Selling Rural Land and House

[Spindifferent]

Approximately where is the property located in Central Texas?

 

[txdon]

Approximately where is the property located in Central Texas?

Lee County

 

[ovrszd]

Well and septic. Will they pass an inspection? Banks in my area require it on a loan. If they have to foreclose they want to make sure it can be occupied.

The tips on that list? It comes down to a few words, make sure the place doesn稚 look junky. When we bought our place the one regret I have is not making the previous owner clean up junk. It wasn稚 bad, it seemed like just a little bit but after I hauled out the 5th pick up load of crap it seemed like a lot.

My Widow neighbor next to my farm is wanting to sell her 40 acres w/buildings. Her water supply and septic are both questionable. Trying to help her with those. Her outbuildings are full. Steve was almost a hoarder. I told her I'd give her $500 for everything in them and I'd clean it all up. I'm 60hrs of labor in and still have another 30hrs left. She should have paid me $500.

But in the end fixing these issues will help her sell. Steve was a retired farmer. I'm hoping to be lucky enough to get another neighbor just like him. My fear is the city dweller that wants to retire in the country.

 

[txdon]

Septic is grandfathered in and pumped recently. It is a 500 and 200 gallon system with leach field on sand hill. It has never been a problem.
The water is county water. No well, so I'm good to go on those. A good selling point, I think, is that taxes are low - ag exempt - and the cattle fences are in good shape.

 

[JRobyn]

Break out your LPGS and grade the road real nice and smooth. Maybe a buyer will think it just stays that way all the time with no effort!

 

[TheMan419]

Yeah that list could be used for suburban dwelling as well. When we sold our place in the burbs we painted the porch railings, front door and kitchen. Sold the place quickly.

 

[buckeyefarmer]

You going to take the TBN bridge with you? Lol

 

[Einthewoods]

ovrszd already brought this up, but outbuildings should be mostly empty in my mind.

When I bought my current property a couple years back, one of the properties we looked at I thought the pole barn was too small and wouldn't work. After we selected the one we bought I realized the barn on it was the same size as the one we thought was too small. The difference was the "too small" one had all sorts of stuff and equipment filling it. Whereas the one we bought was mostly empty.

My barn is plenty big fr our uses, I just keep it organized.

 

[davrow]

You asked about those 14 statements, I think. So I'll only address that. As someone (Streetcar) above said, all 14 are really only one: neat and clean.
But that is realtor and designer language. I cared only about functional infrastructure.
Does (did) the well work? The septic? Adequate electrical capacity? Well built house and garage? Flood plain? Insurable (esp. fire)? Meth manufacturers or pot growers nearby? crime rate? Appearance might matter, but it is way down on my list.

"Looks don't last, cookin' do"

 

[two_bit_score]

Some thoughts on selling land: Every property is unique. Soil types are important. Non grazable land will need to be recognized if cattle grazing is a consideration. Past land management is important. Water location and quality. Infrastructure like, working pens, feed bins, perimeter fences and cross fences, and finally, but very importantly, easements. Anyone who has been around TBN very long has come across a thread or two about easement problems.

Don seems to describe a pretty problem free place as far as most of these go. Hope he gets top $$!


TBS