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

Almost anyone can become a rural property owner;that is a different matter. There are some lovely
if you are willing to set goals, establish what yourfarms on the cliffs overlooking the Pacific near
purposes are, plan ahead and set targets that are allCarmel California; where the movie stars reside and if
aligned toward the same result. And, if you can beyou can find a hundred acre farm you may be able
patient instead of requiring instant gratification.Thereto get it for a hundred million dollars or so, plus the
is no more $50-an-acre land; unless you count somevalue of improvements. That is about what you can
of the inaccessible and unusable properties that areexpect to pay for acreage near Rehoboth also; and
sometimes available in blocks of 10,000 acres orit's a little easier to find. The farther you go away
more; and even these properties are rare. But youfrom the "ideal" locations the fewer people are
can get rural properties more reasonably now than inlooking to purchase it and the lower the price is. An
the past IF you are willing to be creative in yourinteresting anecdote here; I had a couple come to
expectations and in the ways you use and modifyme a few years ago looking to purchase a hundred
the property.If you are in a big hurry to find ruralacres or so on the oceanfront near Rehoboth, for
property, you will likely not be able to find what youhorses; they could easily afford the price of a million
are looking for. Rural properties have fewer buyersan acre or so, but they ended up purchasing land
who want to purchase them, but there are plenty oftwenty minutes inland after they did more reasonable
dreamers who have not considered the realities.research.Before you go out looking for property, sit
There are seldom bargains available because mostdown with paper and pencil and any partners or
folks who own rural properties know exactly who tofamily that will be involved. You may find numerous
call first when they want to sell. If the property reallysurprises when you all start writing down
is a bargain it is gone with one of the first ten phoneimportances, desires, and things not wanted. It is
calls the seller makes. However, if you are willing tomost important that you know what you must have,
"think outside the box" of convention you may endand what you can do without. Make a list of the
up with what is a bargain property for you.Twentyfeatures you feel an area MUST have in order for
and thirty years ago thousands of folks bought intoyou to consider relocating there. This might include
the "live on a farm and make a fortune" dream ofthings like climate (and, thus, growing season), being
owning a chicken house, home and acreage in Sussexwithin a certain radius of a population center (or
County Delaware -- the chicken capital of the worldmaybe a certain distance AWAY from one), and
-- where there are several million chickens for everyavailability of certain facilities or services. Being within
person who lives here. For a short while it was20 miles of an airport or hospital may not matter to
possible to take the "contract" from a chicken plantone family, but could be of vital importance to
to the bank and with only that as collateral, get aanother.The most important item on this list is
loan for about 10 acres, a home and at least oneconsideration of the social and economic climate of
chicken house. Many folks soon discovered that thethe area, and how you will fit into it. Even if you're
so called contract had fine print and clauses thatindependently wealthy, the economic circumstances
were all in favor of the chicken plant and none inof an area can affect how you will fit into it. Will a
favor of the chicken grower. Soon most chickenwell-heeled but bored-with-society person be able to
growers were working full time to help support themove into an economic Appalachia and truly find
chicken business they had bought, along with it'scontentment? Perhaps, but first consider the
mortgage of $200,000 or more, sometimes much"necessities" of the life you'll be leaving. Do you need
more.Now when I appraise a chicken farm withto regularly attend the symphony or visit a
house and acreage I appraise the working chickenhigh-quality library? Is high quality clothing shopping or
farm at zero -- and that is really too high a value inother shopping important to you?MAKING A
