Buying Country Acreage and Rural Properties, To Buy or Not To Buy

Almost anyone can become a rural propertyThere are some lovely farms on the cliffs
owner; if you are willing to set goals, establishoverlooking the Pacific near Carmel California;
what your purposes are, plan ahead and setwhere the movie stars reside and if you can find
targets that are all aligned toward the samea hundred acre farm you may be able to get it
result. And, if you can be patient instead offor a hundred million dollars or so, plus the value
requiring instant gratification.There is no moreof improvements. That is about what you can
$50-an-acre land; unless you count some of theexpect to pay for acreage near Rehoboth also;
inaccessible and unusable properties that areand it's a little easier to find. The farther you go
sometimes available in blocks of 10,000 acres oraway from the "ideal" locations the fewer people
more; and even these properties are rare. Butare looking to purchase it and the lower the price
you can get rural properties more reasonably nowis. An interesting anecdote here; I had a couple
than in the past IF you are willing to be creative income to me a few years ago looking to purchase
your expectations and in the ways you use anda hundred acres or so on the oceanfront near
modify the property.If you are in a big hurry toRehoboth, for horses; they could easily afford the
find rural property, you will likely not be able toprice of a million an acre or so, but they ended up
find what you are looking for. Rural propertiespurchasing land twenty minutes inland after they
have fewer buyers who want to purchase them,did more reasonable research.Before you go out
but there are plenty of dreamers who have notlooking for property, sit down with paper and
considered the realities. There are seldom bargainspencil and any partners or family that will be
available because most folks who own ruralinvolved. You may find numerous surprises when
properties know exactly who to call first whenyou all start writing down importances, desires,
they want to sell. If the property really is aand things not wanted. It is most important that
bargain it is gone with one of the first ten phoneyou know what you must have, and what you
calls the seller makes. However, if you are willingcan do without. Make a list of the features you
to "think outside the box" of convention you mayfeel an area MUST have in order for you to
end up with what is a bargain property forconsider relocating there. This might include things
you.Twenty and thirty years ago thousands oflike climate (and, thus, growing season), being
folks bought into the "live on a farm and make awithin a certain radius of a population center (or
fortune" dream of owning a chicken house, homemaybe a certain distance AWAY from one), and
and acreage in Sussex County Delaware -- theavailability of certain facilities or services. Being
chicken capital of the world -- where there arewithin 20 miles of an airport or hospital may not
several million chickens for every person whomatter to one family, but could be of vital
lives here. For a short while it was possible toimportance to another.The most important item
take the "contract" from a chicken plant to theon this list is consideration of the social and
bank and with only that as collateral, get a loaneconomic climate of the area, and how you will fit
for about 10 acres, a home and at least oneinto it. Even if you're independently wealthy, the
chicken house. Many folks soon discovered thateconomic circumstances of an area can affect
the so called contract had fine print and clauseshow you will fit into it. Will a well-heeled but
that were all in favor of the chicken plant andbored-with-society person be able to move into
none in favor of the chicken grower. Soon mostan economic Appalachia and truly find
chicken growers were working full time to helpcontentment? Perhaps, but first consider the
support the chicken business they had bought,"necessities" of the life you'll be leaving. Do you
along with it's mortgage of $200,000 or more,need to regularly attend the symphony or visit a
sometimes much more.Now when I appraise ahigh-quality library? Is high quality clothing shopping
chicken farm with house and acreage I appraiseor other shopping important to you?MAKING A
the working chicken farm at zero -- and that isREASONABLE INCOME AND LEARNING ABOUT
really too high a value in some cases. There areRURAL IMPORTANCES: IS PROBABLY THE
lots of easier, better smelling and cleaner jobs youMOST IMPORTANT PART OF LEARNING TO
can purchase with $200,000 or so. If you want toLIVE IN THE STICKS.Those of us who aren't
make a living growing chickens you should prepareindependently wealthy need to consider some
to spend at least a million dollars, you can financemeans of supporting ourselves in our new
it of course, and get several chicken houses builtsurroundings. "Living off the land" is certainly NOT
around your home on 15 to 20 acres, if you don'tall it's cracked up to be, and isn't even legal unless
