Almost anyone can become a rural property owner; if you are willing to set goals, determine your goals, plan ahead and set all goals that meet the same results. And, if you can be patient and don't need instant gratification.
There are no more than 50 acres of land; unless you calculate some properties that are inaccessible and unusable, they can sometimes be used on 10,000 acres or more of the plot; even these attributes are rare. However, if you are willing to be creative in your expectations and the way you use and modify your property, you can now get rural properties more reasonably than in the past.
If you are eager to find country property, you may not be able to find what you want. There are fewer and fewer buyers of rural real estate, but many dreamers have not considered reality. There are very few bargains, because most people with rural properties know who to call first when they want to sell. If the property is really cheap, it will disappear by one of the top ten calls issued by the seller. However, if you are willing to "beyond regular thinking," you may end up with a cheap property.
Twenty or thirty years ago, thousands of people bought the dream of "live on the farm and make a lot of money" in Sussex, Delaware – the world's chicken farm capital – Millions of chicken houses, homes and acreage of chickens for everyone who lives here. For a while, it is possible to get a "contract" from the chicken farm to the bank, only as a collateral, to get about 10 acres of loans, a family and at least one chicken coop. Many people soon discovered that the so-called contracts had beautiful prints and terms, which were beneficial to the chicken factory, and no one supported the chickens. Soon, most chicken farmers are working full time to help support the chicken business they buy, as well as mortgages of $200,000 or more, and sometimes even more.
Now, when I evaluate a chicken farm with farms and acreage, I rate the working chicken farm as zero – which is indeed too high in some cases. There are plenty of easier, better smelling, cleaner jobs that you can buy for around $200,000. If you want to raise chicken, you should be prepared to spend at least a million dollars. You can of course fund it. If you don't mind the smell, you can build some 15 to 20 acres of chicken houses around your home. Then the best way is to rent the business to someone who runs at least 20 or 30 houses.
When considering moving to this country and living in this country, you can do something sensible. The first is to rent a small house in the area you want to live in – either move there or at least often go there to get to know the area. If you have lived close enough to drive to your dream area every day, start doing this and start frequenting the shops, churches and restaurants there. Stop selling in the yard and inspect cars, trucks and equipment sold in people's front yards. To be honest, tell them that you plan to move into the area, want to know your neighbors, and if you are really interested in what they sell and are willing to buy it at your price, stop shopping. Rural people have a built-in truth detector, which is usually accurate. Don't try to BS on them, otherwise your reputation will precede any other data you have.
I suggest you subscribe to a good magazine about rural life, or two or three books. One of the best starts is Backwoods Home Magazine; www.backwoodshome.com first visits and reads everything online, then gets a subscription and then buys all the back issues that are bound to the soft cover book.
If you are eager for a simple life in old-fashioned life, such as in a wooden house, away from the civilization, check out: www.homestead.org
If you can take away your income, keep your current income, and don't need the work you go. Then I suggest you rent a place first and then start spending more and more time in a good place when you start testing your transition resources. Know people when renting a house and see if you are suitable for them. I promise that they are not going to change to meet your parameters. Most people who came to the country from the city began to try to change the area they moved in and the new neighbors, more like where they left. They shouldn't leave, or they should go back there – and most neighbors will tell you.
If you move to an area as a renter and find someone you like, they find what you like and you may have found the right area. However, in rural areas, ten miles can have a huge impact on lifestyle and regional ethnicity. Please don't move to a resort town, such as Rehoboth Beach where I work, then don't check it, try to move into a place like Oak Park [a small country seaside town where I live], otherwise you will experience some near The cultural impact of the terminal. I like the place where I live and the people I live here, but I hope that no one of them thinks that I intend to change the way they live here!
Once you have zeroed a zone and visited it a dozen times or better, then rent a place there and start a short stay there; I suggest you join a group and organization as a part-time member and let them know you. Still not full time, but hope to be. They help. Don't try to guide them or help them do what they have done better; try to help them according to their own conditions. You need to learn the rules of this new game, this is their game and their community. Most of you will become a popular member of the community. You will never be equal to those who bury and build four or ten or three generations of families there. For example, in our region, those who have only been here for sixty years are still not seen as "from here" by those who have come here since the 16th century or later.