some cases. There are lots of easier, better smellingREASONABLE INCOME AND LEARNING ABOUT
and cleaner jobs you can purchase with $200,000 orRURAL IMPORTANCES: IS PROBABLY THE MOST
so. If you want to make a living growing chickensIMPORTANT PART OF LEARNING TO LIVE IN THE
you should prepare to spend at least a million dollars,STICKS.Those of us who aren't independently
you can finance it of course, and get several chickenwealthy need to consider some means of supporting
houses built around your home on 15 to 20 acres, ifourselves in our new surroundings. "Living off the
you don't mind the smell, and then the best bet is toland" is certainly NOT all it's cracked up to be, and
lease the business to someone who is running 20 orisn't even legal unless you become a vegetarian; year
thirty chicken houses at least.There are somearound hunting for meat is illegal everywhere. Even
sensible things you can do in contemplation of movinggardening or collecting wild edibles is not legal either, if
to and living in the country. First among those is toyou try to do it on public land.Before moving to the
start by renting a small home in the area you wantcountry... One of the important questions to ask (and
to live -- and either move there or at least visit therefind out for sure the answer) is; "Does the area have
often enough to get to know the area. If youa large enough population base to give a person a
already live close enough to drive to your dream areagood shot at finding a job? Another is; "Does it have
daily, start doing that and start frequenting thea diversified economy? Many communities seem to
shops, churches and restaurants there. Stop at yardhave good employment opportunities, but on closer
sales and to check into cars, trucks and equipmentinspection they all turn out to be based on the same
that is for sale in people's front yards. Be honest, tellindustry, such as recreation, chickens, fishing camps,
them you are planning to move into the area andskiing, ocean swimming and water sports, timber or
want to learn about your neighbors and only stop tomining or farming. If the bottom falls out of a single
shop if you are really interested in what they haveindustry, or suddenly there is no snow or the water
for sale and are willing to purchase it at your price.becomes polluted and is posted against use... as folks
Rural folk have a built in truth-detector and it isfrom many towns can attest has happened, the
usually accurate. Don't try to BS them or youreconomy of the entire area falls apart -- FAST... to
reputation will precede any other data about you.Ifast to get out with your investment.If an area's
suggest that you can subscribe to a good magazineeconomy is primarily based on tourism, such as ours
on rural living, or two or three. One of the best toin the Rehoboth, Lewes, Dewey, Bethany, Fenwick
begin with is Backwoods Home Magazine; Start byarea, there may be many jobs available in the service
visiting and reading EVERYTHING on line, then get asector (motels, restaurants, etc.) But most of these
subscription, then purchase ALL of the back issuesjobs pay very low wages, and often these jobs are
which are bound into soft cover books.If you yearnseasonal. Land prices tend to be inflated in many
for the simple life of old fashioned living, in a logresort areas, and ours more so than most.I was
home for instance, and away from the downwardsurprised a few years ago to find that the most
pull of civilization, check out: you are able to takeexpensive areas of California were not all that
your income with you, to maintain your currentexpensive compared to Rehoboth and surrounding
income, and don't need a job where you are going.areas.Minimum wage income is not likely to enable a
Then I recommend you just rent a place first andperson to live comfortably in a resort community,
start spending more and more time in a good area asmuch less enable a person to purchase property! An
you begin to test your transition resources. Whileextreme example is the city of Aspen, Colorado. This
renting get to know the people and see if you fit inbeautiful ski resort community is an extremely
with them. They are not planning to change to meetexpensive place to live. The local fast-food
your parameters, I assure you. MOST of the folksrestaurants have trouble getting employees because
who come from the city to the country start bythere is no reasonably priced place for them to live.