mind the smell, and then the best bet is to leaseyou become a vegetarian; year around hunting
the business to someone who is running 20 orfor meat is illegal everywhere. Even gardening or
thirty chicken houses at least.There are somecollecting wild edibles is not legal either, if you try
sensible things you can do in contemplation ofto do it on public land.Before moving to the
moving to and living in the country. First amongcountry... One of the important questions to ask
those is to start by renting a small home in the(and find out for sure the answer) is; "Does the
area you want to live -- and either move there orarea have a large enough population base to give
at least visit there often enough to get to knowa person a good shot at finding a job? Another is;
the area. If you already live close enough to drive"Does it have a diversified economy? Many
to your dream area daily, start doing that andcommunities seem to have good employment
start frequenting the shops, churches andopportunities, but on closer inspection they all turn
restaurants there. Stop at yard sales and toout to be based on the same industry, such as
check into cars, trucks and equipment that is forrecreation, chickens, fishing camps, skiing, ocean
sale in people's front yards. Be honest, tell themswimming and water sports, timber or mining or
you are planning to move into the area and wantfarming. If the bottom falls out of a single
to learn about your neighbors and only stop toindustry, or suddenly there is no snow or the
shop if you are really interested in what theywater becomes polluted and is posted against
have for sale and are willing to purchase it at youruse... as folks from many towns can attest has
price. Rural folk have a built in truth-detector andhappened, the economy of the entire area falls
it is usually accurate. Don't try to BS them orapart -- FAST... to fast to get out with your
your reputation will precede any other data aboutinvestment.If an area's economy is primarily based
you.I suggest that you can subscribe to a goodon tourism, such as ours in the Rehoboth, Lewes,
magazine on rural living, or two or three. One ofDewey, Bethany, Fenwick area, there may be
the best to begin with is Backwoods Homemany jobs available in the service sector (motels,
Magazine; Start by visiting and readingrestaurants, etc.) But most of these jobs pay
EVERYTHING on line, then get a subscription, thenvery low wages, and often these jobs are
purchase ALL of the back issues which are boundseasonal. Land prices tend to be inflated in many
into soft cover books.If you yearn for the simpleresort areas, and ours more so than most.I was
life of old fashioned living, in a log home forsurprised a few years ago to find that the most
instance, and away from the downward pull ofexpensive areas of California were not all that
civilization, check out: you are able to take yourexpensive compared to Rehoboth and surrounding
income with you, to maintain your current income,areas.Minimum wage income is not likely to enable
and don't need a job where you are going. Then Ia person to live comfortably in a resort
recommend you just rent a place first and startcommunity, much less enable a person to
spending more and more time in a good area aspurchase property! An extreme example is the
you begin to test your transition resources. Whilecity of Aspen, Colorado. This beautiful ski resort
renting get to know the people and see if you fitcommunity is an extremely expensive place to
in with them. They are not planning to change tolive. The local fast-food restaurants have trouble
meet your parameters, I assure you. MOST ofgetting employees because there is no reasonably
the folks who come from the city to the countrypriced place for them to live. Some of these
start by trying to change the area they havebusinesses actually have to provide housing in
moved to and the new neighbors, to be more likeorder to get employees! It is somewhat like that
where they left. They should not have left orin Rehoboth area. As you may know, Grotto's
they should get on back there -- and most of thePizza, our largest employer in the area, at one
neighbors will tell you so.If you move to an areatime provided space for many of their
as a renter and find the people to your liking andemployees. Now, a lot of our resort help lives
they find you to their liking, you have probablycommunally in "three bedrooms, sleeps twenty)
found the right area. However, in rural areas tentype apartments and homes. Many more of our
miles can make a huge difference in lifestyle andseasonally employed folks are imported from
area ethnicity. Please don't move to a resortIreland and elsewhere -- and come to live in
town, like Rehoboth Beach where I work, anddormitory style, often sleeping in shifts.If you are
then without checking try to move into a placea computer professional, you are very fortunate
like Oak Orchard (the little rural waterfront townas the "Information Age" has created a class of
