not charge us interest which I was so grateful for because my neighbors bought land from her that’s right across from me and she charge them interest so I got a good deal looking at it now I just want to scream because of all the money I had to put out this summer but in the end it’s well worth it.
Many people don’t know you can have a buyer agent. By default a realtor works for seller interest. But you can have a simple buyer agent agreement where the agent works for Your interests in negotiations. And all It’s best to have a smart agent on your side who is a professional and knows the ins and outs of the process and can watch out for these things. That’s their job
EVERYTHING she said not to have on your land happened to us in 2020 when we moved across the entire country for a piece of land. Take notes! It seems intuitive, but you forget one aspect and the whole thing could fail miserably.
100 year flood zones may be turning into 10 year flood zones in today's climate. Be warned. Flood insurance is no fun. Relatives in Fla cannot sell their homes because the flood insurance is so high. The SC coastline is also currently being swallowed up by the sea, and central SC at Columbia was completely swallowed by flood waters 2 years ago.
GenX Wench This is so true! I used to live near Columbia on Lake Murray...the flood a couple years ago was heartbreaking. No one on the lake was affected but everyone below the dam, yeah... 😔 ACKNOWLEDGE CLIMATE PEOPLE.
Good to know!
Thank you, Becky, for all the awesome information! Much Love!
Love your hair!! Red is your color! ❤️ 🔥 look at the all that green! 🌲 🌳 Can’t wait for spring to arrive in maine!
Or septic system in the middle
Hey Becky, love your videos! I love all the knowledge you have. It sure makes you think before doing something. Keep up the great work!
Love the ducks
Shoo fly creek is up for sale in Oregon state if anyone’s interested in buying 1,398 acres it’s listed at $698,000
Excellent questions. Thank you.
Thank you, for the wisdom. (Ps. I *love* your voice, and accent. ♡)
Great Info, Thank you Miss Becky!!
Great video ❤What does no zone mean? Im looking at a piece of land that says unrestricted no zoning.
This is one of the clearest video I've seen on this topic.
Thanks. 👍
Becky! I haven't seen you in years ... On RUclips. You look great in this video. Thank you for your insights.
God Bless u. In the Process and this got me to thinking.
Hi Becky. Thank you for your tips very helpful.
Thank you so much for the information. Your helping out alot of good hard working people.
We inherited land in the desert and it turns out it's in a flood zone 😫 and it's so far out the county won't maintain the road
Thank you for getting back to me, Please forgive me for responding so late. I am purchasing your book..My goal is to purchase 2 to 3 acres of Land and if no house on land i will put 2 double wides one for myself and one for my children. if you have any advice that would be wonderful!
Good advice!! You look lovely in red, btw!!
Downeast Darlin She does
Don't just buy land without checking a few things first. Make sure there is a soil test. This tests the soils ability to absorb effluvent (sewage). You could buy 10 acres and not one square foot will be able to absorb enough water to build a septic tank and leaching fields on it. So, the town engineer and Planning and Zoning (P & Z) will not allow any home to be built on the land. Also, make sure the town will allow what you want to do on the land. Do they allow animals that you want to have? Will they allow the number of animals you want to place on the land. Will the land support a home foundation, is the land determined to be wetlands or in a flood plane (check with FEMA about the flood zoning.) If this is a wetland, can you build a home on it with the water table being so high? Again, a high water table will not allow fluids from the septic tank and from your washer and sinks to be absorbed. Is the land in Probate Court? Is the title clear? Many questions.
I'm in agreement on flood zone, insurance for that is through the roof.
Check with a local pizza place. Some places (like mine) are just outside delivery area.
Thanks for the tips, very useful!
Thank you for the video and you have a beautiful property!
I live in the county but still a couple of blocks from the city limits. I can have ducks, chickens, etc. Just would like to have the ducks and do they make good guard dogs like my Doberman?
Jeni Hansen they make really good guard dogs every duck my family has had they sit up on the front fence and they squark and flap every time someone went past or if a car drove in 😂😂😂
Thank you Melissa. A neighbor of ours in Arizona had guineas. You are right. They are great watch birds.
Avoid HOAs if you can (they're run by Fascists, often times)
Allysse Hannaway
Roman armies used geese as watchdogs (& breakfast, too)
In my opinion a well with good, clean drinkable water is essential ...also... that the land perks for a septic system to be able to be put in.... and electricity capabilities ARE THE MOST IMPORTANT requirements for land perchance. ... without good clean drinkable water, the land is worthless without the ability to have a septic system the land is worthless and reliable electric is a must.....but yes...all of her other points are extremely important too to factor in before purchasing land. But water, septic and electric are the most important.
@@plumber1227128 Electic availablity is important for resale value and comfort. Your water pump won't work without reliable power to pump it.. If you ever want to sell you need the land to be desirable to everyone not just "off grid" promoters who unfortunately are rare.
