If you would have a part of your “property” encroaching on your future neighbors property it would be best to at least talk to them to work out a deal to be able to use the “driveway” (in this case) and even get it written into a contract between both parties so that if the neighbor sells their house and a future neighbor doesn’t like you using a small part of their property you will be safe. I remember when I sold my home in San Antonio last year I had to get a new survey for the bank even though I was the second owner of the home (family was first owner that I was there for the original survey and we didnt want to spend more on a second survey). The second survey when I moved out of San Antonio and sold my home ended up costing $1500 for only a quarter acre so the cost of surveys can also vary based on the regions, utilities in the area, distance from the surveyors offices, and the remoteness of the property. I know if you purchased property in the Alaskan bush where you need a combination of one or more of the following, atvs, snow machines, boats, and/or bush planes to be able to access the property would significantly increase the price just due to the cost/time it would take to get out to the property.
As a land advisor and licensed surveyor, I can attest that everything Wayne says here is spot-on and great advice. This is great advice for both, the aspiring land investor and the seasoned investor. Don't be the "fool who rushes in" ... get a 3rd party appraisal, pay for a qualified land surveyor that performs more than just a BOUNDARY survey (you want to see easements, setbacks, protrusions and intrusions of improvements across boundary lines, permanent structures, overhead utilities, pipelines, etc. on the map).
Step one rule of thumb if you are going to shop rural land is to look at the neighbors. Talk to them about the critical stuff: Hows the water? Does the county maintain the roads for all weather access? School bus stop? Internet options? and so on. Chances are pretty good that if there are neighbors living around the area, you can live there too, just spend a minute uncovering the details.
Most neighbors would be glad to share information with a potential buyer. Respect their points of view and thank them sincerely. If its a Saturday, and good weather, check out local garage sales and talk to people about the general life in the area, it is easy to do also. Besides statistics and physically measuring things, interviews with people can be a valuable source of information.
@@garywheeler7039 That is a great idea. Not being a garage/yard sale shopper myself, I had not even considered this as a perfect opportunity to approach strangers.
I was a town manager for 6 years. Amazing how many times people would show up at my office with complaints about things they could have known had they just read the property's title.
About 15 years ago, I had a guy seek me out. I've done lawn care for 33 years,.and could identify problems by looking and feeling the ground by walking on on it. The land being looked at was around 30 acres. Designated as farmland, no restrictions beyond the usual farm related things. I walked out everything, found some problems. Brought it up with the buyer, gave rough estimates on fixing things. Seller didn't like it much, but eventually granted fixing things cost money. Price was set at $6k per acre, with the faults found price was reduced to $4,500 an acre. Be your own advocate in getting land at the correct price.
Let me just say - this is some of the most solid, and upfront advice that doesn't have some "hidden agenda" that I've seen in a long time. Great content - keep it up!
Good stuff. One additional thing to watch out for is a buried fuel tank -- When I bought my house in Seattle there was an old, buried fuel-oil tank. These houses were built in the 1940's and 1950's and the original tanks have exceeded their service live.- if the tank was leaking into the soil and you had not done due diligence to ensure no leakage before purchase, the EPA could come after you for the whole cost of cleanup (think, excavate the whole property..) instead of going after the original owner. Back then I hired a soils engineer to test the soils for contamination then immediately properly decommissioned and excavated the tank after I purchased the property. I've heard that since then the laws have changed but you just don't want that potential nightmare.
You: " if the tank was leaking into the soil and you had not done due diligence " Due means what is owed. You don't "do" due diligence. When someone goes to sell something, typically an investment, often law and regulation requires DILIGENCE to be given to prospective buyers. Buyers are OWED, i.e., DUE, prospectuses that are best efforts, i.e., diligent efforts, which cover all scenarios.
@@johnp.johnson1541 I love someone who posts an explanation that is long, detailed...and wrong. "Due Diligence" has been a defined business term since 1933, and was in legal use long before that, meaning, generally speaking, "reasonable care" or "requisite effort". So yes, you can conduct or do or take "due diligence". If you have a problem with that, you can take it up with the English language which has been using the term for a very long time. Just as a for instance, the US Supreme Court Case of _United States v. Arjona_ from 1887: "The law of nations requires every national government to use "due diligence" to prevent a wrong being done within its own dominion to another nation with which it is at peace..." So, yeah,
@@keith6706 Yeah nah. No one can DO DUE diligence. You can only doo-doo your pants, as your commentary above shows. Man up and acknowledge your ignorance. People who do not are stupid. DUE means owed. It's right in the phrase. OWED DILIGENCE. That is law. Better luck next time though.
Survey is crucial. Cost me $5500 to have it done. I had a neighbor cutting down trees on my 70 acre lot. Your neighbors will most likely not respect you.
You should tell people to go along with the surveyor with a stack of 3 foot rebar and they drive the rebar right next to each stake all the way in. When the nasty neighbor pulls up those stakes, the rebar can be found with a metal detector. @@TheRealWayneTurner
Where I live, I've noticed a lot lately farmers selling their land, and they're going thru an auction company selling them in tracts. Anywhere from 5-15 acres usually. Also, you'll see a chunk of land for sale, and someone or several others own the land around it. Got to watch both of those scenarios, because you don't know what they're plans for their property are. I'm on about 8.5 acres, mainly wooded, goes uphill all around my house, very rocky, about acre cleared around my house. Very private spot, quiet. One sort of neighbor at the front, but far enough away. Guy that owns adjoining land to the side sold 5 acres to some ahole, and it touches the back of my property. He's wanting to build "a neighborhood" back there....there's a small neighborhood around my house, I'm just outside of it. Basically he's wanting to put in duplexes or something I'm thinking. Find out when he had some surveyors out looking for sewer hookup. I'm the only house around on septic because I'm so far out. Said there's no sewer hookup around here. Long story, but surveyors were lying to me who they were working for, so I had to threaten them and run them off my property, literally guys backed up quarter mile down my road to main street lol. I got cops involved, anyway. When I found out about this guy, his plan was to run a sewer line through my 8.5 acres which would be downhill, through my front neighbor's property, out to the sewer hook up there. I laughed no way you're running- a shitline thru my property buddy. Not happening. That backs up, won't affect them uphill, but will me, and the people on the street. I guess he wasn't smart enough to get a perk test done, no way can put a septic in up there. So just waiting now to see what he plans on doing. But trust no one in these situations.
Western Montana had issues with " cheap" land that people in big cities would buy thinking they could just build a house and live there. Many found the land was remote, with no access roads and no water within drilling depth. About the only way to get to your land was by helicopter, as no one owning land around it would allow you to drive on their properties.
Yeah southern Colorado has this currently too for like $4K an acre and even less. A little bit of research shows no utilities and no paved roads for miles. Generally those lands are released by the government for private sale as they may have been used for preservation requirements or oil well drill testing.
Lots to think about for sure. It raises my appreciation for getting hold of an experienced, licensed, bonded Realtor. The brother is a surveyor (govt.) so he's heard stories, but the bigger issues come from not having your ducks in a row when you're making a sale or purchase. Thank You, Wayne!
I know someone who was looking at a lot. They asked a neighbor about the neighborhood and he got all worked up when they told him they wanted to build a house on it. The person I know asked him why he didn’t just buy the lot to keep it undeveloped. He actually told her that he could not afford to buy it and he would do everything he could to prevent them from building on it. In the end, they added a clause in their offer that an architect needed to confirm the lot was buildable. The architect said they would spend more on earth moving and fill than what the lot was worth (based on comparable lots in the area). They walked away from the purchase.
Great video. You told a lot of things that I wish I knew before I bought my first piece of land. I learned all this the hard way and mostly by luck. Most Realtors don’t want to bother with land. Always talk to the neighbors both during the day and towards the end of the day Friday. One lot I looked at featured an 80 year old neighbor in a skimpy bikini who told me all bout her lawsuit on the present owners of the lot I was interested in. Another lot I turned down I checked on after a hurricane and found a stranded boat and lots of other debri in the yard. It wasn’t registered as a flood zone on the map.
While searching a old title one sentence read,starting at the large maple tree where you and I stood yesterday, thence southerly, etc. Both men and the tree had passed on,thank heavens for good honest neighbors!
Hello, I enjoyed your video. I am an environmental consultant. I see well restrictions all the time. Often times there is an industrial property or a gas station and not only does it contaminate the site it contaminates neighboring sites and even residential areas sometimes for quite a distance. And those places have well restrictions because the groundwater is contaminated.
@@Nttt739 they are liable. But it may not be practical to clean the groundwater. They may just pay for you to get hooked up to city water or truck you water. Also the responsible party may have been gone a long time ago and there is nobody to go after. Like an old gas station that went out of business in the 1980s in a rural area and contaminated nearby parcels.
If a parcel or surrounding parcels are contaminated, is there a way for a land investor to find out this issue? It's only an issue if your stuck with a well or similar.
@@Nttt739 It can also be a problem of contamination of the soil, for example, if there is or was industry within reasonable distance which was polluting (e.g. one working in heavy/exotic metals, and there was polution due to aerial contamination). Soil samples can be sent ot the proper laboratories for testing.
Great info. Many points to ponder. I inherited property that hasn’t been surveyed in over 50 years. As you said, they measured from tree to big rocks. I should have another one done.
Spot on. I purchased a piece of land the agent said i could build a garage on. The county explained i could build one after i hired a construction firm to build a house on it with a sprinkler system for fires suppression and then hired a road company to build a road to it and hook the water and sewer to it. They did say they will not do anything to improve the area except send me the tax bills.
@@Tugela60 I think you are missing his point. They have no trouble putting down a bunch of rules for you to follow. So, it kind of ends up feeling like you serve officials instead of them serving you. In the end, all of the rules sound great, but they just end up pricing most people out of the market.