trying to change the area they have moved to andSome of these businesses actually have to provide
the new neighbors, to be more like where they left.housing in order to get employees! It is somewhat
They should not have left or they should get onlike that in Rehoboth area. As you may know,
back there -- and most of the neighbors will tell youGrotto's Pizza, our largest employer in the area, at
so.If you move to an area as a renter and find theone time provided space for many of their
people to your liking and they find you to their liking,employees. Now, a lot of our resort help lives
you have probably found the right area. However, incommunally in "three bedrooms, sleeps twenty) type
rural areas ten miles can make a huge difference inapartments and homes. Many more of our seasonally
lifestyle and area ethnicity. Please don't move to aemployed folks are imported from Ireland and
resort town, like Rehoboth Beach where I work, andelsewhere -- and come to live in dormitory style,
then without checking try to move into a place likeoften sleeping in shifts.If you are a computer
Oak Orchard (the little rural waterfront town where Iprofessional, you are very fortunate as the
live) or you will experience some near terminal culture"Information Age" has created a class of
shock. I love where I live and the people who liveprofessionals who can survive in depressed rural
here but hopefully not one of them thinks that Iareas -- the computer entrepreneur. With reasonably
have some intention of changing the way they livegood dial-up ISP service, perhaps a cable modem (in
here!Once you have zeroed in on an area and visitedMillsboro and some areas of southern Sussex
it many dozen times or better yet rented a placeCounty) a cell phone, computer, printer, modems and
there and started living there for short stays; Ifax, people can now roam across the country and
suggest that you start joining various groups andthe world by phone and the Internet. Some folks,
organizations as a part-time member and let themand this is a fast growing segment of our buyers,
know that you are not full time yet, but hope to be.can either work at home for a distant company
They help. Don't try to instruct them or help them do(perhaps commuting once a week or once a month
what they are already doing better; just try to helpor even in the case of one of my clients twice a
them on their own terms. You need to learn the rulesweek) or create a new business as a consultant,
of this new game, it's their game and theirdoing the same job for the same company they are
community. At most you will be a welcome membercurrently employed by. With a business card and
of the community. You will never be the equal todigital tools one can appear to have a large
those who have four or ten or thirty generations ofconventional business, albeit a laptop and other
family buried and established there. For instance in ourportable digital tools, and it can be quite
area those who have only been here for sixty yearsprofitable.Computer-based businesses are ideally
are still not considered "from here" by those whosuited for rural living. They are becoming increasingly
have been here since the 1500s or soon after.Oncemore important as a means of breaking loose from
you have looked at several dozen properties thatthe grind of commuting to work in big cities that are
interest you, and that may take a year or two orfast becoming too dangerous to live in. If you're not
more; you will begin to appreciate differentyet into computers, you'll have to consider whether
micro-cultures in the area. You will begin to noticeyou have a skill that's marketable in the area you're
differences in soils, roads, well water, septic systeminterested in.Make sure the place you choose (a) has
functionality and road access; not to mention thea use for that skill, and (b) isn't saturated with
differences in governmental rules and enforcementunemployed people who have the same skill. One of
of same. Each time you find the perfect property;my best friends is a fabulous carpenter, home builder,
put a contract on it "pending research and discovery"cabinet maker, and skilled in many other fields such
and during that time check the neighbors andas welding, auto mechanics, gunsmithing to some
professionals about the property. You should checkdegree and perhaps a couple of dozen more
the neighbors first, lots of them, they already knowmarketable skills. He moved to a rural area of Virginia
everything the professionals are going to charge youto his dream home on over a hundred acres and his
to tell you.Hopefully by the second or third propertyincome plummeted. He is back here now and I'm glad
you put a contract and deposit on; you will have thehe is even though I don't see him very often; it's just
one that is right for you. Remember, if the propertypleasant to drive by his business and know he's back
is a bargain price, you have missed something inin the neighborhood.Please, please, please... before
almost every case. What you need to do is figureyou move to an new rural area; subscribe to the
out how it is a bargain for you; because you have annearest newspaper for the area you are considering
unusual use, ability, or way to change the propertyand read the economic and community sections as
easily to suit your needs.Buy through a Realtor if atwell as the help wanted ads. If there is a skimpy
all possible. Sign a buyers agent agreement with your"help wanted" section in the local paper... beware. On
agent so that his allegiance is to you -- otherwise, bythe other hand, could this "depressing" state of
law his allegiance is ONLY to the seller and by law,affairs regarding employment news probably means
you are in an adversarial position to the seller and thethat real estate is bargain priced in that area?OTHER
Realtor. With a buyer's agent agreement signed, yourTHINGS TO CONSIDER
agent is now on your side, by law, and is anWhat about your health and age? Do you now or
opponent of the seller and the seller's agent. Askdo you expect to have frequent need for the type
your agent then to provide you with all theof medical services mostly found in large cities?
