Buying Cheap Land Can Cost YOU Thousands

  Рет қаралды 22,811

Kristina Smallhorn

Kristina Smallhorn

Күн бұрын

Пікірлер: 93
@KristinaSmallhorn
@KristinaSmallhorn 3 жыл бұрын
*_How Much An Acre Is It Your Area?_* To Watch Mistakes People Make When Buying Land kzbin.info/www/bejne/eZvTqKlvfqeBmNU
@candicecrawford2996
@candicecrawford2996 3 жыл бұрын
I think buyers are very vulnerable. I almost bought a piece of property that was protected wetlands! The realtor didn’t tell me, I found out when I ordered mulch before closing - the mulch man told me! I would have been in serious trouble if I tried to do anything with that land.
@hokeypokeypots
@hokeypokeypots 3 жыл бұрын
Someone thinking of buying land also needs to consider what that land was used for in the past. Where I live, on eastern Long Island, a lot of people bought land that was formerly used as farmland, which meant that it was poisoned for decades with all kinds of pesticides...which meant that the water table was also poisoned. Those who bought the land either had to have a filter system for their water installed or pay to have their houses connected to municipal water, which could run into a lot of money if the land is far from the municipal water pipes. There's also the idea of building a home on such polluted property...especially if you plan to raise children...but once you've bought it, you're stuck.
@nattyw495
@nattyw495 3 жыл бұрын
Yes your so right I always tell people to go to the local 4hcenter they can give you a topicalgrahic survey they also can let you know if there were any dump areas on that property ....it also can tell about soil in that area it's rather cheap to get the paperwork from the 4hcenter
@perpetualmotion8090
@perpetualmotion8090 3 жыл бұрын
I'm currently looking for a small plot of land for a manufactured home and your information was very helpful!
@planeterraproperties5084
@planeterraproperties5084 3 жыл бұрын
Hi, Where are you looking?
@gsand07
@gsand07 2 жыл бұрын
Me too, in Florida 😊
@macmac2584
@macmac2584 3 жыл бұрын
Interesting you brought up Colorado. What's actually known by very few are property taxes. Many people in Colorado buy a cheap piece of land with the intent of having it as recreational use. But what in Colorado, property taxes on undeveloped land are in the range of 28%. And you can't always get a permit for a well.
@reginalove6848
@reginalove6848 3 жыл бұрын
Thank you i really want to buy some land. I didn't know none of this thank you.
@tomjones2121
@tomjones2121 3 жыл бұрын
always have land perked before closing a deal, also, it's now possible to determine whether or not your potential dream home will be built over a sink hole , pay a little extra , save your life ...
@josalynnb6921
@josalynnb6921 3 жыл бұрын
Hi. What's perked ? I'm glad I found this video
@eddiesmallhorn4021
@eddiesmallhorn4021 3 жыл бұрын
@@josalynnb6921 A perk test is done on vacant land that does not have access to a public sewer system. The test determines the ability of the land to absorb and process the material from an onsite septic sewer system.
@eddiesmallhorn4021
@eddiesmallhorn4021 3 жыл бұрын
@@josalynnb6921 also known as a percolation test.... hope that helps.
@therebelcryptozoologistand704
@therebelcryptozoologistand704 3 жыл бұрын
I have a guy who says most (99%) will perk it’s how much you want to spend on your septic. Hire a soil scientist 👩‍🔬 skip the county if you love the land
@josalynnb6921
@josalynnb6921 3 жыл бұрын
@@eddiesmallhorn4021 Totally 🎨
@lysan4878
@lysan4878 3 жыл бұрын
You forgot to add running electric. It is expensive to run electric to your property if it doesn’t have electric line running to it. We have family that inherited 20 acres broken up into 5 acre lots and the two that got the really pretty land in the back are mad because it’s going to cost them a fortune to run electric back to it. Having the power company run electric costs a lot more than water and gas.
@meregaming1770
@meregaming1770 3 жыл бұрын
Basically, if you're the buyer you pay for everything, in every situation lol.
@izziereal2010
@izziereal2010 3 жыл бұрын
6:06 This is absolutely true. I work for a soil engineering firm and I conduct the soil compaction tests for foundations for new homes. I've ran into some that were not compacted enough and people are asking for trouble with a foundation in poor shape. Great video.
@spartacus3015
@spartacus3015 3 жыл бұрын