@@csouthland I am not missing his point. He thinks he can do whatever he wants, and that is not the case. You have to abode by the zoning rules for the area.
Sorry to say you can’t just buy land and throw a garage on it unless you have build plans to expand or have intention of building something with it. Read the zoning requirements for your city and if you don’t want to hire a zoning planner talk to your county. That’s what it’s gonna require
Wish I would of came across this 6 months ago!! First land purchase and i got screwed! I'm forced to spend almost an additional 100k to live here legally! Don't trust a seller get the survey done. Lesson learned the hard way.
We spent two years looking for land in socal. This all is very true. Septic is huge. One beautiful piece of land didnt allow septic and had no sewer hookup. Another had no water. We went through about 20 pieces before we found one we liked. We had an agent through the whole thing. The land we found was 15k over the last appraisel. We offered 10k over, paid cash as it was a prime piece. The reason we did this was we knew the prices of similar land and were not worried. Spent another 215k on modular and total out the door was 250k. This was socal by wrightwood. Do your due diligence and dont buy with your emotions. We did well. 3 years later it has gone up nicely.
Incinerating toilets are the thing. You push the button and it is burned with either propane or electric. I am not sure if it satisfies local, legal requirements, though.
Your advise of talking to the neighbors is indeed very important; they will be the most informed about the land and everything attached/related to it 👍🏼
Could not agree more. Anyone that grew up in a small town knows that there's a lot to know when buying land. You're also possibly getting into the middle of a lot of drama you may not want.
I'm saving this video for the future. There's been a couple of times in the past I wanted to buy some land, in some ways I'm glad now I didn't pull the trigger because I certainly would have made a bunch of mistakes. Sadly, land has gone way up since 2019 for various reasons.
As a Registered Land Surveyor (RLS), you always get a property survey before you buy or sell. Property surveys differ from topographic surveys, so make sure whoever you hire does both otherwise you won’t know the high and low spots.
This is all fantastic information, I was lucky enough to get a wonderful education from my grandfather who was a developer who constantly echoed all of this information. His main focus of information was to learn as much as you can about the local council members and how they may view your development project as they are the ones that are the gate keepers to development projects
Good information. Let me add my list. First tragic mistake is not directing a huge amount of objective attention to why you want land in the first place. This will refine your property specifications. Secondly, not teaming up with an experienced real estate land specialist who is working for you and who intimately knows what you are looking for. Third, not consuming all the knowledge you can on real estate contracts and contingency clauses that will make certain that you will be allowed to do what you expect with the property. Fourth, not getting a competent real estate attorney to consummate the closing and will advise you if he or she sees any risk in the purchase beyond the purposes for which you are buying the property. Fifth, not looking at the possibility of re-selling the property at a later date. That is, the VERY tragic mistake of not looking at the property as an investment. Sixth, WATCH the property listings everyday. Get intimately familiar with whatever is going on in the market place. Why this property cost this amount per acre and another cost this amount. Look at properties you know you wouldn't be interested in to refine your analysis skills. Seventh, don't fall in love with any property. Don't buy on the basis of emotion.
David I'm going to add that before you pull the trigger on a buy, go pull ALL of the deeds from the beginning. I know of many instances where right of ways were on earlier deeds and didn't make it onto the most recent one. Unfortunately, some Title companies and real estate attorneys only look for liens. Most of the state laws validate earlier right of ways if they existed on any previous deed. I have a friend right now that's owned her place for 30 years and no right of way is on her deed or previous. However, the fella behind her found it on an older deed and judge said it's valid in Tennessee, thus she will have a 50 foot road through the middle of her 50 acres. She's now suing the title company.
Heard a story like that in Florida ? After 30 years of owning a house & land, a large water pipeline was found with an easement. Ran a couple feet from this guy’s house. It had been put in the 1930’s. The easement was not put on the property deed until a decade later, then disappeared from future deeds. His was not the only property effected. As suburbia spread & houses built, the pipeline was not on the surveys. The town settled with his title company, but he has still seen none of the money. His house is now almost worthless. What I thought Title Insurance is for. He’s going to have to sue.
@@sorbabaric1 correct title insurance is supposed to cover any legal liens, easements, right of ways that pop up after purchase. Title insurance very seldom had any claims in years past because title companies did due diligence and started with original deed and worked their way forward. It's much more common than people realize that things drop off deeds whether from simple human error or design. Any instance where property had gone into probate, they would research through probate court and get documentation that probate was settled without encumbrance. The computer age should've made things easier and less prone to error, but it's made things worse. Many title companies only look up the 2 previous deeds on computer and even in areas where they have to physically go to deeds office, they only pull 2 previous. Most don't search probate court anymore either, they just bank on any lien being on the deed. Title insurance claims have gone up a lot as subdivisions are being built in rural areas. Your friend needs to find out how much money the title company gave the town and if the document stated how or if the money was supposed to be distributed among effected property owners. You can bet the town government signed something saying claim was settled or they wouldn't have been paid. Hopefully the town doesn't have any obscure town charter crap allowing them to use the money as they see fit. Your buddy will probably have to sue the town and provide documentation on how much his property value went down due to the pipeline. The town bears some responsibility as they didn't have to approve the subdivision if land was zoned agricultural. Town/county property tax assessment before and after should help, but real estate sales comps before and after is the best bet. Definitely get an attorney that lives and practices far enough away so as not to be in the local good ol' boys network. Let me know how it plays out.
I watch the UA-cam video of this case. I would like to add that no all title insurance are created equal and they have all kind of “no coverage”. The language is incomprehensible to lay people, and real estate agents have no clue about this, so no help there. Attorneys maybe, but they usually let the paralegals/secretaries do the work and mistakes happen. Research Title Companies and go with the best.
Thanks to you I avoided a nightmare. I was looking at 60ac in Catahoula Parish that had fences on both sides from the neighboring property. I negotiated for the seller to pay for a survey. Long story short one of the neighboring properties is now claiming adverse possession on 5 acres of the land because the fence was built over 30 years ago over the property line. I think it would be helpful for a lot of folks to give and explain boundary line disputes. Thanks to you I didnt just take the fences as the property line as I was told by the listing agent.
" Funny Farm " is a movie starring Chevy Chase and Madolyn Smith . They were buying a Farm and all of the ' Towns People ' were very nice but once they closed on the sale of the farm all of those neighbors and including their mailman became living nightmares . In renting , you need ' references ' from previous landlords . Landlords will give exceptionally ' Glowing ' references for nightmare tenants just to be rid of those folks , if they give a bad reference then no one will rent to those tenants and the current landlord will be stuck with them . So when getting out to talk with the neighbors in any and all land purchases remember some of these folks will have a vested interest one way or the other , they may warn you off on an exceptional property or they may oversell the land just to get you onto the purchase . Also remember , with rural vacant land there will be someone already encroaching onto that piece of property guaranteed , whether it's hunting , fishing or even firewood scavenging ( so long as they don't ' cut down ' any trees , but they can kill a tree without ' cutting ' it down and then come back , knock it over , then they can scavenge it because it's already down ) , in some places people search for particular plants such as mushrooms and Ginseng . Some properties even have ' Trash Dumps ' on them where the neighbors have been illegally dumping their unwanted items , you will undoubtedly have to pay for clean up and removal . Buyer Beware means for you to your own due diligence -- get a survey , walk the property more than just the expected property lines , look for signs of trespassing and definitely locate any and all trash sites .
Absolutely phenomenal advice, and all very much true, coming from someone who is from the "backwoods", you are very spot on the money with every single letter of this comment! Thank you for helping possible land buyers!
We've been looking at properties for the last three years and I'm glad I came across this video before we actually bought land. You've answered the questions I've had before we made a bad land purchase. There's cheap land for sale but it's not cheap if it's restricted use and your needs don't match the covenant of that property.
So it's useless. Good job. Slum lords aren't going out of business from lack of land. They're doing well from oppressive government regulations causing lack of competition
Buy me a few acres here in Kentucky so I can move my mobile home out of my crooked owned mobile home park. Coarse I've had shit luck in life with my health and roof being ripped off both of which I been dealing with for awhile or I'd already bought some or a house. Which is impossible to do right now with how everything is. Even with a decent career
You don't need to be near water to have flooding issues. Walk the property after a NEAVY rain. I remember 1 plot that was planned to have a house built on it that turned into a giant 3-foot-deep puddle and stayed that way for weeks waiting for the water to go down.
Really enjoying your videos- thanks. I bought a tax auction small lot about 6 years ago and was told theres no way to get a septic approved and it was in a flood plain. I paid a surveyor to draw up a topographical map of the lot with elevations. It turned out it was not in the flood plain and the road had drifted away from this lot making it look bigger. The septic issue was settled by having an engineered septic for a 2 bedroom house- i got the permit just to prove it could be done. I plan to sell it next year. I have at 10k and 7 years into this one. It should sell for 65 to 80k. A nice profit and it was a bit of a guess work prior to purchase.
On one occasion my wife and I were looking for a piece of land in Florida and we found online a deal too good to be true. We went to see the property one Sunday and it had been raining all week so when we got there we found the area flooded. The ad showed a diagram and a google street view but no pictures of the actual property. No wonder it was so cheap!
If you've ever been to Florida you always see the houses build up on mounds of dirt and sand and most have retention ponds so you can turn that somewhat cheap useless land into something.
Thank you Wayne you hit points (about everyone) we did not do one of them I wished I would have looked at is the direction of the county's 5-10 year development plan. we are now in a rural zone becoming the suburb. The development happening is not conducive to farming as the larger farms and ranches are selling to developers having speck homes popping up by the hundreds in North Idaho Panhandle.