Once you have looked at dozens of properties that you are interested in, it may take a year or two or more; you will begin to appreciate the different micro cultures of the region. You will begin to notice differences in soil, roads, well water, septic system functions and road access; not to mention differences in government regulations and enforcement. Find the perfect property every time; sign a contract “waiting for research and discovery” and check the property of neighbors and professionals during this period. You should check your neighbors first, many people, they already know everything the professional will tell you.
I hope that you will sign a contract and deposit through the second or third property; you will have one for you. Keep in mind that if the property is cheap, something will be missed in almost every case. What you need to do is figure out how cost-effective it is to you; because you have an unusual use, ability or way to easily change the property to suit your needs.
If possible, buy through a real estate agent. Sign a buyer agency agreement with your agent so that he is loyal to you – otherwise, according to the law, he only pledges allegiance to the seller, and according to the law, you are in a confrontation with the seller and the real estate agent. Signed under the buyer's agency agreement, your agent is now legally supported by you and is an objector to the seller and the seller's agent. Ask your agent to provide you with all comparable sales data [if any] in the multi-list service. If you do not hire an appraiser, once you have the property under the contract, [the contract is made possible based on a satisfactory assessment] and pay the assessed price. If you sign a contract price that is too high, please renegotiate the contract; if you find that you have a real bargain; you should of course double check your broker and appraiser to find out why. It may be because it's "reasonable" price makes it impossible for you to sell it is not important to you – and you do bargain.
Maybe your employer or consulting job or your self-employment may allow you to work remotely. But if you can't work remotely to maintain your current income; before you buy in a certain area, first understand whether you have the right to market skills, there is demand in the area. This will give you some assurance that you will not become an economic death. Most people who moved to rural communities did not check how they would make money in new locations, and because of insufficient income, they had to sell their property at a loss for five years.
If you have retired, make sure that the hospital, doctor, store, restaurant, etc. suits you in the new location – or very sure you will be able to live comfortably in the new area, anyway.
Before we reach retirement age, some of us can't save enough money to buy our rural dream property for cash. However, we may provide a small sum for the down payment, and we have reason to believe that we can sell our skills locally to meet the payment and put the bread on the table [but please don't just guess this, please check it out].
Even if you find that the land area of $5,000 or less per acre is small [10 to 50 acres], the soil is of good quality, the water is abundant, and the price is low, the viable septic system has good prospects – many banks and mortgage companies are Financing is not optimistic about the land. However, seller financing is often another easy-to-structure method of purchasing raw land. In fact, it is not uncommon to get twenty, thirty or even forty years of financing from the seller with a 10% or lower interest rate. Of course, in order to build a property, you usually need to use a home financing loan to repay the seller's mortgage. The price of the land you pay, the down payment, and the original payment during the ownership period and any appreciation of any land value will be considered part of the down payment for your home loan.
Carefully set up your payment so that you can pay for land payments and current housing costs. You can save thousands of dollars in interest by minimizing the loan period. Also, please make sure that your seller financing voucher does not have a prepayment penalty.
However, you can often buy existing homes on acreage, which is much cheaper than planted and built similar homes. You can often rent a property to pay for part of the cost, and arrange for the final relocation to rural happiness. If you are interested in buying a 100-acre racecourse, buildings, fences, paddocks, etc., you can usually save nearly 50% of your reconstruction costs; but there is almost no market for renting such properties.
If you find that “more than five acres” of homes and buildings need to work but are well structured, you can save 30% or even 60% of your reconstruction costs. Especially in the Sussex County of Delaware, you can get more than 5 acres of land under 5 acres that are classified as non-agricultural, and you may not want to do this when you develop your own rural lifestyle.
Most people ask me 20 to 30 acres or more. But let's take a look at the reality here. The football field occupies three-quarters of an acre. Therefore, 5.1 acres or more is a very spacious living area. If you want horses, think about 15 acres or more. Each horse needs an average of 5 to 9 acres, depending on how you decide to raise the horses; in addition to your home, driveways, buildings outside, gardens and other non-fenced areas, there are many people who want to A horse, two horses, three horses or four horses enjoyed by the family. If this is the case, they will need about 3 acres or more of land for home and other human-related improvements, and should add an average of 7 acres per horse or ponies.