How do you go about finding out the "plans" for properties around or behind your land?
@kirstenjaguilar
@kirstenjaguilar 3 жыл бұрын
Thank you for sharing this information. When I tried to click on the Amazon link to the book, it just went to Amazon's home page. I can just type in the title and author, but just thought to let you know about the link. Thanks again!
@seerguru
@seerguru 3 жыл бұрын
Just closed escrow last week on a commercial piece of land next to my 3,000 sf commercial building. Now that we have half an acre I can add storage.
@natalata1435
@natalata1435 3 жыл бұрын
👏🏽👏🏽👏🏽
@any4003
@any4003 3 жыл бұрын
Thankfully I had help from a company to do all of this that was putting a house on the property I wanted
@firstonetime
@firstonetime 3 жыл бұрын
Wow. You right investigate and do research. Didn't realize all the surveys for land. Thanks
@ScullyPop
@ScullyPop 3 жыл бұрын
I saw a phone booth size tie outlet in Tokyo. I think property there is sold by the square inch. That would make a cool video, by the way.
@CallMeFil
@CallMeFil 3 жыл бұрын
Thank you Kristina!!! Gold mine of instant info! Thanks for putting it together
@patc7055
@patc7055 3 жыл бұрын
Useful information. Thank you for sharing this with us.
@salemsaberhagen8390
@salemsaberhagen8390 3 жыл бұрын
man these test will equal or exceed the price of any property id like to buy either way if you keep getting unlucky you will run out of $ just from testing each land but in the end will have nothing to show for your money spent. Thanks for the info now probably won't ever go impulsively buy a property.
@billfournier439
@billfournier439 3 жыл бұрын
Learn something new everyday. This one was a biggy.
@seerguru
@seerguru 3 жыл бұрын
2016 $52 k asking , my price 3/2021 with survey from seller $28 k. This 13,000 sf lot meant nothing to anyone but me :) the neighboring property. Commercial. Near Sedona arizona. The old building GI bough was $125 and 4 yrs later doubled . It’s now a medical clinic.I’m having fun.
@polaant
@polaant 3 жыл бұрын
Great information! I just placed an order on Amazon for the book you mentioned
@KristinaSmallhorn
@KristinaSmallhorn 3 жыл бұрын
You won’t regret it. It’s an awesome book.
@kaixingrace88
@kaixingrace88 3 жыл бұрын
Please post the book name one more time. Thank you!
@shinpeiro
@shinpeiro 3 жыл бұрын
KRISTINA!!! This was so helpful! Thank you!
@flowerbull2
@flowerbull2 2 жыл бұрын
I can thank you enough for all the information you put out there! I have been looking to buy since 2020 in CO, but the prices are so high that it has been impossible to buy. Anyway, is ok because that gave me a chance to study the market and what I really want, Thanks to you it has been better to know all the stuff you need to know when buying land, a house, etc. Thanks very much.
@ObsidianFallen
@ObsidianFallen Жыл бұрын
Watched a few videos of yours tonight. Getting a home on decent land is starting to feel less and less easy even more so after hearing some of this.
@jtrose6995
@jtrose6995 3 жыл бұрын
THANKS KRISTINA!! MOST HELPFUL!!
@KristinaSmallhorn
@KristinaSmallhorn 3 жыл бұрын
Thank you for watching.
@KulibinX
@KulibinX 3 жыл бұрын
I could add another dozen grans for driveway and parking space.
@jekekefe5923
@jekekefe5923 2 жыл бұрын
Can you do a video on deeds and type of ownership?
@mattdaniels1051
@mattdaniels1051 2 жыл бұрын
😀 Sunshine Beanpole dog, 18 2/3 years old, crossed the rainbow Saturday on Spur dog's 9TH birthday month! Question: How much real estate home improvements or trading are expected in the future? 😀
@MemoGrafix
@MemoGrafix Жыл бұрын
Smallest piece of land on Christopher St. & Grove in Manhattan I stood on that walked passed that for years when I worked down there in NYCs Greenwich Village never realizing I stood on a piece of NYC history.
@trailrvs
@trailrvs 3 жыл бұрын
Is there the option of actually selling the timber to a logger in order to mitigate the costs?
@eddiesmallhorn4021
@eddiesmallhorn4021 3 жыл бұрын
You can sell the timber, you will just need to find that company ahead of time.
@TrickleCreekFarm
@TrickleCreekFarm 3 жыл бұрын
Look at the going rate of lumber at local mills. In my region they post that online. It’s then your responsibility to see about getting g the wood to their mill. In some cases I’ve learned of folks who have had tree services do all that for them and, in times like these especially, have made some significant money. Literally thousands per tree.
@bradleymaravalli2851