Thank You Sir, most informative. I am a former RE Broker from up north, and I like to think I am savvy enough to go through that same list you were describing in the video. Talking to the Neighbors is the FIRST thing I like to do when I am looking into buy Real Estate any where any kind. This saved me a ton of problems and $$$$ dollars. One time i was looking at some land to buy for building a house on it. ( it is in Florida - aka; SWAMP LANDS! ) It was an FSBO, no broker / agent. I was able to take a quick look at the land, finding out it was awkward; it was more or less triangle in shape weird shaped, and very thick wooded. After doing some checking and talking to the neighbors, I came to find out all of that land around there was build up about 8 to 10 feet above the mean water levels - it was all marsh swamp. That particular triangle was the left overs after the other properties were built up. That piece of property was the left over watershed, a small hammock of land for all of the rain waters to drain off into from the surrounding homes and roads. So In essence - It was UNBUILDABLE ! Just by asking the neighbors I was able to save myself Thousands of $$$$ Dollars, and years of headaches. Thanks Again! ;-)
Really like your format and will give you a thinks up. But as far as editing, PLEASE get the music volume proportionate to the rest of the sound/dialogue. I'm listening to your voice at a comfortable level, then get blown away with music during the cuts. Just some constructive criticism for future videos. Other than that, great content and information!
Agreed - great info here! A couple things I'd also add are that if you'll need a septic system, properties may perc for a conventional system which might cost $10,000 or if not, an alternative system (example: sewage needs to be pumped up a hill for discharge). Ask about this. Alternative systems typically cost a lot more (maybe $20,000-$25,000 more?). Also consider drainage for rainwater - where will it all go? Consider what the property will be like in each season. We contracted in January. By April, everything was turning green EXCEPT for a few trees that unbeknownst to us were dead - removing them (they were too close to where the house would be) was a $6,000 unexpected cost. If there's an existing well, ask what kind of pump it has - jet, submersible, etc. Do a water test if possible. Hope this is helpful. Thanks for the great work!
Alternative systems for traditional septic are typically cheaper, at least in my area. Aerobic systems run $7,500 - $9,000. Traditional systems start around $8,500 and I often see them exceed $10k; mostly labor related.
I paid $17k for my 4 bedroom pressurized drain field system. Which is currently being installed. I've heard of systems costing $40k - $100k now depending on perc. Septic systems effectively doubled since prior to covid.
Hi ? Me&my wife brought 2.2 acres in N.C. back in 2010, that's 14 years ago we paid the taxes for the straight 12 years&our last 2 years we haven't paid it yet due you thank they are going to take our land right now God bless.
I had a friend who bought some land without mineral rites and no electricity on it. He was going to drill a well because the property next to him had a well. It was going to cost him $100,000 to get water and electricity to his land. He got the land thinking he could just call the water and the electric company and he would only pay from the road to his house.
If your intending to build on the land, electric pole in front of land, perc test if land has a lot of clay or stone, minimal wetlands, no mineral rights, no deed limitations, well costs, no known protected animals.
Another issue I've seen is people buying land and discovering there's no easement to reach it, or an easement that's not actually useable. Of course your advise to walk the property a couple of times would reveal that.
I am about to be in this situation with a one acre plot on the coast of Maine, undeveloped land with lots of good trees, neighbors or somebody have been going into it while it was vacant and cutting down the pine trees and taking them away. So glad that i saw this i am going to be contacting a my Agent tomorrow to clarify a few things. If those things as raised here, are unsatisfactory for me i shall not be purchasing. Thank You...
When I was young, my father bought 20 acres sight unseen as it was a deal. When we went to get to it, we found it had no access. It had a road… that was used by a business that didn’t allow access. So it became a joke, then a sore spot, then something that would be thrown around when my parents argued.
Most states do not allow a property to be subdivided or sold without easements recorded with the county. If an easement for access is not recorded, you can seek judicial determination for access. This doesn't mean your easement will be free, but you cannot be prohibited from accessing your land from public property.
@@xephael3485 - This was decades ago, it’s just a learning lesson now. But even then I remember that legal expenses could easily exceed the property value, so there was no way to win.
@@Nttt739 - Could have been, my dad said something about mining rights or tracts, I just remember that the business owner was unyielding and rude, LOL!
@@Erin-ThorIf the road is across his property he can use it. If it was built and used by a miner to access their claim, it is a right of way, not the miners property. In that situation your father would have to grant access to the miner, but could still use the road himself if he wanted to.
Wow, great content. I totally agree due diligence. Investigate everything, add a ton of contingencies. Do not sign a purchase agreement until you completely understand everything. Good idea to have your attorney read the contract before signing.
Thank you for your honesty. I have to be honest with you, I have never heard of someone being taken to court. In Canada nothing like that happens, at least not often.
Great video! In East TN right now, from Bristol to Chattanooga, if you take the time to get all this done, someone comes in behind you and buys it sight unseen! Especially raw land! It’s nuts! And often for cash!
Also, in Tennessee, especially, be on the lookout for sink holes on the property. I've seen lots of them lately. There are websites that allow you to search for known sinkholes by address.
Our property deed described a line. Going N, then W, then SW or whatever, but it never came back around to the original point. We bought anyways 200+ acres. Has since been surveyed. Maybe 60% perimeter was stone walls but one corner in particular was very questionable on where it was. Surveyors got it. More land than we originally thought it was! Love it!
I don't understand why the real estate agent who is selling the property doesn't have everything you need to know about the property and just add to the purchasing price.
Hello sir, you probably put this info in another video, but you left out some critical mistakes. Two items. Wetlands and power poles. 1 wetlands : if you dont do the research on the us fish and wildlife wetlands mapper, you could be in real trouble. 2 power poles. Some rural areas have land with no poles. That can be a large problem . If there is a property between yours and the nearest pole , this could restrict you with an easment . Best thing, make sure a pole touch es your property. Plus a bonus solution. You said some properties will not perk not allowing building. More accurately, it causes a restriction. There are engineered solutions sand mound sytems etc . Usually there is an out.
@@maddierosemusic so I would check with your local health dept again. I wasn't talking about properties in flood zones. He was saying any property is doomed because is perks poorly. That's not correct.
If it doesn't perc, and an alternative system is not permitted by the county, that is that. No occupancy permit will be issued. No 911 address will be instituted. You could camp and hunt on the land, but that's it.@@Nttt739
Here's a tip on buying beachfront property....look for the surfers, no really. We owned beach front in Kitty Hawk N.C. directly in front of a sandbar. So 10 minute walk south was where the surfers were catching the waves, the surf breaks over the sandbar giving you a nice curl to ride. Same at the other end. When the storms came, and they did, many took it hard from the surge. Not ours, the surge would lose its power going over the bar....In Sandbridge Va. they drove in bulkheads , bad idea.....as the waves came in the energy was forced downward, think of a wave action upside down. The energy rolled down and back out, like a huge shovel taking the sand with it. The bulkheads just laid over into the ocean and gave up. Homes worth millions eaten by the sea. ..Rule one, don't fight it, make it work in your favor.
@@Abears_ thats litterally not true are you slow lmao most good criminal lawyers cost wayyyyy more then 150/hr, hell bruce rivers on yt charges like 600 or 1k my guy
If you are purchasing just land hire an attorney. If you can't afford to hire an attorney you can't afford to purchase undeveloped real estate. If you believe you can just buy a piece of land and throw up a house on it you are in for a very rude awakening.
Every state is different, not all of them require an attorney to review real estate contracts. Louisiana, where I am located is one of them. I know, crazy.
@TheRealWayneTurner Required or not it's just a good idea. The property may not be suitable for building, there can be liens against a property, there may be set backs or other covenants, there can be utility issues, and really who knows what else. If it will require a septic system a perc test to verify drainage is likely required. I remember seeing a good sized house in Fairbanks, Alaska fenced off and condemned from where it was settling due to being built on permafrost. The house was crooked and had shifted veryically over a foot compared to the garage. Banks usually require permafrost testing so speculation was it was a pipeliner who paid cash and decided to save himself a little money.
@TheRealWayneTurner Alaska is kind of a one-off but Googling 'permafrost house' will show you pics of houses doing things houses were never meant to do.
Great video, thanks for this great content. I've got some questions, I understand if you don't want to take the trouble to answer them, but I'd appreciate it. Do you have a good source for finding property for sale? Is it worth it in your experience to track down the owner of property that isn't on the market to make an offer? Who/what do you go to for a trustworthy and relatively neutral appraisal?
I use the app LandGlide to find property owners (I don’t make anything from recommending them, it’s just a great app). I definitely think it’s worth the time investment to track down owners of land not on the market. If you aren’t using a licensed real estate agent to help you with the purchase I would recommend reaching out to the title company you will use for the title exam/ closing for an appraisal recommendation.
I loved the info that you spread, and i'm doing the same in Brazil, also i realise something that i don't know if you can do in US but we sell carbon credit because we have some native florest in our land
One thing to keep in mind about appraisals is that banks often cannot use an appraisal that a buyer hired, due to the perceived conflict of interest, an they will commission their own appraisal (which the buyer/borrower will pay for).
Thank you! I just found you last month and have been enjoying the videos. I found land I'm interested in, but a land development company is selling it and you can only make an appointment on one specific day. They supposedly have 20 plots to sell, but only one is on their website. 10% earnest money is required, survey in process, when contingencies are mentioned they act like you said nothing. I'm being told that I'm just not used to the way they do business. Calling it a liquidation sale and there is no auction.
Look up several years of aerial photos. If you see a line of greener grass going through the property that's probably where the water drains. Might be dry today, and maybe it's just rain runoff, but I've seen it be an unexpected torrent.
Wayne, you left out one important item. Don't buy a piece of land that is landlocked unless you already own the adjacent land! If you cannot construct a drive to your property you are landlocked!
Sadly, this is true. I get the reasons for this, local services like schools and law enforcement cost money and property taxes is where that money is collected. I wish we had a better system though that prevented people from losing their homes just because the land’s “value” (to somebody else) went up.
