-
08-12-2009, 04:45 AM #1
Condominium
- Join Date
- Nov 2008
- Posts
- 181
How to Buy Farm Land
Check the value. Value for farm land doesn't just include the price or the location. It also includes the soil quality and what is currently growing on it. For instance, if you see a piece of land that has alkaline soil, bad pH and no greenery, you will be expected to do more work in order to get it to the point of making a profit. You will want to value your options by the richness in the soil and what is currently being grown on the land, as well as the history of what the land has been used for.
-
If I'm going to buy a farm land, be sure the location is nice which means it is safe & has a clean environment. Then the selling price of the land be sure it is really worth the price, then the property must have a complete document.
-
08-14-2009, 10:08 AM #3
Renter
- Join Date
- Jun 2009
- Posts
- 8
Dont forget most importantly to check what your mineral rights are. If your land some how has oil under it, you may own the land but are not entitled to the oil under your feet.
The previous could have known about the oil didn't tell you and still lay claim to the oil underneath.
You should conduct a survey of your land and whats underneath it, to make sure your getting everything you pay for.
-
The trick to buy farmland is to find it before it goes on the market, and the best way to do that is through a network of people who would know the land is about to go on the market. Build friendships or relationships with rural appraisers, farm insurance reps, community trust fund managers, farm managers, farm credit lenders, community bank lenders, and management at certain co-ops. These guys all know the inside of the business and might be willing to help you, if it helps one of their existing clients, customers, or associates.
-
09-03-2009, 09:51 AM #5
Fixer Upper
- Join Date
- Sep 2009
- Location
- Logan, Utah
- Posts
- 31
The most important thing in farming is water. Be sure you have plentiful water rights to grow your crops!
-
06-18-2010, 09:20 PM #6
Fixer Upper
- Join Date
- Jun 2010
- Posts
- 14
Very true
I live out in the high desert and I'm sure you can tell by where I live that it's not the best place to grow plants, but there are certain types that thrive well too. Great advice.
-
07-13-2010, 11:52 AM #7
Renter
- Join Date
- Jun 2010
- Posts
- 14
Yes this true that Price and location is not the only thing.There can be soil quality as well.And People always think about this.Because if land is somewhere in desert then we have to see this as well.
-
08-18-2010, 01:40 AM #8
Banned
- Join Date
- Aug 2010
- Posts
- 73
Hey if you want to buy farm land then you have to search it just outside of the city. There are some important things which you have to keep in your mind, like the land cost, the soil quality, and location also. If the location is good and cost is according to the location then it's good, and the soil quality, the soil of the farm land must be productive.
-
08-18-2010, 02:39 AM #9
Fixer Upper
- Join Date
- Jul 2010
- Posts
- 50
Buying a farm has a very 'get away from it all' sort of appeal. The reality is that farming can be emotionally and financially stressful with success dependent upon many variables, including the weather, taxes, domestic and foreign competition, etc. The rewards, however, can be considerable.
-
09-07-2010, 04:57 AM #10
We have a number of such land. But I don't know that accords with your requirements. You can come to look



LinkBack URL
About LinkBacks






Reply With Quote
Bookmarks