comparable sales data from the multi-listing service ifAlthough they're necessary, think seriously about
there is one. If not hire an appraiser, once you havestaying at least 25 miles away from the nearest
the property under contract, (make the contractfreeway system. These "conduits of crime" that
contingent upon a satisfactory appraisal) and pay tocross the country not only carry law-abiding citizens
have the price evaluated. If you have contracted forbut solitary criminals and gangs as well. The gangs
too high a price, renegotiate the contract; if you findand other thugs tend to use the corridor towns in
you have a real bargain; you of course double checkproximity of the freeways as their "banks" and they
with your agent and the appraiser to find out why. Itexcel in "withdrawals on the run." One small town the
may be that the reason for it's "reasonable" price thewriters lived in was only a few miles from a freeway
reason that keeps it from selling is not that importantexit. One night, two men left the freeway, robbed a
to you -- and you do have a bargain.Possibly yourmotel and got back on the freeway a short time
employer or the consulting work or your selflater. They were never caught. Imagine what these
employment activities may allow you tocorridors may become as our cities and suburbs
telecommute. But if you can't telecommute tocontinue to deteriorate!WHEN YOU FIND AN AREA
maintain your current income; before buying in anYOU LIKE . . .
area, find out if you have a marketable skill, oneOnce you've decided generally where you'd like to
which is in demand in that particular region. This willrelocate, visit it several times, preferably at different
give you some assurance that you will not become atimes of the year. Learn which areas are desirable
financial fatality. Most of the folks who move to ruraland which have problems. Check for flood plains,
communities, without checking into how they willareas with access problems, water problems (not
make money in the new location, have to sell theirenough, too much or poor quality), noise problems
property at a loss within 5 years, due to lack of(yes, even rural areas can have noisy spots), or
income.If you are retired, be certain that hospitals,other problems peculiar to a given area. Some rural
doctors, stores, restaurants, etc. are suitable for you"neighborhoods" have earned a bad reputation. Find
in the new location -- or be very certain that you willout why before buying there. If the price seems too
be able to comfortably reside in the new areagood to be true, maybe somebody's trying to unload
regardless.Some of us are not be able to savea problem.If you're looking for undeveloped land on
enough money for a cash purchase of our ruralwhich to build your retreat, find out about the water
dream property before we reach retirement age. Ittables: depth, quality, and reliability. Find out what it
is however likely that we can provide a small sum forcosts to drill a well to the necessary depth for that
a down payment, and we're reasonably certain thatarea. Water should be one of the most important
we can market our skills locally to meet paymentsconsiderations in any land purchase. In Sussex County
and put bread on the table (but please don't justwe are fortunate that we have generally good water
guess about this, check it out).Even if you find small(no matter what the press and
acreage (10 to 50 acres) for $5,000 or less per acrePseudo-envoronmentalists say) and wells are
that has good soil, good water available and a goodrelatively cheap to drill.Find out the proximity of
prospect for an inexpensive, workable septic systemutilities and costs to bring them in and hook them up,
-- many banks and mortgage companies are notif they're not already in place. In some areas, costs
optimistic about financing raw land. BUT, sellerto hook up to the power lines grid are prohibitive.