@@aliannarodriguez1581 Unfortunately greed likes to be the driver and everybody else is in the backseat screaming slow down and hanging on for dear life, just pray the car runs out of gas before we hit the brick wall.
Some friends bought a piece of property about 5 years ago to build their retirement home. Their daughter lives nearby so they could see the grandkids more often. They started build last year but a problem popped up. The well could only supply about 20 gallons a day. The local aquifer is drying up. An option was buying water from the local town and having it trucked in once a week. Then the town restricted water sales to it's residents only. Their son in law put a 400 gallon tank on a trailer and is buying water from a county water district 75 miles away. He is making 2 trips a week to get water and it is being divided between 4 homes. It is now costing each of the 4 homeowners $150 a week to have 200 gallons of water. The county says it will cost about 40 million dollars to install a water system for the 1200 or so homes in this area.
Water is unfortunately NOT an infinite resource! The water that has been accumulating in the depths of the earth for millions of years has run out!!! After all, farmers pump a lot of water to irrigate their fields. Let your friends wait a million years for the water to accumulate in the depths again and then they will be able to get a lot of water. But they won't get it for long, until the water runs out again :)))
If your county has access online records you can find it that way. If you’re not familiar with searching for online records I recommend visiting the clerk of court in person, they can assist you in finding exactly what you’re searching for
I recently inqured about a piece of property that was low-cost. Luckily, the people I spoke to were forthcoming about the whole property being lowland and essentially undevelopable. I knew there was some low land, but the listing said there was a mix of high, level, and low. Glad i asked questions first before applying for a land loan.
Don’t forget about flood zone V… I’m an insurance broker, and when people ask what “VE” means, I say “chance of flood = can you tread water?” (26% chance of flood in a 30 year mortgage period)
Was looking at pictures of a beautiful property once, but on the map you could see it was sitting in a river bend. In the mountains. Started digging deep into the on-line links and I think it was a NOAA link I think where I found the information that the home had a 99% chance of flooding in the next 10 years.
I’m getting tons of good information from your videos! Thank you so much for the education. Keep up the information, interesting work! Don’t forget to “Walk the property”😀! Respectfully Robert
6000 bucks survey ? that is crazy ! The more I watch your vids the less I wonna buy a property. I don't wonna go through all this. I would rather just rent all my life less stress less worry and cheaper.
I owned a small house in Los Angeles. My neighbor was a jerk. The garages for both properties were attached. I needed to make repairs to my side of the garage but had to break some stuff on the side we shared. He said no. I called a surveyor to determine the property lines and he quoted me $1000 & $5000. This is year 2006 money. The 1k quote was to show up, visually inspect the property, check county survey plans and say "this is your property line." The problem with that as he told me is that my neighbor could challenge it in court if the survey showed he was encroaching on my property and he might win. Now for the 5k price he would use the county survey plans, physically measure the properties and lay down a marker showing where the property lines should be. This would be an ironclad survey and if my neighbor was found to be encroaching on my property I had every right to sue him. Remember, he was a jerk. And of course the reverse applied
Thank you. I'm in the process of looking for some land to build a duplex on for my sister & me. You have gone over some of the things I knew to do. But reminded me of things need to be done before committing to a contract.
Just because a future neighbor may not want to talk with you that does not mean they will be a bad neighbor it could be that their privacy means a great deal to them. I would like to buy some forest land not because I like trees per-say but because they block peoples line of sight and make a great privacy bearer. And the last thing I am going to want is for someone trespassing on my property to ask me questions about some neighbors land.
Someone coming to your door to talk to you is not trespassing. How else are they supposed to address you? You are pretty much a bad neighbour if you get riled up over that and haul your gun out 😂
All good advice, one thing not touched on (and probably for good reason) is the politics of the area. If it's a blue area, for sure it will be more heavily taxed, regulated, and restricted. I'm currently buying in a red area. No restrictions, or regulations, or zoning. Low taxes and I can pretty much do what I want with it, vs a friend who bought in a blue area and he's been bogged down in permits and asking for permission for a couple of years now. I'm willing to bet I'll have my place built and be enjoying it, while he will still be struggling with BS.
Great information. What should we fix? Get rid of all city county and state restrictions that violate your right to personal property. That is number one. That includes anything that violates the 5th amendment of the US constitution.
You might then have a massive chicken farm go up next door - the smell is incredible. Or an airport behind you. Or a crack house next to you. I am as conservative as can be, but I have seen some horror shows out there. Let's start with lowering our property taxes DRASTICALLY - they are a rip-off.
@@maddierosemusic Drastically? Get rid of property taxes. They are unconstitutional. According to the constitution who may create a tax? Only congress. According to the fifth amendment all taxation is theft save for sales tax. The thing about individual responsibility is that we be allowed to be responsible. If someone builds a chicken farm I now have access to free high nitrogen fertilizer, if there is an airport behind me then it will be more convenient when I fly, if there is a crack house they will have a fire. The what if (insert worse case scenario) does not validate the government's ability to conduct central planning. I had 3 drug houses on my street when I moved here and that was the cities doing. They are gone now because I moved in not because of the city, yet they have the audacity to take anonymous tips that I am running a business out of my home and the city tried to take me to court until I demanded to face my accuser and they had to drop everything. The city is still going to put that shit near you but at least if we are allowed to do what we want with our own property we will have opportunities to better our own lives. Just because things are not perfect does not mean that we have to accept overlords no matter how small.
Yep, seen and heard a lot of horror stories too. Most people want to do anything they please on their land and if they are courteous, considerate people they assume there won’t be a problem with their neighbors doing the same. But it only takes one jackass to destroy everything you love about your sanctuary.
Love the video. Wish I saw it back in April when I bought my second house… realtor never gave us a final walkthrough before we closed (which we were strong armed into are closing date) it was a hot mess. Love the info. Got my 👍 and subscription. Definitely be looking into more of your content for our forever home (looking for +15 acres in the country)
Your spot on talking to the neighbors, nobody does that and that could save you from a huge problems down the road. A bad neighbor can be a nightmare.
Neighboring properties are required to grant you access to your property.
If you would have a part of your “property” encroaching on your future neighbors property it would be best to at least talk to them to work out a deal to be able to use the “driveway” (in this case) and even get it written into a contract between both parties so that if the neighbor sells their house and a future neighbor doesn’t like you using a small part of their property you will be safe. I remember when I sold my home in San Antonio last year I had to get a new survey for the bank even though I was the second owner of the home (family was first owner that I was there for the original survey and we didnt want to spend more on a second survey). The second survey when I moved out of San Antonio and sold my home ended up costing $1500 for only a quarter acre so the cost of surveys can also vary based on the regions, utilities in the area, distance from the surveyors offices, and the remoteness of the property. I know if you purchased property in the Alaskan bush where you need a combination of one or more of the following, atvs, snow machines, boats, and/or bush planes to be able to access the property would significantly increase the price just due to the cost/time it would take to get out to the property.
@@jeremyk.6456 did new survey agree with original.
@@arribaficationwineho32 yes it did agree with the original when I sold the home.
But a lot of peple misbehave just for that particular reason.
As a land advisor and licensed surveyor, I can attest that everything Wayne says here is spot-on and great advice. This is great advice for both, the aspiring land investor and the seasoned investor. Don't be the "fool who rushes in" ... get a 3rd party appraisal, pay for a qualified land surveyor that performs more than just a BOUNDARY survey (you want to see easements, setbacks, protrusions and intrusions of improvements across boundary lines, permanent structures, overhead utilities, pipelines, etc. on the map).
Step one rule of thumb if you are going to shop rural land is to look at the neighbors. Talk to them about the critical stuff: Hows the water? Does the county maintain the roads for all weather access? School bus stop? Internet options? and so on. Chances are pretty good that if there are neighbors living around the area, you can live there too, just spend a minute uncovering the details.
You can live anywhere if you are willing to put in the effort. You can't expect city amenities while living in the country.
@@jaxithfox That is a fact. I'm just glad they finally ran fiber in my rural area. Was not lovin that part of country life at 7.5Mbps
Most neighbors would be glad to share information with a potential buyer. Respect their points of view and thank them sincerely. If its a Saturday, and good weather, check out local garage sales and talk to people about the general life in the area, it is easy to do also. Besides statistics and physically measuring things, interviews with people can be a valuable source of information.
@@garywheeler7039 That is a great idea. Not being a garage/yard sale shopper myself, I had not even considered this as a perfect opportunity to approach strangers.
Same here! They ran fiber finally and rescued me from the 7.5. I now get 1Gig up and down for $80 a month.
I was a town manager for 6 years. Amazing how many times people would show up at my office with complaints about things they could have known had they just read the property's title.
About 15 years ago, I had a guy seek me out. I've done lawn care for 33 years,.and could identify problems by looking and feeling the ground by walking on on it. The land being looked at was around 30 acres. Designated as farmland, no restrictions beyond the usual farm related things. I walked out everything, found some problems. Brought it up with the buyer, gave rough estimates on fixing things. Seller didn't like it much, but eventually granted fixing things cost money. Price was set at $6k per acre, with the faults found price was reduced to $4,500 an acre. Be your own advocate in getting land at the correct price.
That’s an awesome story Shawn. Thank you for sharing.
Let me just say - this is some of the most solid, and upfront advice that doesn't have some "hidden agenda" that I've seen in a long time. Great content - keep it up!
I appreciate that!
Honesty is excellent, and the way to go.