If you have a dream of self-sufficiency; living outside the grid, away from everything… In fact, this is actually impossible, but it is most common when you are in the dream stage. Before you buy, you can save a lot of trouble by agreeing with what you can actually afford and what you can actually have.
Solar power is much more expensive than buying electricity from power companies, wind power is unreliable, water is expensive and difficult to arrange; now I want to get a lot of arguments from people who have read everything but have no real experience – but I won't get any from People who have done it get any valid arguments [unless they simultaneously try to sell ideas for others].
There are a lot of good articles in Backwoods Home Magazine; but most of them save on initial costs, maintenance costs, and almost always replace the wear parts of these so-called money-saving off-grid systems. However, you can design a passive solar home, with most of the windows facing southwest and rarely facing the other. Most older farmhouses are designed this way, but not all farm houses have good insulation.
Location: Supreme. Our real estate agent does not shout "Location – Location – Location" like a spell. It is important to just understand its meaning because the location has different parameters for different purposes. The location on the main road is a necessary condition for commercial activities; livable life and good working position are necessary conditions for residential property; the location of rural principles is sometimes a matter of life and death, or at least a problem that rural families are feasible and unable to solve. .
I suggest that the right place for rural life is usually not the best beach, ski resort or lake, but a more reasonable location is close to a rural town where many or most locals live in rural areas. In our region, everyone wants to occupy 10 to 30 acres near the beach. After finding the price, they dream about 1 to 5 acres, but rarely get it. If they find it difficult to find it, use it for rural purposes. And enjoy it, when your neighbor complains about your cock, tractor noise or fertilizer smell usually makes this semi-rural position lower than your dreams.
If you are not buying land in some popular or scenic wonderland, you can still find something to buy in a place that is not so “romantic” in the county, especially on the edge of a small farming community. In Sussex, I recommend the southwest of the county, west of Millsboro, near Gumboro, Delmar, etc. to get the best rural environment and the lowest price. There are very few properties in the area, but fewer buyers face the reality of better rural life.
If you are an independent rich person, that is another matter. There are some lovely farms on the cliff overlooking the Pacific Ocean near Carmel, California; where movie stars live, if you can find a hundred acres of farm, you can get around $100 million plus the value of improvement. That's what you can expect to pay for the acreage near Rehoboth; and it's easier to find. The farther away from the "ideal" location, the fewer people buy it and the lower the price. This is an interesting anecdote; a few years ago I had several people coming to me and wanted to buy a hundred acres of horses on the waterfront near Rehoboth; they could easily afford a price of around a million acres, but they After a more reasonable study, it eventually purchased twenty minutes of land in the interior.
Before you search for a property, sit down with paper and pencil and any partners or family members. You may find many surprises as you begin to write down on importance, desire and unwanted things. Most importantly, you know what you have to have and what you can do. List the features you think a region must have in order for you to consider relocating there. This may include climate [and therefore growing season], within a certain radius of the population center [or some distance from a person], and the availability of certain facilities or services. Less than 20 miles from an airport or hospital may not matter for one family, but may be crucial for another.
The most important item in this list is to consider the social and economic environment of the area and how you will fit into it. Even if you are independent and wealthy, the economic environment of a region will affect how you adapt to it. Can a wealthy but boring social person enter the economic Appalachian and truly find satisfaction? Perhaps, but first consider the "necessities" of the life you are about to leave. Do you need to participate in a symphony or visit a quality library on a regular basis? Is high quality clothing shopping or other shopping important to you?
Make a reasonable income and learn the importance of the countryside: it may be the most important part of your life.
Those of us who are not independent and wealthy need to consider ways to support themselves in the new environment. Of course, "live on the land" is not everything that is cracked, unless you become a vegetarian, it is not even legal; it is illegal to look for meat every year. If you try to do it on public land, even gardening or collecting wild food is not legal.