@@plumber1227128 Duhhh be "independant" all you want...You can catch rain water, filter and use it on land that HAS A WELL...you can use an out house on land that perks for a septic tank.. you can use solar, wind or propane on land that is wired for electricity..NOONE US STOPPING YOU FROM BEING TOTALLY INDEPENDANT...My point is the VALUE of the land is limited to buyers who only feel the way you do if you go totally off grid..if you ever want to sell...you have VERY limited buyers instead of EVERYONE. You may not think right now you would ever want to sell...Believe it or not...most off grid people do eventually move...most home owners move 11 times in their lifetime...so never say never...I'm just trying to save people from owning a white elephant they can never get there money, effort or "energy" (pun) out of. Your are a die hard activist, rebel against societal advances and interdependence created for the greater comfort of all...good for you....but don't encourage others to throw away money and sweat on property that can't , won't and is very limited on potential future buyers...so they would be STUCK WITH IT...You heard her say putting in electrification lines can be very expensive...I'm trying to inform for other peoples benifit...your trying to "convert people" regardless of potential future financial harm to those who you "convert". I care about people...and preventing finacial harm....you care about spreading your die hard activist attitude.
Great talk...🍎
Thank you for wonderful info and clear and easy to understand explanations☺
What is a "short sale" and why would a lender want to do that instead of foreclosing on the property?
Hey I can answer that! I made a living buying land and houses. I made one of the best buys of my life on a short sale. A small tourist town in Maine. A local guy was loosing his valuable commercial property. Had two houses on it. So everyone knows everyone and all the people who invested in property like myself were waiting for it to be foreclosed and go on the auction block. First of all you need to understand that banks do not like to foreclose. REO...real estate owned. It can be very costly. I approached my neighbor. Bill Skiff was his name. He was an alcoholic. We went to the bank and he owed approximately $260,000. I offered the bank 250 which meant they had to forgive ten thousand....they jumped on it. I was even able to purchase it on my signature. 0 cash down. Very nice! This was because I had a proven track record. It would probably have sold for somewhat less at auction after loss of time and legal fees. That's it! A little side story. I decided to make it into a b and b. He had been in the insurance biz and there was a beautiful sign that said Skiff insurance. So I had a sign painter cover up "insurance" and change it to Skiff House Inn!! By the sea...Skiff!! I thought it was brilliant...signs can be very expensive. Well ole Bill went nuts... badmouthing me etc. Really didn't bother me cause the guy was not right in the head at the time. But if I had it to do it over again I would not have used his name!!! A year later my wife...ex wife ...got it in the divorce!! She sold it three years later for 450!!! Ouch!! But worth every cent!!! We just were not compatible...maybe a little too much info...just reminiscing!!! Best business in the world....land ..they ain't makin any more of it!!
A lot of what this lady is talking about is very good information. But it is very basic and her lawyer should have informed her of deed restrictions, right of ways etc..you absolutely cannot trust a real estate broker. I could add several items to her list. The most important of which would be to find out about the neighbors...we are talking about major investment. I visit a property several times before I buy it. At all hours. 1..2...3 in the morning...one time I found out why the property had been on the market for a long time and was so cheap....t was a rural property and there were two brothers who liked to shoot their guns at night....a lot!!!! I passed on that one.
Many people believe banks are dirty rotten scoundrels...and while that may be true on occasion they still have to deal with the law. There is no upside with an REO...if the auction results in a larger payback than the original note plus costs , that money goes to the original owner. In practice this seldom happens and the bank will usually take a hit!
@@vincentconti3633 You should make some videos. You sound like you have a vast amount of good information, lots of 1sthand stories, AND some personality. 👍
My family and I are working on leaving south Florida to return to my birthstate of KY, thanks for the inspiration and information. Seems overwhelming at first but we can't wait.
i found ot the hard way.i was purchasing 1.5 acres, but then i looked deeper into the hoa,it was said like this,on land zoned by county ag, hoa said, no fowl or swi e allowed....this was in a rural area,zoned ag land. i lost almost 2 grand...
Anybody know, In most Florida counties away from the city (unincorporated in my case) what's usually the law about storing stuff on vacant residential lots? Say you left heavy equipment on your lot that you own and pay taxes on, can somebody file a complaint? Can you get a citation? I'm asking for myself. I am sure if I ask the county they will give the textbook answer of you can do absolutely nothing with your vacant lot until you build and get occupancy... and btw, taxes are due.
Can you make a video introducing all your chickens ( breed and name) I need name suggestions
I have a variable on my credit card it has never gone down.
I know this is a old video but thank you..i didnt think of the flooding thing
*"Where did you purchase your selfie stick?"*