Good stuff. One additional thing to watch out for is a buried fuel tank -- When I bought my house in Seattle there was an old, buried fuel-oil tank. These houses were built in the 1940's and 1950's and the original tanks have exceeded their service live.- if the tank was leaking into the soil and you had not done due diligence to ensure no leakage before purchase, the EPA could come after you for the whole cost of cleanup (think, excavate the whole property..) instead of going after the original owner. Back then I hired a soils engineer to test the soils for contamination then immediately properly decommissioned and excavated the tank after I purchased the property. I've heard that since then the laws have changed but you just don't want that potential nightmare.
Good point, my friend bought a lot to build on that had oil leak - he had to remove 2 feet of earth and get new dirt trucked in.
You: " if the tank was leaking into the soil and you had not done due diligence "
Due means what is owed.
You don't "do" due diligence. When someone goes to sell something, typically an investment, often law and regulation requires DILIGENCE to be given to prospective buyers.
Buyers are OWED, i.e., DUE, prospectuses that are best efforts, i.e., diligent efforts, which cover all scenarios.
I used to be an environmental tech and would routinely clean up these kinds of properties and way worse. It's not cheap, I tell you hwhat.
@@johnp.johnson1541 I love someone who posts an explanation that is long, detailed...and wrong. "Due Diligence" has been a defined business term since 1933, and was in legal use long before that, meaning, generally speaking, "reasonable care" or "requisite effort". So yes, you can conduct or do or take "due diligence". If you have a problem with that, you can take it up with the English language which has been using the term for a very long time.
Just as a for instance, the US Supreme Court Case of _United States v. Arjona_ from 1887: "The law of nations requires every national government to use "due diligence" to prevent a wrong being done within its own dominion to another nation with which it is at peace..."
So, yeah,
@@keith6706 Yeah nah. No one can DO DUE diligence.
You can only doo-doo your pants, as your commentary above shows.
Man up and acknowledge your ignorance. People who do not are stupid.
DUE means owed. It's right in the phrase.
OWED DILIGENCE.
That is law.
Better luck next time though.
Survey is crucial. Cost me $5500 to have it done. I had a neighbor cutting down trees on my 70 acre lot. Your neighbors will most likely not respect you.
People think they know where their property line is and are always surprised when the stakes go in the ground
You should tell people to go along with the surveyor with a stack of 3 foot rebar and they drive the rebar right next to each stake all the way in. When the nasty neighbor pulls up those stakes, the rebar can be found with a metal detector. @@TheRealWayneTurner
I hate neighbors like that. You see that trash all the time out there.
I've learned this is why fences make for good neighbors....
THAT is the truest statement ever! Get the survey done and establish a professional relationship with your local law enforcement.
Where I live, I've noticed a lot lately farmers selling their land, and they're going thru an auction company selling them in tracts. Anywhere from 5-15 acres usually. Also, you'll see a chunk of land for sale, and someone or several others own the land around it. Got to watch both of those scenarios, because you don't know what they're plans for their property are. I'm on about 8.5 acres, mainly wooded, goes uphill all around my house, very rocky, about acre cleared around my house. Very private spot, quiet. One sort of neighbor at the front, but far enough away. Guy that owns adjoining land to the side sold 5 acres to some ahole, and it touches the back of my property. He's wanting to build "a neighborhood" back there....there's a small neighborhood around my house, I'm just outside of it. Basically he's wanting to put in duplexes or something I'm thinking. Find out when he had some surveyors out looking for sewer hookup. I'm the only house around on septic because I'm so far out. Said there's no sewer hookup around here. Long story, but surveyors were lying to me who they were working for, so I had to threaten them and run them off my property, literally guys backed up quarter mile down my road to main street lol. I got cops involved, anyway. When I found out about this guy, his plan was to run a sewer line through my 8.5 acres which would be downhill, through my front neighbor's property, out to the sewer hook up there. I laughed no way you're running- a shitline thru my property buddy. Not happening. That backs up, won't affect them uphill, but will me, and the people on the street. I guess he wasn't smart enough to get a perk test done, no way can put a septic in up there. So just waiting now to see what he plans on doing. But trust no one in these situations.
Another of the many things they could be teaching kids in school...
This is school for me.
Thanks much!
but that could lead to empowing the people. We cant have that happening
How would that benefit government indoctrination facilities whose goal is to produce non-critical thinking order following tools?
Western Montana had issues with " cheap" land that people in big cities would buy thinking they could just build a house and live there. Many found the land was remote, with no access roads and no water within drilling depth. About the only way to get to your land was by helicopter, as no one owning land around it would allow you to drive on their properties.
waow.
Yeah southern Colorado has this currently too for like $4K an acre and even less. A little bit of research shows no utilities and no paved roads for miles. Generally those lands are released by the government for private sale as they may have been used for preservation requirements or oil well drill testing.
Yup, landlocked. You might be able to pay the neighbor for an easement to allow you access - but he has no obligation to grant that easement.
We don't want out of state people. Expect hostility, including contractors no one here wants or is impressed by money
@@sean5278 So only the people inside your State line are wanted; even if they are no good?
Lots to think about for sure. It raises my appreciation for getting hold of an experienced, licensed, bonded Realtor.
The brother is a surveyor (govt.) so he's heard stories, but the bigger issues come from not having your ducks in a
row when you're making a sale or purchase. Thank You, Wayne!
LOVE to hear real world scenarios...Nothing sinks in this noggin for learning better than real world examples
I know someone who was looking at a lot. They asked a neighbor about the neighborhood and he got all worked up when they told him they wanted to build a house on it. The person I know asked him why he didn’t just buy the lot to keep it undeveloped. He actually told her that he could not afford to buy it and he would do everything he could to prevent them from building on it. In the end, they added a clause in their offer that an architect needed to confirm the lot was buildable. The architect said they would spend more on earth moving and fill than what the lot was worth (based on comparable lots in the area). They walked away from the purchase.
I know of a very similar situation happening in my town right now (not my clients). Some digging and legwork can save you from a bad mistake
This is, by far, the BEST, most informative video I've EVER watched. I'm new to home/land ownership. Thank you!!!!
Thank you for watching!
Great video. You told a lot of things that I wish I knew before I bought my first piece of land. I learned all this the hard way and mostly by luck. Most Realtors don’t want to bother with land. Always talk to the neighbors both during the day and towards the end of the day Friday. One lot I looked at featured an 80 year old neighbor in a skimpy bikini who told me all bout her lawsuit on the present owners of the lot I was interested in. Another lot I turned down I checked on after a hurricane and found a stranded boat and lots of other debri in the yard. It wasn’t registered as a flood zone on the map.
Thank you for a magnificent video. Logical, straightforward, and clear. You nailed it!
While searching a old title one sentence read,starting at the large maple tree where you and I stood yesterday, thence southerly, etc. Both men and the tree had passed on,thank heavens for good honest neighbors!
Hello, I enjoyed your video. I am an environmental consultant. I see well restrictions all the time. Often times there is an industrial property or a gas station and not only does it contaminate the site it contaminates neighboring sites and even residential areas sometimes for quite a distance. And those places have well restrictions because the groundwater is contaminated.
But those industrial sites should be liable to whatever damaged they caused
@@Nttt739 they are liable. But it may not be practical to clean the groundwater. They may just pay for you to get hooked up to city water or truck you water. Also the responsible party may have been gone a long time ago and there is nobody to go after. Like an old gas station that went out of business in the 1980s in a rural area and contaminated nearby parcels.
If a parcel or surrounding parcels are contaminated, is there a way for a land investor to find out this issue? It's only an issue if your stuck with a well or similar.
@@Nttt739 It can also be a problem of contamination of the soil, for example, if there is or was industry within reasonable distance which was polluting (e.g. one working in heavy/exotic metals, and there was polution due to aerial contamination). Soil samples can be sent ot the proper laboratories for testing.
Great info. Many points to ponder. I inherited property that hasn’t been surveyed in over 50 years. As you said, they measured from tree to big rocks. I should have another one done.
Spot on. I purchased a piece of land the agent said i could build a garage on. The county explained i could build one after i hired a construction firm to build a house on it with a sprinkler system for fires suppression and then hired a road company to build a road to it and hook the water and sewer to it. They did say they will not do anything to improve the area except send me the tax bills.
Taxes are for building and maintaining services on public land. The portion of those services that is on your private land is YOUR responsibility.
@@Tugela60 I think you are missing his point. They have no trouble putting down a bunch of rules for you to follow. So, it kind of ends up feeling like you serve officials instead of them serving you. In the end, all of the rules sound great, but they just end up pricing most people out of the market.
@@csouthland I am not missing his point. He thinks he can do whatever he wants, and that is not the case. You have to abode by the zoning rules for the area.
Sorry to say you can’t just buy land and throw a garage on it unless you have build plans to expand or have intention of building something with it. Read the zoning requirements for your city and if you don’t want to hire a zoning planner talk to your county. That’s what it’s gonna require
Wish I would of came across this 6 months ago!! First land purchase and i got screwed! I'm forced to spend almost an additional 100k to live here legally! Don't trust a seller get the survey done. Lesson learned the hard way.
Man, I hate to hear that!
May I ask what happened? What did the seller not disclose?
@@andreimations7340 Probably utilities access and cost, given the huge bill involved.
just dont buy land in the ussa, you can never own land anyway its all a scam, rip.
We spent two years looking for land in socal. This all is very true. Septic is huge. One beautiful piece of land didnt allow septic and had no sewer hookup. Another had no water. We went through about 20 pieces before we found one we liked. We had an agent through the whole thing. The land we found was 15k over the last appraisel. We offered 10k over, paid cash as it was a prime piece. The reason we did this was we knew the prices of similar land and were not worried. Spent another 215k on modular and total out the door was 250k. This was socal by wrightwood. Do your due diligence and dont buy with your emotions. We did well. 3 years later it has gone up nicely.
And did you hire someone to tell you about the water situation and sewer situation I was at something you uncovered on your own
@@PerfectNormal realitor had all that info, I actually turned down several properties because of those exact issues.