where I live) or you will experience some nearprofessionals who can survive in depressed rural
terminal culture shock. I love where I live and theareas -- the computer entrepreneur. With
people who live here but hopefully not one ofreasonably good dial-up ISP service, perhaps a
them thinks that I have some intention ofcable modem (in Millsboro and some areas of
changing the way they live here!Once you havesouthern Sussex County) a cell phone, computer,
zeroed in on an area and visited it many dozenprinter, modems and fax, people can now roam
times or better yet rented a place there andacross the country and the world by phone and
started living there for short stays; I suggest thatthe Internet. Some folks, and this is a fast
you start joining various groups and organizationsgrowing segment of our buyers, can either work
as a part-time member and let them know thatat home for a distant company (perhaps
you are not full time yet, but hope to be. Theycommuting once a week or once a month or
help. Don't try to instruct them or help them doeven in the case of one of my clients twice a
what they are already doing better; just try toweek) or create a new business as a consultant,
help them on their own terms. You need to learndoing the same job for the same company they
the rules of this new game, it's their game andare currently employed by. With a business card
their community. At most you will be a welcomeand digital tools one can appear to have a large
member of the community. You will never be theconventional business, albeit a laptop and other
equal to those who have four or ten or thirtyportable digital tools, and it can be quite
generations of family buried and established there.profitable.Computer-based businesses are ideally
For instance in our area those who have onlysuited for rural living. They are becoming
been here for sixty years are still not consideredincreasingly more important as a means of
"from here" by those who have been here sincebreaking loose from the grind of commuting to
the 1500s or soon after.Once you have looked atwork in big cities that are fast becoming too
several dozen properties that interest you, anddangerous to live in. If you're not yet into
that may take a year or two or more; you willcomputers, you'll have to consider whether you
begin to appreciate different micro-cultures in thehave a skill that's marketable in the area you're
area. You will begin to notice differences in soils,interested in.Make sure the place you choose (a)
roads, well water, septic system functionality andhas a use for that skill, and (b) isn't saturated with
road access; not to mention the differences inunemployed people who have the same skill. One
governmental rules and enforcement of same.of my best friends is a fabulous carpenter, home
Each time you find the perfect property; put abuilder, cabinet maker, and skilled in many other
contract on it "pending research and discovery"fields such as welding, auto mechanics,
and during that time check the neighbors andgunsmithing to some degree and perhaps a couple
professionals about the property. You shouldof dozen more marketable skills. He moved to a
check the neighbors first, lots of them, theyrural area of Virginia to his dream home on over
already know everything the professionals area hundred acres and his income plummeted. He is
going to charge you to tell you.Hopefully by theback here now and I'm glad he is even though I
second or third property you put a contract anddon't see him very often; it's just pleasant to
deposit on; you will have the one that is right fordrive by his business and know he's back in the
you. Remember, if the property is a bargain price,neighborhood.Please, please, please... before you
you have missed something in almost every case.move to an new rural area; subscribe to the
What you need to do is figure out how it is anearest newspaper for the area you are
bargain for you; because you have an unusualconsidering and read the economic and
use, ability, or way to change the property easilycommunity sections as well as the help wanted
to suit your needs.Buy through a Realtor if at allads. If there is a skimpy "help wanted" section in
possible. Sign a buyers agent agreement withthe local paper... beware. On the other hand, could
your agent so that his allegiance is to you --this "depressing" state of affairs regarding
otherwise, by law his allegiance is ONLY to theemployment news probably means that real
seller and by law, you are in an adversarial positionestate is bargain priced in that area?OTHER
to the seller and the Realtor. With a buyer's agentTHINGS TO CONSIDER
agreement signed, your agent is now on yourWhat about your health and age? Do you now
side, by law, and is an opponent of the seller andor do you expect to have frequent need for the
the seller's agent. Ask your agent then to providetype of medical services mostly found in large
you with all the comparable sales data from thecities?
