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		<title>Tips for Buying Rural Real Estate</title>
		<link>http://www.texaswaterfrontranches.com/2009/09/tips-for-buying-rural-real-estate/</link>
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		<pubDate>Mon, 21 Sep 2009 15:58:41 +0000</pubDate>
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		<description><![CDATA[Farm Credit specializes in financing rural real estate in the south, and they offer plenty of free advice with their Fenceposts Blog and Landscapes Magazine articles. 
Also on their site, they offer Tips for Buying Rural Real Estate. These tips can be helpful for both someone new to ranch real estate or anyone who wants to make sure nothing [...]]]></description>
			<content:encoded><![CDATA[<p>Farm Credit specializes in financing rural real estate in the south, and they offer plenty of free advice with their <a href="http://www.findfarmcredit.com/farm-credit-bank-blog.aspx" target="_blank">Fenceposts</a> Blog and <a href="http://www.findfarmcredit.com/farm-credit-bank-landscapes.aspx" target="_blank">Landscapes Magazine</a> articles. </p>
<p>Also on their site, they offer <a href="http://www.findfarmcredit.com/finance-property-agriculture.aspx" target="_blank">Tips for Buying Rural Real Estate</a>. These tips can be helpful for both someone new to ranch real estate or anyone who wants to make sure nothing is overlooked.</p>
<p>1. Local Advice</p>
<p>Get the advice of a <a href="http://www.dmtx.com" target="_blank">local Realtor</a> or loan officer who is both experienced in rural real estate, and knows the area well. They will know the local market, may know the histories of the properties in the area, and they can put you in touch with contractors and service providers.</p>
<p>2. Infrastructure</p>
<p>Be sure to ask about water and sewer services, trash pickup and road maintenance, school bus service, electric, phone, cable and high speed internet.</p>
<p>3.   Tax Advantages</p>
<p>A rural property may qualify for a tax credit, special appraisal or direct exemption. There may be existing ag exemptions.</p>
<p>4. Environmental Factors</p>
<p>By law, the presence of endangered species may limit ability to do some things like clearing brush or constructing buildings. Federal law also holds landowners accountable for contamination cleanup even if it occured before they owned the property &#8211; buyers can predetermine some environmental hazards and obtain  some liability protection.</p>
<div id="attachment_323" class="wp-caption alignright" style="width: 310px"><a rel="attachment wp-att-323" href="http://www.texaswaterfrontranches.com/2009/09/tips-for-buying-rural-real-estate/llama/"><img class="size-medium wp-image-323" title="llama at Sandy Ranch" src="http://www.texaswaterfrontranches.com/wp-content/uploads/2009/09/llama-300x225.jpg" alt="Sandy Ranch" width="300" height="225" /></a><p class="wp-caption-text">Sandy Ranch</p></div>
<p>5. Codes and Restrictions</p>
<p>Government restrictions, county subdivision laws or extended territorial jurisdictions may affect subdivision of land.</p>
<p>6. Insurance</p>
<p>Some providers might not offer insurance for outside of city limits.  Your Realtor or loan officer can help.</p>
<p>7.  Local Land Use</p>
<p>Pay attention to what others in the area are using land for (for example, if you are ok living next to a large livestock operation) and any proposed developments.</p>
<p>8. Property Improvements</p>
<p>Improvements (such as fences or walls) can be expensive, especially on large properties. Certain improvements (such as septic systems or wells) may require certain county permits. Look into any permits and construction costs first, as well as needed well depths and septic system requirements for the soil conditions.</p>
<p>9. Maintenance Costs</p>
<p>Landscaping, repairs, equipment, and any building will all require additional costs.</p>
<p>10. Financing Country Homes</p>
<p>Some mortgage companies may only finance a certain number of acres, <a href="http://www.dmtx.com" target="_blank">your Realtor can help</a> you find a lender and the loan you&#8217;re looking for.</p>
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