@@MattLikesGaming so a realtor worth their salt should have that info? Thanks for the reply.
Incinerating toilets are the thing. You push the button and it is burned with either propane or electric. I am not sure if it satisfies local, legal requirements, though.
@@pavel9652i live in a fire zone so im guessing no. They won't allow anything that may burn no matter how low the chance
Your advise of talking to the neighbors is indeed very important; they will be the most informed about the land and everything attached/related to it 👍🏼
Could not agree more. Anyone that grew up in a small town knows that there's a lot to know when buying land. You're also possibly getting into the middle of a lot of drama you may not want.
I'm saving this video for the future. There's been a couple of times in the past I wanted to buy some land, in some ways I'm glad now I didn't pull the trigger because I certainly would have made a bunch of mistakes. Sadly, land has gone way up since 2019 for various reasons.
As a Registered Land Surveyor (RLS), you always get a property survey before you buy or sell.
Property surveys differ from topographic surveys, so make sure whoever you hire does both otherwise you won’t know the high and low spots.
This is all fantastic information, I was lucky enough to get a wonderful education from my grandfather who was a developer who constantly echoed all of this information. His main focus of information was to learn as much as you can about the local council members and how they may view your development project as they are the ones that are the gate keepers to development projects
Good information. Let me add my list. First tragic mistake is not directing a huge amount of objective attention to why you want land in the first place. This will refine your property specifications. Secondly, not teaming up with an experienced real estate land specialist who is working for you and who intimately knows what you are looking for. Third, not consuming all the knowledge you can on real estate contracts and contingency clauses that will make certain that you will be allowed to do what you expect with the property. Fourth, not getting a competent real estate attorney to consummate the closing and will advise you if he or she sees any risk in the purchase beyond the purposes for which you are buying the property. Fifth, not looking at the possibility of re-selling the property at a later date. That is, the VERY tragic mistake of not looking at the property as an investment. Sixth, WATCH the property listings everyday. Get intimately familiar with whatever is going on in the market place. Why this property cost this amount per acre and another cost this amount. Look at properties you know you wouldn't be interested in to refine your analysis skills. Seventh, don't fall in love with any property. Don't buy on the basis of emotion.
David I'm going to add that before you pull the trigger on a buy, go pull ALL of the deeds from the beginning. I know of many instances where right of ways were on earlier deeds and didn't make it onto the most recent one. Unfortunately, some Title companies and real estate attorneys only look for liens. Most of the state laws validate earlier right of ways if they existed on any previous deed.
I have a friend right now that's owned her place for 30 years and no right of way is on her deed or previous. However, the fella behind her found it on an older deed and judge said it's valid in Tennessee, thus she will have a 50 foot road through the middle of her 50 acres. She's now suing the title company.
Heard a story like that in Florida ? After 30 years of owning a house & land, a large water pipeline was found with an easement. Ran a couple feet from this guy’s house. It had been put in the 1930’s. The easement was not put on the property deed until a decade later, then disappeared from future deeds. His was not the only property effected. As suburbia spread & houses built, the pipeline was not on the surveys.
The town settled with his title company, but he has still seen none of the money. His house is now almost worthless. What I thought Title Insurance is for. He’s going to have to sue.
@@sorbabaric1 correct title insurance is supposed to cover any legal liens, easements, right of ways that pop up after purchase.
Title insurance very seldom had any claims in years past because title companies did due diligence and started with original deed and worked their way forward. It's much more common than people realize that things drop off deeds whether from simple human error or design.
Any instance where property had gone into probate, they would research through probate court and get documentation that probate was settled without encumbrance.
The computer age should've made things easier and less prone to error, but it's made things worse. Many title companies only look up the 2 previous deeds on computer and even in areas where they have to physically go to deeds office, they only pull 2 previous. Most don't search probate court anymore either, they just bank on any lien being on the deed.
Title insurance claims have gone up a lot as subdivisions are being built in rural areas.
Your friend needs to find out how much money the title company gave the town and if the document stated how or if the money was supposed to be distributed among effected property owners.
You can bet the town government signed something saying claim was settled or they wouldn't have been paid. Hopefully the town doesn't have any obscure town charter crap allowing them to use the money as they see fit.
Your buddy will probably have to sue the town and provide documentation on how much his property value went down due to the pipeline. The town bears some responsibility as they didn't have to approve the subdivision if land was zoned agricultural. Town/county property tax assessment before and after should help, but real estate sales comps before and after is the best bet.
Definitely get an attorney that lives and practices far enough away so as not to be in the local good ol' boys network. Let me know how it plays out.
I watch the UA-cam video of this case. I would like to add that no all title insurance are created equal and they have all kind of “no coverage”. The language is incomprehensible to lay people, and real estate agents have no clue about this, so no help there. Attorneys maybe, but they usually let the paralegals/secretaries do the work and mistakes happen. Research Title Companies and go with the best.
I ain't got time for all that. I will stick to my tent
Great video - I really enjoy your helpful content! And yes, asking neighbors is just such a good thing to do!!
It can make all the difference! Thanks for watching Darren.
Maybe. They may not tell you the truth if they want to discourage you from buying.
Thanks to you I avoided a nightmare. I was looking at 60ac in Catahoula Parish that had fences on both sides from the neighboring property. I negotiated for the seller to pay for a survey. Long story short one of the neighboring properties is now claiming adverse possession on 5 acres of the land because the fence was built over 30 years ago over the property line. I think it would be helpful for a lot of folks to give and explain boundary line disputes. Thanks to you I didnt just take the fences as the property line as I was told by the listing agent.
" Funny Farm " is a movie starring Chevy Chase and Madolyn Smith . They were buying a Farm and all of the ' Towns People ' were very nice but once they closed on the sale of the farm all of those neighbors and including their mailman became living nightmares .
In renting , you need ' references ' from previous landlords . Landlords will give exceptionally ' Glowing ' references for nightmare tenants just to be rid of those folks , if they give a bad reference then no one will rent to those tenants and the current landlord will be stuck with them .
So when getting out to talk with the neighbors in any and all land purchases remember some of these folks will have a vested interest one way or the other , they may warn you off on an exceptional property or they may oversell the land just to get you onto the purchase .
Also remember , with rural vacant land there will be someone already encroaching onto that piece of property guaranteed , whether it's hunting , fishing or even firewood scavenging ( so long as they don't ' cut down ' any trees , but they can kill a tree without ' cutting ' it down and then come back , knock it over , then they can scavenge it because it's already down ) , in some places people search for particular plants such as mushrooms and Ginseng . Some properties even have ' Trash Dumps ' on them where the neighbors have been illegally dumping their unwanted items , you will undoubtedly have to pay for clean up and removal .
Buyer Beware means for you to your own due diligence -- get a survey , walk the property more than just the expected property lines , look for signs of trespassing and definitely locate any and all trash sites .
I agree! And I love that movie!
It would be funny if it wasnt true and you had a dog in the game. Same with The Money Pit and Green Acres.
Absolutely phenomenal advice, and all very much true, coming from someone who is from the "backwoods", you are very spot on the money with every single letter of this comment! Thank you for helping possible land buyers!
@@TheRealWayneTurner Money Put starring Tom Hanks
PIT
We've been looking at properties for the last three years and I'm glad I came across this video before we actually bought land. You've answered the questions I've had before we made a bad land purchase. There's cheap land for sale but it's not cheap if it's restricted use and your needs don't match the covenant of that property.
I buy land to prevent corporations and greedy slumlords from buying it and destroying the land.
So it's useless. Good job. Slum lords aren't going out of business from lack of land. They're doing well from oppressive government regulations causing lack of competition
You must be rich.
If they own the banks and the courts they can outbid you any time.
Buy me a few acres here in Kentucky so I can move my mobile home out of my crooked owned mobile home park. Coarse I've had shit luck in life with my health and roof being ripped off both of which I been dealing with for awhile or I'd already bought some or a house. Which is impossible to do right now with how everything is. Even with a decent career
You don't need to be near water to have flooding issues. Walk the property after a NEAVY rain. I remember 1 plot that was planned to have a house built on it that turned into a giant 3-foot-deep puddle and stayed that way for weeks waiting for the water to go down.
That's a great point!!
Really enjoying your videos- thanks. I bought a tax auction small lot about 6 years ago and was told theres no way to get a septic approved and it was in a flood plain. I paid a surveyor to draw up a topographical map of the lot with elevations. It turned out it was not in the flood plain and the road had drifted away from this lot making it look bigger. The septic issue was settled by having an engineered septic for a 2 bedroom house- i got the permit just to prove it could be done. I plan to sell it next year. I have at 10k and 7 years into this one. It should sell for 65 to 80k. A nice profit and it was a bit of a guess work prior to purchase.
Nice!
Pierce Brosnan (with a southern accent) delivers another great video!
Lol! Thank you boss.
On one occasion my wife and I were looking for a piece of land in Florida and we found online a deal too good to be true. We went to see the property one Sunday and it had been raining all week so when we got there we found the area flooded. The ad showed a diagram and a google street view but no pictures of the actual property. No wonder it was so cheap!
If you've ever been to Florida you always see the houses build up on mounds of dirt and sand and most have retention ponds so you can turn that somewhat cheap useless land into something.
Thank you Wayne you hit points (about everyone) we did not do one of them I wished I would have looked at is the direction of the county's 5-10 year development plan. we are now in a rural zone becoming the suburb. The development happening is not conducive to farming as the larger farms and ranches are selling to developers having speck homes popping up by the hundreds in North Idaho Panhandle.
Thank You Sir, most informative. I am a former RE Broker from up north, and I like to think I am savvy enough to go through that same list you were describing in the video.
Talking to the Neighbors is the FIRST thing I like to do when I am looking into buy Real Estate any where any kind.
This saved me a ton of problems and $$$$ dollars.
