I'm considering purchasing a piece of property. What are some of the most important factors to consider/questions to ask?
Your neighbors. Depending on how big the land is, there is a good chance you would have to track the deer to another property. So if you don't have neighbors that you can get a long with. There can be problems in the future. Most states has a database with landowner contact info. Try reaching out and get a feel of their personality.I'm considering purchasing a piece of property. What are some of the most important factors to consider/questions to ask?
I take the number of bad encounters on public land from folks here, and compare it to the number of bad encounters with neighbors on private.
Those two numbers are very close together.
There are way more people in here hunting public than private.
I take that piece of information, current interest rates, the carrying cost of owning real estate the next 10 years versus the cost of “renting” land to hunt in various ways, and ask myself: unless I’m paying cash, and unless the land value is less than 10% of my net worth, why am I considering buying land?
What are your goals? close to home hunting honey hole? couple hour away retreat? do you want to lease pasture/haying/row crops to a local farmer? potential homestead? timber harvest?I'm considering purchasing a piece of property. What are some of the most important factors to consider/questions to ask?
What do you mean by the surveyors comment?Buy it if you can afford it. They aren't making any more of it and its value will only increase.
Watch out for surveyors.
I assume neighbor-hired surveyors encroaching on your property.What do you mean by the surveyors comment?
Cash and less than 10% of net worth.
It's a profession full of ner do wells. They may seem nice and innocent enough but rest assured they're scouting more than they're surveying.What do you mean by the surveyors comment?
What do you mean by the surveyors comment?
Apparently @Glenn has had a bad experience with a surveyor. There are bad ones, just like any profession.
I would strongly recommend that you have any property you buy surveyed by a professional and reputable land surveyor. I have been in the land development/surveying business for 20 years and been a licensed surveyor for 15 years. I have seen way more incidents of people not getting what they think they are buying than I have people getting a raw deal from a surveyor.
I have seen people buy 65 acres that ended up being 20. I have also seen people buy river front property that didn’t have river access. As well as many other things that could have been avoided with a survey.
It will be expensive but, not in comparison to the cost of the land. DO NOT hire the cheapest surveyor. Do you hire the cheapest attorney? Or go to the cheapest doctor? When you hire the cheapest surveyor you get the guys like @Glenn mentioned.
I need a sarcasm font it appears.