Before moving to this country… an important question to ask [and to make sure the answer is yes] is: “Does the region have a large enough population base to allow one to find a good job? One is; "Does it have a diversified economy? Many communities seem to have good employment opportunities, but after careful inspection, they have become based on the same industry, such as entertainment, chicken, fishing camps, skiing, ocean swimming and water sports, timber or mining or agriculture. If the bottom is not in a single industry, or if there is no snow, or the water is contaminated and put on use… Many people in the town can prove that the entire region's economy has collapsed – FAST ….. Quickly withdraw your investment.
If the economy of a region is mainly based on tourism, such as our tourism in Rehoboth, Lewes, Dewey, Bethany, and Fenwick, then the service industry [porters, restaurants, etc.] may have many job opportunities. But most of this work is paid. Wages are low and these jobs are often seasonal. Land prices in many resorts tend to swell and our prices are higher than most.
A few years ago, I was surprised to find that the most expensive area in California is not expensive compared to Rehoboth and the surrounding area.
The minimum wage income is unlikely to make a person living comfortably in the resort community, let alone buying a property! An extreme example is Aspen, Colorado. This beautiful ski resort community is a very expensive place to live. It is difficult for local fast food restaurants to find employees because there is no reasonable price for the place where they live. Some of these companies actually have to provide housing to attract employees! It is a bit like in the Rehoboth area. As you may know, Grotto's Pizza, our largest employer in our region, has provided space for many of their employees. Now, many of our resorts help to live together in “three bedrooms, twenty-two bedrooms” apartments and homes. Many of our seasonal employees are imported from Ireland and elsewhere – and live in a dorm style, often sleeping in shifts.
If you are a computer professional, you are fortunate because the "Information Age" has created a class of professionals who can survive in poor rural areas – computer entrepreneurs. With a fairly good dial-up ISP service, maybe a cable modem [in Millsboro and some parts of southern Sussex] phones, computers, printers, modems and faxes, people can now be on the phone and around the world in the country and around the world Roaming the Internet. Some people, this is a fast-growing part of our buyers, who can work for a distant company at home [perhaps once a week or once a month, or twice a week for my customers] or create a new business as a consultant. Do the same for the same company they currently employ. Using business cards and digital tools, although it is a laptop and other portable digital tools, it seems to have a large traditional business, and it can be very profitable.
Computer-based businesses are great for rural life. They are becoming more and more important, and as a means of getting rid of commuting in big cities, these big cities quickly become too dangerous. If you have not yet entered the computer, you will have to consider whether there are skills that can be sold in areas of interest to you.
Make sure that the location you choose [a] has the purpose of the skill and [b] is not satisfied with the unemployed with the same skills. One of my best friends is a fabulous carpenter, home builder, cabinet maker, and proficient in many other areas, such as welding, car mechanics, some degree of gun manufacturing and possibly more than a dozen marketable pairs. Road skills. He moved to a rural area of Virginia, where his dream home was over a hundred acres and his income plummeted. He is back here now, I am very happy even though I am not common to him. Driving his business is very happy, knowing that he is back nearby.
Please move to the new rural area… subscribe to the nearest newspaper in the area you are considering, read the economic and community sections and the ads that need help. If there is an embarrassing "help wanted" section in the local newspaper… please note. On the other hand, this “frustrating” situation in employment news may mean that real estate prices in the region are cheaper?
Other things to consider
How is your health and age? Do you now or do you often need medical services that are common in most cities?
Although they are necessary, seriously consider at least 25 miles from the nearest freeway system. These “criminal pipelines” that span the country are not only law-abiding citizens, but also lonely criminals and gangs. Gangs and other thugs tend to use corridor towns near highways as their “banks” and they are good at “escape”. A small town where writers live is only a few miles from the highway exit. One night, two men left the highway, robbed a motel, and returned to the highway soon. They have never been caught. Imagine what these corridors might become as our cities and suburbs continue to deteriorate!
When you find the area you like. . .
Once you have identified where you want to move, please visit multiple times, preferably at different times of the year. Understand which areas are desirable and which areas have problems. Check flood plains, have problems entering areas, water problems [not enough, too much or poor quality], noise problems [yes, even rural areas may have noisy places], or other problems specific to a particular area. Some rural “communities” have a bad reputation. Find out why before buying it there. If the price looks incredibly good, maybe someone is trying to solve the problem.