One time i was looking at some land to buy for building a house on it. ( it is in Florida - aka; SWAMP LANDS! ) It was an FSBO, no broker / agent. I was able to take a quick look at the land, finding out it was awkward; it was more or less triangle in shape weird shaped, and very thick wooded.
After doing some checking and talking to the neighbors, I came to find out all of that land around there was build up about 8 to 10 feet above the mean water levels - it was all marsh swamp. That particular triangle was the left overs after the other properties were built up.
That piece of property was the left over watershed, a small hammock of land for all of the rain waters to drain off into from the surrounding homes and roads.
So In essence - It was UNBUILDABLE ! Just by asking the neighbors I was able to save myself Thousands of $$$$ Dollars, and years of headaches.
Thanks Again! ;-)
Really like your format and will give you a thinks up. But as far as editing, PLEASE get the music volume proportionate to the rest of the sound/dialogue. I'm listening to your voice at a comfortable level, then get blown away with music during the cuts. Just some constructive criticism for future videos. Other than that, great content and information!
Agreed - great info here! A couple things I'd also add are that if you'll need a septic system, properties may perc for a conventional system which might cost $10,000 or if not, an alternative system (example: sewage needs to be pumped up a hill for discharge). Ask about this. Alternative systems typically cost a lot more (maybe $20,000-$25,000 more?). Also consider drainage for rainwater - where will it all go? Consider what the property will be like in each season. We contracted in January. By April, everything was turning green EXCEPT for a few trees that unbeknownst to us were dead - removing them (they were too close to where the house would be) was a $6,000 unexpected cost. If there's an existing well, ask what kind of pump it has - jet, submersible, etc. Do a water test if possible. Hope this is helpful. Thanks for the great work!
Alternative systems for traditional septic are typically cheaper, at least in my area. Aerobic systems run $7,500 - $9,000. Traditional systems start around $8,500 and I often see them exceed $10k; mostly labor related.
They are $30-$40 in Virginia. I think it depends on which state you are in.@@goosedogtransam1020
I paid $17k for my 4 bedroom pressurized drain field system. Which is currently being installed. I've heard of systems costing $40k - $100k now depending on perc. Septic systems effectively doubled since prior to covid.
Hi ? Me&my wife brought 2.2 acres in N.C. back in 2010, that's 14 years ago we paid the taxes for the straight 12 years&our last 2 years we haven't paid it yet due you thank they are going to take our land right now God bless.
Thank you, my family is just starting our land purchase journey. I appreciate the info!
Best of luck! If you need help connecting with a Realtor in your area let me know
I had a friend who bought some land without mineral rites and no electricity on it. He was going to drill a well because the property next to him had a well. It was going to cost him $100,000 to get water and electricity to his land. He got the land thinking he could just call the water and the electric company and he would only pay from the road to his house.
If your intending to build on the land, electric pole in front of land, perc test if land has a lot of clay or stone, minimal wetlands, no mineral rights, no deed limitations, well costs, no known protected animals.
Mr. Turner has truly opened my eyes to purchasing land. Thank you!
Great information, always something to learn with your videos
Pretty comprehensive video that really boils down to ‘hire experts.’
Another issue I've seen is people buying land and discovering there's no easement to reach it, or an easement that's not actually useable. Of course your advise to walk the property a couple of times would reveal that.
Having access to the property is arguably the most important detail to look for when shopping for land (unless you travel via helicopter 🚁)
Its called Land Lock .. a potential nightmare
I am about to be in this situation with a one acre plot on the coast of Maine, undeveloped land with lots of good trees, neighbors or somebody have been going into it while it was vacant and cutting down the pine trees and taking them away. So glad that i saw this i am going to be contacting a my Agent tomorrow to clarify a few things. If those things as raised here, are unsatisfactory for me i shall not be purchasing. Thank You...
Thanks Wayne! Very helpful information and greatly appreciated.
Glad it was helpful!
Enjoying your snappy presentation style. Kudos sir. 👍
When I was young, my father bought 20 acres sight unseen as it was a deal. When we went to get to it, we found it had no access. It had a road… that was used by a business that didn’t allow access. So it became a joke, then a sore spot, then something that would be thrown around when my parents argued.
Most states do not allow a property to be subdivided or sold without easements recorded with the county. If an easement for access is not recorded, you can seek judicial determination for access. This doesn't mean your easement will be free, but you cannot be prohibited from accessing your land from public property.
@@xephael3485 - This was decades ago, it’s just a learning lesson now. But even then I remember that legal expenses could easily exceed the property value, so there was no way to win.
Usually this happens to properties subdivided in rural areas many years back . County and state government are usually to blame. What's new
@@Nttt739 - Could have been, my dad said something about mining rights or tracts, I just remember that the business owner was unyielding and rude, LOL!
@@Erin-ThorIf the road is across his property he can use it. If it was built and used by a miner to access their claim, it is a right of way, not the miners property. In that situation your father would have to grant access to the miner, but could still use the road himself if he wanted to.
Wow, great content. I totally agree due diligence. Investigate everything, add a ton of contingencies. Do not sign a purchase agreement until you completely understand everything. Good idea to have your attorney read the contract before signing.
Thank you so much Wayne for this information. This has helped me so much in my planning! Taking notes the second time I watch it.
Thank you for your honesty. I have to be honest with you, I have never heard of someone being taken to court. In Canada nothing like that happens, at least not often.
I wish I lived in Canada. Here in the U.S. everyone involved in real estate is out to suck every penny they can out of you.
Great video! In East TN right now, from Bristol to Chattanooga, if you take the time to get all this done, someone comes in behind you and buys it sight unseen! Especially raw land! It’s nuts! And often for cash!
Also, in Tennessee, especially, be on the lookout for sink holes on the property. I've seen lots of them lately. There are websites that allow you to search for known sinkholes by address.
So much information that everyone needs to know. But it’s the editing that got me.
Prior to our last property purchase. We also walked the property after a heavy rain. Water runoff speaks alot also.
My favorite time to look at property is after a heavy rain, even better if it’s been raining for a few days.
Great video, especially regarding speaking with the neighbors.
Glad you enjoyed it
A lot of good information in a straight forward video
Thanks!
Good advice I'll make sure and look if any restrictions on any property I'm looking at thinking of buying for my next home
Thank you for this! Are there any books you recommend for in-depth learning?
Our property deed described a line. Going N, then W, then SW or whatever, but it never came back around to the original point. We bought anyways 200+ acres. Has since been surveyed. Maybe 60% perimeter was stone walls but one corner in particular was very questionable on where it was. Surveyors got it. More land than we originally thought it was! Love it!
I don't understand why the real estate agent who is selling the property doesn't have everything you need to know about the property and just add to the purchasing price.
I often wonder about that myself
I just bought 4.5 acres and there was no Real Estate Agent. Bought directly from owner. I used a Title Company.
Mindset is "Who cares I make my money anyways"
thank you very much very good informations. I start look for buy a lot of land in Pasco County area. Now i undestend why some lot of land are cheap.
Hello sir, you probably put this info in another video, but you left out some critical mistakes. Two items. Wetlands and power poles. 1 wetlands : if you dont do the research on the us fish and wildlife wetlands mapper, you could be in real trouble. 2 power poles. Some rural areas have land with no poles. That can be a large problem . If there is a property between yours and the nearest pole , this could restrict you with an easment . Best thing, make sure a pole touch es your property. Plus a bonus solution. You said some properties will not perk not allowing building. More accurately, it causes a restriction. There are engineered solutions sand mound sytems etc . Usually there is an out.
Not when they are near the water in Maryland and Virginia - NO new septic can be installed on A/E flood zone. Might depend on which state you are in.
@@maddierosemusic so I would check with your local health dept again. I wasn't talking about properties in flood zones. He was saying any property is doomed because is perks poorly. That's not correct.
If it doesn't perc, and an alternative system is not permitted by the county, that is that. No occupancy permit will be issued. No 911 address will be instituted. You could camp and hunt on the land, but that's it.@@Nttt739
good work wayne , your videos are great knowledge and what i enjoy the most is you get to the point! good work sir
Idk who this is or how this ended up in my algorithm but I appreciate the silver fox with an accent 😊
Thanks
This is a well done informative video. Excellent advice.
Here's a tip on buying beachfront property....look for the surfers, no really. We owned beach front in Kitty Hawk N.C. directly in front of a sandbar. So 10 minute walk south was where the surfers were catching the waves, the surf breaks over the sandbar giving you a nice curl to ride. Same at the other end. When the storms came, and they did, many took it hard from the surge. Not ours, the surge would lose its power going over the bar....In Sandbridge Va. they drove in bulkheads , bad idea.....as the waves came in the energy was forced downward, think of a wave action upside down. The energy rolled down and back out, like a huge shovel taking the sand with it. The bulkheads just laid over into the ocean and gave up. Homes worth millions eaten by the sea. ..Rule one, don't fight it, make it work in your favor.
Nice tip!
Love the video. I bought ten acres in 2005. Got a second passed perk and did a subdivision. Made bank.
Takeaway from the video……..
Become a surveyor and make $2k a day lol 😂
haha!! For real!!
Become a lawyer and make $2K an hour.
@@Bearwithme560 you’re wayyy off. Lawyers make $150/hr at best unless you’re a corporate lawyer and they only make $300/hr
@@Abears_ thats litterally not true are you slow lmao most good criminal lawyers cost wayyyyy more then 150/hr, hell bruce rivers on yt charges like 600 or 1k my guy
@@moneybilla You really should research before opening your mouth
Excellent, thank you. Great to know about your network of agents.
Welcome!
If you are purchasing just land hire an attorney. If you can't afford to hire an attorney you can't afford to purchase undeveloped real estate. If you believe you can just buy a piece of land and throw up a house on it you are in for a very rude awakening.
