02. May 2013 · Comments Off on Buying a Farm · Categories: Recent

Statistics of people opting to live in the rural areas is increasing. More and more people are moving from the cities. Cities have become less livable with pollution of all sort, crime and unemployment being on the rise. This is particularly so for the old and young people although the revisions vary. While young people are looking for jobs in the farms, the old want to live quietly in the ranches.

Whatever the case, it is still unfortunate that people buy land before researching and making right decisions. This becomes painful to find that things are not exactly what you expected. Now, the following are the things that you should consider when buying a farm.

Electricity and Water

For a successful farm as a business, you will definitely be needing electricity and more importantly water. Most farms are far off the road where you will need to drive or walk for a considerably long distance to get to the firm. If such is the case, electricity and water are most likely not connected. This can be expensive especially when you have uncooperative neighbors. Consider the cost of these things.

Boundaries

You have to understand that you are looking for a home and the seller in doing business. There will never be a shortage of unscrupulous business people. Make sure you are shown and know all the boundaries of your land.

Easement

This is when you will have to use someone else’s property to get to your place or vice versa. If this is the case, then the seller should let you know otherwise you will have problems with your neighbors.

Restrictions

This can be very devastating at the end when you find out that your land is a public property or is allocated for a public project. Make sure you are informed of any future plans by the authorities in that area. The best way of doing this is, knowing the reasons why the seller is selling their property.