@bradleymaravalli2851 3 жыл бұрын
Really appreciated this!
@dalebishop2632
@dalebishop2632 3 жыл бұрын
check on mineral and water rights
@marykendrick5067
@marykendrick5067 3 жыл бұрын
we bought our house through a real estate agency . Now our neighbors across the road is claiming that our house needs to be moved but won't show any proof that they own anything over here
@tomjones2121
@tomjones2121 3 жыл бұрын
depends , on the water $25 million , west side of town $100 K
@ileanaserra6780
@ileanaserra6780 3 жыл бұрын
Great video Kristina! Thanks do much!
@seaandearth
@seaandearth 3 жыл бұрын
Thank you for your Help,I am looking for buying land on Florida right now.
@Ron-py7rt
@Ron-py7rt 3 жыл бұрын
Kristina - just wanted to say THANKS for all your wonderful, informative & even humorous videos. Why not have a little fun along the way, right? I live outside Dallas TX, getting ready to either buy a house & possibly raw land in addion to the house in Washington state. I've learned so much from you! Keep up the great work you do.
@ericackerman6918
@ericackerman6918 3 жыл бұрын
There are no $100 surveys. In CO they have mortgage location surveys which aren’t really surveys. They might be $100. They are worthless and they “surveyor” might not get out of the truck. Otherwise boundary surveys can range from $1,000 to $10,000 depending on your state and if it has been surveyed before. The biggest factor in cost for a land survey is if it has survey markers already and has been surveyed before recently.
@George-nn8ui
@George-nn8ui 3 жыл бұрын
How do you find the right land realtor? Because the one we found won’t take pictures of the property, can we choose who to go with along the lines of a realtor, and how much do they usually charge?
@George-nn8ui
@George-nn8ui 3 жыл бұрын
@BibleTalk101 great thanks.
@BitsOfLifePaperCrafs
@BitsOfLifePaperCrafs 3 жыл бұрын
Could it be more economical to purchase land with a run down home on it and have the old home removed and new manufactured home placed where the old one used to be?
@alexanderpitman9433
@alexanderpitman9433 3 жыл бұрын
Well vs. rain catchment; Septic system vs. composting vs. outhouse vs. outbuilding above ground septic system vs. grid sewer system check legalities before purchasing;; Wells can cost WAY!!! more than $15k depending on area and if you actually hit water the first time a hole is drilled. More, the water table may be tainted with chemicals and/or bacterial contaminants.
@millionroots3102
@millionroots3102 3 жыл бұрын
Ty for your great videos. I amm buying the book you showed.
@Etaoinshrdlu69
@Etaoinshrdlu69 3 жыл бұрын
Do you just tell the surveyors to go to the property in question?
@jopiaspieder1184
@jopiaspieder1184 3 жыл бұрын
Is a soil test is the same as a perk test?
@emilye709
@emilye709 2 жыл бұрын
I didn't catch the issue with the land in Klamath, OR.
@dougms9790
@dougms9790 3 жыл бұрын
Had lake lot in MN surveyed. Next door neighbor had their lot surveyed. Their survey said they owned 10x120ft of my lot. Sued my surveyor.
@ricecakeboii94
@ricecakeboii94 3 жыл бұрын
Love this video! I’ve always wanted to buy a 5 acre land & build a neighborhood on it
@AnnePeaceWithGod
@AnnePeaceWithGod 3 жыл бұрын
Hey, I came across your channel while researching myself. I didn't realize you were from Louisiana. Ha! That's where we are from, interested in some land in and around breaux bridge/Henderson area on hope rd.
@KristinaSmallhorn
@KristinaSmallhorn 3 жыл бұрын
I’m outside of Baton Rouge. Nice to meet ya. 🙋🏻‍♀️
@AnnePeaceWithGod
@AnnePeaceWithGod 3 жыл бұрын
@@KristinaSmallhorn Hey🙋‍♀️, we are trying to buy some land is there anyway you can look into it for us? The realtor that we have is not really helping much.
@KristinaSmallhorn
@KristinaSmallhorn 3 жыл бұрын
@@AnnePeaceWithGod Can you contact me by email, my contact email is info@kristinasmallhorn.com
@Hollyhock7
@Hollyhock7 2 жыл бұрын
You're awesome!!
@KristinaSmallhorn
@KristinaSmallhorn 2 жыл бұрын
Thanks for saying so!! I needed that today.
@BossChronicles
@BossChronicles 3 жыл бұрын
How much would it cost to build a 4 bedroom house around 2,500 square feet
@Okogg
@Okogg 2 жыл бұрын
So if a piece of land is zoned “agricultural general” which is the least restrictive.. and there is no HOA (covenants) do you have to get a water permit if you want to make a small lake? And am I able to plant any trees without the fear of them ever being cut down legally? