Author: erlstealth

who pays property taxes on land contract

Who Pays Property Taxes on a Land Contract

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Understanding who pays property taxes on a land contract is crucial for both buyers and sellers involved in this unique financing arrangement. A notable fact is that in approximately 73% of land contracts, the buyer is responsible for property taxes, even though the seller retains the property title until all payments are completed. This responsibility … Continued
selling land for conservation preservation

Selling Land for Conservation or Preservation

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Selling land for conservation or preservation is not just a financial decision; it’s a chance to protect the environment and create lasting value. Did you know that an estimated 6,000 acres of open space are developed each day in the U.S.? By choosing conservation, you contribute to safeguarding water resources, wildlife habitats, and vital ecosystems. … Continued
ranch farm

Exploring the Question: What Is a Ranch Farm?

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When asking, “What is a ranch farm?” the answer lies in its unique role in agriculture, primarily focusing on raising and managing livestock such as cattle or sheep. Ranches cover vast areas of land, often exceeding hundreds or thousands of acres, and contribute significantly to the U.S.’s meat supply, valued at over $170 billion annually. … Continued
I wish I knew before buying land

What I Wish I Knew Before Buying Land

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Buying land can be a life-changing investment, but it comes with challenges that many don’t anticipate. For example, did you know that land sales increased by 1.2% in 2023, showcasing growing interest, yet most purchases required clear planning around zoning rules and development costs? Understanding the basics, such as conducting soil tests and checking zoning … Continued
buy old farm or start a new one

Does it Make Sense to Buy an Old Farm or Start a New One

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Deciding whether to buy an old farm or start a new one is a big step, and understanding the facts can help you make the best choice. Did you know that in 2024, the average value of U.S. farmland was $4,170 per acre, showcasing its growing demand and worth? Additionally, 70% of farmland purchases are … Continued
rezoning land

The Process of Rezoning Land: Tips for a Smooth Transition

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Navigating the process of rezoning land can be challenging, but it opens up incredible opportunities when done right. Did you know that rezoning applications must align with local comprehensive plans to avoid rejection, as municipalities prioritize public health, traffic safety, and land use compatibility? This process can be complicated, often requiring detailed preparation and careful … Continued
buying land a good investment

Is Buying Land a Good Investment?

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Investing in land has consistently proven to be a smart financial decision for those looking to build wealth over time. Did you know land values have remained stable, even during economic downturns, offering long-term security and potential growth? Experts, including seasoned investors like Steve Daria and Joleigh, renowned land buyers for cash, emphasize the importance … Continued
subdivision covenants

How to Find Subdivision Covenants

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Subdivision covenants play a crucial role in maintaining harmony and consistency in neighborhoods, with approximately 30% of the U.S. population living under such guidelines. These legal documents outline rules and restrictions, covering areas like landscaping, architectural designs, and property use, ensuring communities remain organized and well-maintained. If you’re wondering how to find subdivision covenants, it’s … Continued
subdivision

What is a Subdivision? Everything You Need to Know

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Subdivisions play a huge role in shaping modern neighborhoods, but many people still wonder, “What is a subdivision?” Simply put, a subdivision is a piece of land divided into smaller lots, making it easier for development and sale. Did you know that the median size of a typical single-family residential subdivision in the U.S. is … Continued