Every state is different, not all of them require an attorney to review real estate contracts. Louisiana, where I am located is one of them. I know, crazy.
@TheRealWayneTurner Required or not it's just a good idea. The property may not be suitable for building, there can be liens against a property, there may be set backs or other covenants, there can be utility issues, and really who knows what else. If it will require a septic system a perc test to verify drainage is likely required. I remember seeing a good sized house in Fairbanks, Alaska fenced off and condemned from where it was settling due to being built on permafrost. The house was crooked and had shifted veryically over a foot compared to the garage. Banks usually require permafrost testing so speculation was it was a pipeliner who paid cash and decided to save himself a little money.
@TheRealWayneTurner Alaska is kind of a one-off but Googling 'permafrost house' will show you pics of houses doing things houses were never meant to do.
We do it in Texas all the time. Doing your due diligence is just part of it.
@@TheRealWayneTurner title insurance cover some of these issues???
I can’t stop thinking about what is in the Macy’s bag in the back seat . Great video!
Great video, thanks for this great content. I've got some questions, I understand if you don't want to take the trouble to answer them, but I'd appreciate it. Do you have a good source for finding property for sale? Is it worth it in your experience to track down the owner of property that isn't on the market to make an offer? Who/what do you go to for a trustworthy and relatively neutral appraisal?
I use the app LandGlide to find property owners (I don’t make anything from recommending them, it’s just a great app). I definitely think it’s worth the time investment to track down owners of land not on the market. If you aren’t using a licensed real estate agent to help you with the purchase I would recommend reaching out to the title company you will use for the title exam/ closing for an appraisal recommendation.
I loved the info that you spread, and i'm doing the same in Brazil, also i realise something that i don't know if you can do in US but we sell carbon credit because we have some native florest in our land
One thing to keep in mind about appraisals is that banks often cannot use an appraisal that a buyer hired, due to the perceived conflict of interest, an they will commission their own appraisal (which the buyer/borrower will pay for).
Yes, you are correct
Thank you! I just found you last month and have been enjoying the videos. I found land I'm interested in, but a land development company is selling it and you can only make an appointment on one specific day. They supposedly have 20 plots to sell, but only one is on their website. 10% earnest money is required, survey in process, when contingencies are mentioned they act like you said nothing. I'm being told that I'm just not used to the way they do business. Calling it a liquidation sale and there is no auction.
I'd be real careful when they want to corral you like that.
Look up several years of aerial photos. If you see a line of greener grass going through the property that's probably where the water drains. Might be dry today, and maybe it's just rain runoff, but I've seen it be an unexpected torrent.
Great vid! So many potential problems
Wayne, you left out one important item. Don't buy a piece of land that is landlocked unless you already own the adjacent land! If you cannot construct a drive to your property you are landlocked!
Good information here. Thanks!
You can never truly live on your land for free. You have to have some kind of income for the tax man.
Sadly, this is true. I get the reasons for this, local services like schools and law enforcement cost money and property taxes is where that money is collected. I wish we had a better system though that prevented people from losing their homes just because the land’s “value” (to somebody else) went up.
@@aliannarodriguez1581 Unfortunately greed likes to be the driver and everybody else is in the backseat screaming slow down and hanging on for dear life, just pray the car runs out of gas before we hit the brick wall.
Exactly there is never true ownership. And that's becoming true with everything in life.
Some friends bought a piece of property about 5 years ago to build their retirement home. Their daughter lives nearby so they could see the grandkids more often. They started build last year but a problem popped up. The well could only supply about 20 gallons a day. The local aquifer is drying up. An option was buying water from the local town and having it trucked in once a week. Then the town restricted water sales to it's residents only. Their son in law put a 400 gallon tank on a trailer and is buying water from a county water district 75 miles away. He is making 2 trips a week to get water and it is being divided between 4 homes. It is now costing each of the 4 homeowners $150 a week to have 200 gallons of water. The county says it will cost about 40 million dollars to install a water system for the 1200 or so homes in this area.
Water is unfortunately NOT an infinite resource! The water that has been accumulating in the depths of the earth for millions of years has run out!!! After all, farmers pump a lot of water to irrigate their fields. Let your friends wait a million years for the water to accumulate in the depths again and then they will be able to get a lot of water. But they won't get it for long, until the water runs out again :)))
Can a “deed restriction” be found online on the county website of the land ?
If your county has access online records you can find it that way. If you’re not familiar with searching for online records I recommend visiting the clerk of court in person, they can assist you in finding exactly what you’re searching for
Great video with lots of great information. Thank you!
Glad you enjoyed it!
I recently inqured about a piece of property that was low-cost. Luckily, the people I spoke to were forthcoming about the whole property being lowland and essentially undevelopable. I knew there was some low land, but the listing said there was a mix of high, level, and low. Glad i asked questions first before applying for a land loan.
Don’t forget about flood zone V… I’m an insurance broker, and when people ask what “VE” means, I say “chance of flood = can you tread water?”
(26% chance of flood in a 30 year mortgage period)
Was looking at pictures of a beautiful property once, but on the map you could see it was sitting in a river bend. In the mountains. Started digging deep into the on-line links and I think it was a NOAA link I think where I found the information that the home had a 99% chance of flooding in the next 10 years.
Very informative video. Thank you.
I’m getting tons of good information from your videos! Thank you so much for the education. Keep up the information, interesting work! Don’t forget to “Walk the property”😀!
Respectfully
Robert
Great to hear! Thanks for watching!
6000 bucks survey ? that is crazy ! The more I watch your vids the less I wonna buy a property. I don't wonna go through all this. I would rather just rent all my life less stress less worry and cheaper.
I owned a small house in Los Angeles. My neighbor was a jerk. The garages for both properties were attached. I needed to make repairs to my side of the garage but had to break some stuff on the side we shared. He said no. I called a surveyor to determine the property lines and he quoted me $1000 & $5000. This is year 2006 money. The 1k quote was to show up, visually inspect the property, check county survey plans and say "this is your property line." The problem with that as he told me is that my neighbor could challenge it in court if the survey showed he was encroaching on my property and he might win.
Now for the 5k price he would use the county survey plans, physically measure the properties and lay down a marker showing where the property lines should be. This would be an ironclad survey and if my neighbor was found to be encroaching on my property I had every right to sue him. Remember, he was a jerk. And of course the reverse applied
That's nothing, just talked to a guy who said the surveyor took a month and cost $35k. I forget the size of the property, but it was all wooded.
Thank you. I'm in the process of looking for some land to build a duplex on for my sister & me. You have gone over some of the things I knew to do. But reminded me of things need to be done before committing to a contract.
Just because a future neighbor may not want to talk with you that does not mean they will be a bad neighbor it could be that their privacy means a great deal to them. I would like to buy some forest land not because I like trees per-say but because they block peoples line of sight and make a great privacy bearer. And the last thing I am going to want is for someone trespassing on my property to ask me questions about some neighbors land.
Someone coming to your door to talk to you is not trespassing. How else are they supposed to address you? You are pretty much a bad neighbour if you get riled up over that and haul your gun out 😂
I want some land for hunting and a possible home on that land for when I go hunt with the guys. Great video definitely got me thinking
Awesome! Let me know if you need help connecting with a qualified agent in your area when you're ready to purchase.
All good advice, one thing not touched on (and probably for good reason) is the politics of the area. If it's a blue area, for sure it will be more heavily taxed, regulated, and restricted. I'm currently buying in a red area. No restrictions, or regulations, or zoning. Low taxes and I can pretty much do what I want with it, vs a friend who bought in a blue area and he's been bogged down in permits and asking for permission for a couple of years now. I'm willing to bet I'll have my place built and be enjoying it, while he will still be struggling with BS.
If also means the chances of something going wrong are way higher. And then you are on your own.
Regulation has a purpose, to protect owners.
@@Tugela60 hahahaha
This is good stuff. Thanks for the insights.
Glad it was helpful!
Great information. What should we fix? Get rid of all city county and state restrictions that violate your right to personal property. That is number one. That includes anything that violates the 5th amendment of the US constitution.
You might then have a massive chicken farm go up next door - the smell is incredible. Or an airport behind you. Or a crack house next to you. I am as conservative as can be, but I have seen some horror shows out there. Let's start with lowering our property taxes DRASTICALLY - they are a rip-off.
@@maddierosemusic Drastically? Get rid of property taxes. They are unconstitutional. According to the constitution who may create a tax? Only congress. According to the fifth amendment all taxation is theft save for sales tax. The thing about individual responsibility is that we be allowed to be responsible. If someone builds a chicken farm I now have access to free high nitrogen fertilizer, if there is an airport behind me then it will be more convenient when I fly, if there is a crack house they will have a fire. The what if (insert worse case scenario) does not validate the government's ability to conduct central planning. I had 3 drug houses on my street when I moved here and that was the cities doing. They are gone now because I moved in not because of the city, yet they have the audacity to take anonymous tips that I am running a business out of my home and the city tried to take me to court until I demanded to face my accuser and they had to drop everything. The city is still going to put that shit near you but at least if we are allowed to do what we want with our own property we will have opportunities to better our own lives. Just because things are not perfect does not mean that we have to accept overlords no matter how small.
Yep, seen and heard a lot of horror stories too. Most people want to do anything they please on their land and if they are courteous, considerate people they assume there won’t be a problem with their neighbors doing the same. But it only takes one jackass to destroy everything you love about your sanctuary.
Take a shot every time you hear "property"
Cue the Jim Lahey clip of him stumbling out of the trailer
Love the video. Wish I saw it back in April when I bought my second house… realtor never gave us a final walkthrough before we closed (which we were strong armed into are closing date) it was a hot mess. Love the info. Got my 👍 and subscription. Definitely be looking into more of your content for our forever home (looking for +15 acres in the country)