multi-listing service if there is one. If not hire anAlthough they're necessary, think seriously about
appraiser, once you have the property understaying at least 25 miles away from the nearest
contract, (make the contract contingent upon afreeway system. These "conduits of crime" that
satisfactory appraisal) and pay to have the pricecross the country not only carry law-abiding
evaluated. If you have contracted for too high acitizens but solitary criminals and gangs as well.
price, renegotiate the contract; if you find youThe gangs and other thugs tend to use the
have a real bargain; you of course double checkcorridor towns in proximity of the freeways as
with your agent and the appraiser to find outtheir "banks" and they excel in "withdrawals on
why. It may be that the reason for it'sthe run." One small town the writers lived in was
"reasonable" price the reason that keeps it fromonly a few miles from a freeway exit. One night,
selling is not that important to you -- and you dotwo men left the freeway, robbed a motel and
have a bargain.Possibly your employer or thegot back on the freeway a short time later. They
consulting work or your self employment activitieswere never caught. Imagine what these corridors
may allow you to telecommute. But if you can'tmay become as our cities and suburbs continue
telecommute to maintain your current income;to deteriorate!WHEN YOU FIND AN AREA YOU
before buying in an area, find out if you have aLIKE . . .
marketable skill, one which is in demand in thatOnce you've decided generally where you'd like
particular region. This will give you someto relocate, visit it several times, preferably at
assurance that you will not become a financialdifferent times of the year. Learn which areas are
fatality. Most of the folks who move to ruraldesirable and which have problems. Check for
communities, without checking into how they willflood plains, areas with access problems, water
make money in the new location, have to sellproblems (not enough, too much or poor quality),
their property at a loss within 5 years, due to lacknoise problems (yes, even rural areas can have
of income.If you are retired, be certain thatnoisy spots), or other problems peculiar to a given
hospitals, doctors, stores, restaurants, etc. arearea. Some rural "neighborhoods" have earned a
suitable for you in the new location -- or be verybad reputation. Find out why before buying there.
certain that you will be able to comfortably resideIf the price seems too good to be true, maybe
in the new area regardless.Some of us are not besomebody's trying to unload a problem.If you're
able to save enough money for a cash purchaselooking for undeveloped land on which to build
of our rural dream property before we reachyour retreat, find out about the water tables:
retirement age. It is however likely that we candepth, quality, and reliability. Find out what it costs
provide a small sum for a down payment, andto drill a well to the necessary depth for that
we're reasonably certain that we can market ourarea. Water should be one of the most important
skills locally to meet payments and put bread onconsiderations in any land purchase. In Sussex
the table (but please don't just guess about this,County we are fortunate that we have generally
check it out).Even if you find small acreage (10 togood water (no matter what the press and
50 acres) for $5,000 or less per acre that hasPseudo-envoronmentalists say) and wells are
good soil, good water available and a goodrelatively cheap to drill.Find out the proximity of
prospect for an inexpensive, workable septicutilities and costs to bring them in and hook them
system -- many banks and mortgage companiesup, if they're not already in place. In some areas,
are not optimistic about financing raw land. BUT,costs to hook up to the power lines grid are
seller financing is often a alternative and easilyprohibitive. Some of those same areas may not
structured method of purchasing raw land. In factbe conducive to an inexpensive well or septic