financing is often a alternative and easily structuredSome of those same areas may not be conducive to
method of purchasing raw land. In fact it is notan inexpensive well or septic either. BUT that can be
unusual to get twenty, thirty or even forty yearan advantage if you are able to think outside of the
financing at 10% or less interest -- from the seller. Ofnorm. For instance our Fowler's Beach property is not
course, in order to build on the property, you willconducive to running electric wires, getting good
normally have to pay off the seller's mortgage withwater from a shallow well or building and inexpensive
your home financing loan. Any of the money yousewer system. As a result you can get waterfront
have paid on the price of the land, down payment asacreage for little money on a private beach and the
well as principle payments during your ownershipcost of electric, water and sewer when added to the
period, and any appreciation of the land value will becost of the property is minuscule!Once you've
considered as part of your down payment on yournarrowed your search to a few areas within your
home owners loan.Be careful to set your paymentstarget community, look at several properties! Realtors
so that you can afford the land payments along withsuch as ourselves, can be a big help, not only by
your current cost of housing. You can saveshowing you individual properties, but by telling you
thousands of dollars in interest by keeping your loanabout the area in general. It's not necessary to
to as short a term as possible. Also, make sure thatrestrict yourself to one Realtor. But as soon as
there is no prepayment penalty on your sellerpossible you should choose ONE to work with, get
financing note.You can however often purchase antheir allegiance and preferably sign a buyer's agent
existing home on acreage for a lot less than the costagreement with them so that they are looking out
of acreage and building a similar home. You can alsofor your best interests!!! If your Realtor is too pushy
often rent out the property to cover part of yourfor you or isn't showing you the type of properties
expense while you arrange your affairs for yourthat interest you, find another one; make sure you
eventual relocation to rural bliss. If you are interestedvoid the buyer's agent agreement if you have one (in
in purchasing a 100 acre horse farm complete withwriting) and get a Realtor who will listen to what you
buildings, fencing, paddocks, etc. you can often savewant and provide you such.And don't forget to
nearly 50% of the reconstruction cost; but there iswatch the newspapers and check out properties in
little market for renting such a property.If you findyour price range and area of interest being offered
"more than five acres" with a home and buildings thatfor sale by owner. Sometimes the best deals can be
need work but are structurally sound, you may savehad by working with owners; and if you have a
30% to even 60% of the reconstruction cost. Bebuyer's agent, the agent can make certain that you
certain in this area, Sussex County Delaware, thatare well informed and protected even after you view
you get more than five acres as five acres or lessthe property with the seller.You will also need an
falls into a nonagricultural zoning classification that youattorney in Delaware to assist you with the closing
may not wish to be involved with as you developon the property. It is important to know that all
your rural lifestyle.Most people ask me for 20 to 30attorney's CAN do real estate settlements but only a
acres, or more. But let's take a look at reality here. Ahandful are worth using. Attorneys specialize and only
football field is three quarters of one acre. Thus 5.1three to five of them specialize in real estate -- for
acres or more is a very roomy place to live acreagethe rest of them, real estate settlements are
wise. If you want horses however think 15 acres orawkward and no matter what they say... they usually
more. Each horse will need an average of 5 to 9make errors and those errors can be horrid.When
acres depending on how you decide to raise theyou do find a property you like, don't let it blind you
horse; that acreage is in addition to the land thatto its drawbacks. Whether or not you're working
your home, driveway, out buildings, garden and otherwith a Realtor, do your homework. Remember,
non-fenced areas take in. Many people are thinking ofunless your Realtor is a buyer's agent, he or she is
one, two, three or four horses for the familyworking for the seller. Most Realtors will be up front
enjoyment; if so they need about 3 or more acreswith you about all your questions, but they are also
for the home and other human related improvementsbound by contract to get the best possible price for
and should figure an additional average of seventheir client, the seller. And, by law -- when they are
acres for each horse or pony.If you have a dream ofworking for the seller there are numerous things they
self-sufficiency; living off the power grid, being awaymay NOT divulge to you even when they know
from it all... this is virtually impossible in reality yetabout them.First, ask the seller or Realtor all the
most prevalent when you are in the dream stage.questions you can about the property. For an older
