Buying A Home In The Country

We all know that the purchase of a home is quite possibly the largest investment most of us will make in our lifetime. That goes for wherever we intend to buy and the type of property we are seeking. The issues we face during that process are often created by the type of property we are looking for and the location we are searching in.

If we decide we want to purchase a home in the country we have a host of potential pitfalls that may not be issues in other parts of the country. A few of those concerns include knowing what exactly you are purchasing (sounds simple enough), zoning for the home/land/area, and whether or not your very few neighbors (one of the perks to country living for many) are amicable to someone new buying and running a farm, business, or using the land in some other way (your own personal racetrack).

With all of the perks that come with living in the country, it is still a smart idea to lead with your head and not your heart. Not only do you want a great deal but you want to make sure whatever your intended purpose is for the rural property will be allowed by the county.

The above article covers several key things you should consider about living in a rural setting. Not only will the tips make the process go smoother, but they may help you establish a more informed opinion before you buy. Knowledge is key so know exactly what your options are and whether or not the properties you see will meet those needs.

For instance, to avoid a courtroom battle or a string of disputes, make sure it is very clear in your real estate contract exactly what you are buying as well as what you are entitled to (or not). Do you get to keep equipment that is currently on the property? Are there any environmental issues with the land? What kind of access rights do you have to shared resources? Even knowing local regulation rules will be helpful if you decide to alter the property/land use.

Another key thing to consider is the applicable zoning laws in the county you are planning to buy in. It does you no good to find out after you have bought the premises to find out the land is not zoned for agriculture if your intent is to establish a farm.

Other zoning options include recreational or industry zones. It is a smart move to check with local authorities on the possibility of petitioning for re-zoning and your chances of seeing the measure passed. Also make sure your zoning includes public services (i.e. electricity, sewer, and water). If not, how can you get those services and at what price. If they are available are they sufficient for your intended use of the home/land?

Something else you need to consider is how will the "locals" feel about you moving in, especially when they find out your intentions for the property. Everything may be fine but it is always good to check with as many of them as possible to gauge their receptiveness to any changes.

Those same neighbors are also a wealth of information and should be able to provide a wide range of data such as the previous land use (and whether it was successful), any type of natural (or man made) disasters you need to take into account (added insurance may be needed and could be expensive), and even local resources to help you get off on the right foot if you need assistance.

The thought of living in the country is not for everyone but for those who have the rural itch, it is wise to do your homework and know exactly what to look out for and what questions you need to ask, before taking ownership. As always, engage with an experienced real estate agent who understands the key aspects of purchasing a rural home before committing to any purchase.