it is not unusual to get twenty, thirty or eveneither. BUT that can be an advantage if you are
forty year financing at 10% or less interest --able to think outside of the norm. For instance our
from the seller. Of course, in order to build on theFowler's Beach property is not conducive to
property, you will normally have to pay off therunning electric wires, getting good water from a
seller's mortgage with your home financing loan.shallow well or building and inexpensive sewer
Any of the money you have paid on the price ofsystem. As a result you can get waterfront
the land, down payment as well as principleacreage for little money on a private beach and
payments during your ownership period, and anythe cost of electric, water and sewer when
appreciation of the land value will be considered asadded to the cost of the property is
part of your down payment on your homeminuscule!Once you've narrowed your search to a
owners loan.Be careful to set your payments sofew areas within your target community, look at
that you can afford the land payments along withseveral properties! Realtors such as ourselves, can
your current cost of housing. You can savebe a big help, not only by showing you individual
thousands of dollars in interest by keeping yourproperties, but by telling you about the area in
loan to as short a term as possible. Also, makegeneral. It's not necessary to restrict yourself to
sure that there is no prepayment penalty on yourone Realtor. But as soon as possible you should
seller financing note.You can however oftenchoose ONE to work with, get their allegiance and
purchase an existing home on acreage for a lotpreferably sign a buyer's agent agreement with
less than the cost of acreage and building a similarthem so that they are looking out for your best
home. You can also often rent out the propertyinterests!!! If your Realtor is too pushy for you or
to cover part of your expense while you arrangeisn't showing you the type of properties that
your affairs for your eventual relocation to ruralinterest you, find another one; make sure you
bliss. If you are interested in purchasing a 100void the buyer's agent agreement if you have
acre horse farm complete with buildings, fencing,one (in writing) and get a Realtor who will listen to
paddocks, etc. you can often save nearly 50% ofwhat you want and provide you such.And don't
the reconstruction cost; but there is little marketforget to watch the newspapers and check out
for renting such a property.If you find "more thanproperties in your price range and area of interest
five acres" with a home and buildings that needbeing offered for sale by owner. Sometimes the
work but are structurally sound, you may savebest deals can be had by working with owners;
30% to even 60% of the reconstruction cost. Beand if you have a buyer's agent, the agent can
certain in this area, Sussex County Delaware, thatmake certain that you are well informed and
you get more than five acres as five acres orprotected even after you view the property with
less falls into a nonagricultural zoning classificationthe seller.You will also need an attorney in
that you may not wish to be involved with asDelaware to assist you with the closing on the
you develop your rural lifestyle.Most people askproperty. It is important to know that all
me for 20 to 30 acres, or more. But let's take aattorney's CAN do real estate settlements but
look at reality here. A football field is threeonly a handful are worth using. Attorneys
quarters of one acre. Thus 5.1 acres or more is aspecialize and only three to five of them specialize
very roomy place to live acreage wise. If youin real estate -- for the rest of them, real estate
want horses however think 15 acres or more.settlements are awkward and no matter what
Each horse will need an average of 5 to 9 acresthey say... they usually make errors and those
depending on how you decide to raise the horse;errors can be horrid.When you do find a property
that acreage is in addition to the land that youryou like, don't let it blind you to its drawbacks.
