3 Things to Know Before Buying Land

Are you ready to buy land in the country? When buying rural land, it can be challenging to know where to begin. Tyler Rosser discusses utilities, deed restrictions, and price per acre in the video here.

AgTrust Farm Credit has been in this business for more than a century, and with that experience, we discuss ten factors that you should consider before making a purchase.

What to know:

Utilities: If you’re going to get into buying rural property the first thing you need to look into is going to be utilities, like electricity, water, and septic.

Deed Restrictions: You will also need to understand what restrictions are on that property such as fence lines how many animals you can have on the property where you can build what you can build. Another thing to consider is the rules and regulations in place with drilling or inserting a septic system as these things can vary from county to county.

Price Per Acre: A certified appraiser will visually inspect the property as well as the title to make sure the value of that property is appropriate. They will also compare sales in the area to make sure the sales are in line with what your property is listed for.

Contact AgTrust Farm Credit Today

Buying rural property requires careful consideration of many factors. By understanding these 3 factors, you can make an informed decision that meets your needs and intentions.

But if you want to discuss your needs in more detail, you should talk to our rural land financing experts at AgTrust Farm Credit today!