What are some of the most important things that land buyers need to know when making their first land purchase? I recently had the chance to sit down with my friend Pat Porter, broker with RecLand Realty, LLC in Monroe, Louisiana to share some of the top things you need to know when making a rural land purchase.
Here are a few key takeaways:
- Be able to articulate the answers to the following questions: Where do you want to be? What is your intended use of the property? How much do you want to spend? How are you going to pay for it?
- Ask lots of questions. Make few assumptions.
- Get a local land professional to help you with your land purchase.
If you have more questions about making your rural land purchase in Alabama or Mississippi, please feel free to contact me today to let me know how I can be helpful to you. – Jonathan