home, driveway, out buildings, garden and otherWhether or not you're working with a Realtor, do
non-fenced areas take in. Many people are thinkingyour homework. Remember, unless your Realtor
of one, two, three or four horses for the familyis a buyer's agent, he or she is working for the
enjoyment; if so they need about 3 or moreseller. Most Realtors will be up front with you
acres for the home and other human relatedabout all your questions, but they are also bound
improvements and should figure an additionalby contract to get the best possible price for
average of seven acres for each horse or pony.Iftheir client, the seller. And, by law -- when they
you have a dream of self-sufficiency; living offare working for the seller there are numerous
the power grid, being away from it all... this isthings they may NOT divulge to you even when
virtually impossible in reality yet most prevalentthey know about them.First, ask the seller or
when you are in the dream stage. Coming toRealtor all the questions you can about the
terms with what you can realistically afford andproperty. For an older dwelling, this might include
what you can realistically live with before you buyquestions about the age of the wiring and
can save you a lot of headaches later.Solar powerplumbing, type of foundation, and in some parts
is far more expensive than buying electricity fromof the country, when it was last checked for
the power company, wind power is unreliable,insect problems. This is particularly important near
water power is expensive and hard to arrange;the beaches and regarding wooded properties --
now I expect to get a lot of argument on thiswhere termites are prevalent.Then talk to the
from those who have read all about it but haveneighbors. In the rural sense, the "neighbors" are
no real experience -- but I won't get any validfolks living within a five-or-so-mile radius of the
argument from anyone who has done it (unlessproperty; sometimes even more, if the property
they are simultaneously trying to sell the idea tois down a long road without intersections. Ask
others).There are many good articles inthem about the area, its people, any problems
Backwoods Home Magazine; but most of themwith the area, and particularly if they know of any
leave out the initial expense, maintenance expensedrawbacks with the property you are considering
and almost always the expense of replacing wornpurchasing. If they seem reluctant to talk to you,
components of these so called money savingthis might be a red flag you shouldn't ignore:
off-the-grid systems. You can however design amaybe they'd like to buy the property but can't
passive solar home, one with most windowsafford it, or maybe they don't like outsiders
facing south west and few facing other directions.buying property in their area. If you run up against
Most older farm houses are already designed likethis in several conversations, you might have a
this, not all of them are well insulatedhard time getting along with the neighbors. Buying
however.Location: is paramount. We Realtors are-- and holding onto -- that chunk of land, with or
wont to chant"location -- location -- location" like awithout a home and buildings on it will take
mantra. It isimportant, just learn what it means ascreative planning, patience, and caution on your
location hasdifferent parameters for differentpart!IF YOU MUST HAVE A DEAL OR ELSE . . .
purposes. Location on a main road is imperativeToday's expensive properties will be tomorrow's
for commercial activity; location near pleasantbargains. Don't be discouraged by short term
living and good jobs is imperative for residentialobstacles. Land prices seldom go down in the long
property; location regarding rural principles is arun. Obviously, there are a lot more things to
matter of sometimes life and death or at least aconsider when buying rural land as opposed to
matter of doable and undoable for a rural home.Ibuying a house in a city. One of them is the
suggest that the proper location for rural living ispossible problems of buying in a "boom town"
NOT usually closest to the best beach, ski slopearea when you don't want to be part of the
or lake but the more sensible location is near to aboom.It is important to consider whether your
rural town where many or most of the locals aredream location will become less desirable as more
living on rural acreage. In our area everyonepeople relocate there. For this reason it is not
wants ten to thirty acres near the beach; afteruncommon for people who move to a rural area
finding out the price, they dream about 1 to 5to want to "close the gate" after they get there.
acres but seldom end up getting it and if they doThey realize that if too many people move to the
the difficulty of finding it, using it for ruralsmall community they have chosen, that it will
purposes and enjoying it when your neighborseventually lose the qualities that drew them there
complain about your rooster, tractor noise orin the first place. Unfortunately, people WILL find
fertilizer odors will often make this semi-ruralthese wonderful places, no matter how hard
location less than your dreams.If you're not rigidlysome people try to keep them a secret. Some
set on purchasing land in some popular or sceniccommunities handle growth well, others don't.
wonderland, some good buys can still be found inCheck to see what kind of planning and zoning is
the less "romantic" parts of the county,present in your chosen area. A community that
particularly on the edges of small farminglooks ahead and plans for growth fares much
communities. In Sussex County, I suggest thebetter than communities that keep their heads in
south west part of the county, west of Millsboro,the sand, thinking "it can't happen here." Growth
nearer to Gumboro, Delmar, etc. for the bestnot only can happen, it will.But short of a natural
rural surroundings and lowest prices. There aredisaster or a devastating man-made calamity, land
few properties available in that area but evenwon't come down in value. Buy it, use it, live on it,
fewer buyers who have faced the reality ofimprove it, and love it. Land is the best
where rural living is better lived.If you areinvestment you'll ever make, for yourself and
independently wealthy, that is a different matter.posterity.Good luck in your search!