Coming to terms with what you can realisticallydwelling, this might include questions about the age of
afford and what you can realistically live with beforethe wiring and plumbing, type of foundation, and in
you buy can save you a lot of headaches later.Solarsome parts of the country, when it was last checked
power is far more expensive than buying electricityfor insect problems. This is particularly important near
from the power company, wind power is unreliable,the beaches and regarding wooded properties --
water power is expensive and hard to arrange; nowwhere termites are prevalent.Then talk to the
I expect to get a lot of argument on this from thoseneighbors. In the rural sense, the "neighbors" are folks
who have read all about it but have no realliving within a five-or-so-mile radius of the property;
experience -- but I won't get any valid argumentsometimes even more, if the property is down a long
from anyone who has done it (unless they areroad without intersections. Ask them about the area,
simultaneously trying to sell the idea to others).Thereits people, any problems with the area, and
are many good articles in Backwoods Homeparticularly if they know of any drawbacks with the
Magazine; but most of them leave out the initialproperty you are considering purchasing. If they
expense, maintenance expense and almost alwaysseem reluctant to talk to you, this might be a red
the expense of replacing worn components of theseflag you shouldn't ignore: maybe they'd like to buy
so called money saving off-the-grid systems. You canthe property but can't afford it, or maybe they don't
however design a passive solar home, one with mostlike outsiders buying property in their area. If you run
windows facing south west and few facing otherup against this in several conversations, you might
directions. Most older farm houses are alreadyhave a hard time getting along with the neighbors.
designed like this, not all of them are well insulatedBuying -- and holding onto -- that chunk of land, with
however.Location: is paramount. We Realtors areor without a home and buildings on it will take
wont to chant"location -- location -- location" like acreative planning, patience, and caution on your
mantra. It isimportant, just learn what it means aspart!IF YOU MUST HAVE A DEAL OR ELSE . . .
location hasdifferent parameters for differentToday's expensive properties will be tomorrow's
purposes. Location on a main road is imperative forbargains. Don't be discouraged by short term
commercial activity; location near pleasant living andobstacles. Land prices seldom go down in the long
good jobs is imperative for residential property;run. Obviously, there are a lot more things to
location regarding rural principles is a matter ofconsider when buying rural land as opposed to buying
sometimes life and death or at least a matter ofa house in a city. One of them is the possible
doable and undoable for a rural home.I suggest thatproblems of buying in a "boom town" area when you
the proper location for rural living is NOT usuallydon't want to be part of the boom.It is important to
closest to the best beach, ski slope or lake but theconsider whether your dream location will become
more sensible location is near to a rural town whereless desirable as more people relocate there. For this
many or most of the locals are living on rural acreage.reason it is not uncommon for people who move to
In our area everyone wants ten to thirty acres neara rural area to want to "close the gate" after they
the beach; after finding out the price, they dreamget there. They realize that if too many people move
about 1 to 5 acres but seldom end up getting it andto the small community they have chosen, that it will
if they do the difficulty of finding it, using it for ruraleventually lose the qualities that drew them there in
purposes and enjoying it when your neighborsthe first place. Unfortunately, people WILL find these
complain about your rooster, tractor noise or fertilizerwonderful places, no matter how hard some people
odors will often make this semi-rural location less thantry to keep them a secret. Some communities handle
your dreams.If you're not rigidly set on purchasinggrowth well, others don't. Check to see what kind of
land in some popular or scenic wonderland, someplanning and zoning is present in your chosen area. A
good buys can still be found in the less "romantic"community that looks ahead and plans for growth
parts of the county, particularly on the edges offares much better than communities that keep their
small farming communities. In Sussex County, Iheads in the sand, thinking "it can't happen here."
suggest the south west part of the county, west ofGrowth not only can happen, it will.But short of a
Millsboro, nearer to Gumboro, Delmar, etc. for thenatural disaster or a devastating man-made calamity,
best rural surroundings and lowest prices. There areland won't come down in value. Buy it, use it, live on
few properties available in that area but even fewerit, improve it, and love it. Land is the best investment
buyers who have faced the reality of where ruralyou'll ever make, for yourself and posterity.Good luck
living is better lived.If you are independently wealthy,in your search!