If you are looking for undeveloped land where retreats can be built, learn about the water table: depth, quality and reliability. Understand the cost of drilling to the required depth in the area. Water should be one of the most important considerations in any land purchase. In Sussex, we are fortunate that we generally have good water [regardless of what the media and pseudo-environmentalists say] and drilling is relatively cheap.
If they are not in place, find the proximity of utilities and costs to bring them in and connect. In some areas, the cost of connecting power line grids is too high. Some of these same areas may be detrimental to cheap wells or corruption. But if you can think outside of the routine, this can be an advantage. For example, our Fowler's Beach property is not conducive to running wires, getting good water from shallow wells or buildings and cheap sewer systems. So you can get a small amount of money on the private beach for the waterfront area, the cost of electricity, water and sewers plus the cost of the property is negligible!
Once you narrow your search to some areas in the target community, check out a few properties! Real estate agents like ours can help a lot, not only to show you personal property, but also to tell you about the general area. There is no need to limit yourself to a real estate agent. But you should choose ONE to cooperate as soon as possible, get their allegiance, and it is best to sign a buyer agency agreement with them so that they can pay attention to your best interests! If your real estate agent is too harsh on you or doesn't show you the type of property you are interested in, look for another one; if you have one [in writing] and let the real estate agent listen to what you want and Provided to you, then please make sure that you cancel the buyer's agency agreement.
And don't forget to watch the newspaper and check the property within your price range and the area of interest sold by the owner. Sometimes, working with the owner can get the best price; if you have a buyer's agent, even if you check the property with the seller, the agent can ensure that you have sufficient information and protection.
You will also need a Delaware attorney to assist you with the closure of the hotel. It is important to know that all lawyers can do real estate settlements, but only a few are worth using. Lawyers specialize in that only three to five people focus on real estate – for others, real estate settlement is embarrassing, no matter what they say… they usually make mistakes, and these mistakes can be terrible.
When you find a property you like, don't let it ignore your shortcomings. Do your homework whether you work with a real estate agent or not. Remember that unless your real estate agent is the buyer's agent, he or she is working for the seller. Most real estate agents will contact you in advance for all your questions, but they are also bound by the contract to get the best price for their customers [sellers]. And, according to the law – when they work for the seller, even if they understand these things, there are many things that may not be revealed to you.
First, ask the seller or real estate agent all the questions about the property. For older homes, this may include ages for wiring and plumbing, basic types, and problems in certain parts of the country when the insect problem was last checked. This is especially important near beaches and wooded areas – termites are common.
Then talk to your neighbor. In the rural sense, “neighbors” are people who live within five miles of the hotel; sometimes even more, if the property is on a long road without intersections. Ask them about the area, the people, any problems in the area, especially if they know that you are considering buying a property with any shortcomings. If they don't seem to be willing to talk to you, this may be a red flag that you shouldn't ignore: maybe they want to buy a property but can't afford it, or they don't like foreigners buying property in their area. If you encounter this situation in several conversations, you may have difficulty getting along with your neighbors. Buy – and stick to it – Whether you own a house or a building, this piece of land will require your creative planning, patience and caution!
If you must make a transaction or quit. . .
Today's expensive property will be tomorrow's bargain. Don't be discouraged by short-term obstacles. In the long run, land prices will rarely decline. Obviously, there are many things to consider when buying rural land instead of buying it in the city. One of them is to buy possible problems in the “prosperous towns” area when you don't want to be part of a boom.
It's important to consider whether your dream location will become less satisfying when more people move there. For this reason, it is not uncommon for people moving to rural areas to “close” after arriving there. They realize that if too many people migrate to the small community of their choice, it will eventually lose the qualities that appeal to them. Unfortunately, no matter how hard people try to keep secrets, people will find these wonderful places. Some communities deal with growth, while others do not. Check what type of plan and partition are in your selected area. A community and growth plan for the future is much better than those with a well-developed community. They think "this can't happen here." Growth will not only happen but also happen.
However, without natural disasters or devastating man-made disasters, the value of the land will not decrease. Buy, use, live, improve, like it. Land is the best investment you can make for yourself and future generations.
I wish you a smooth search!
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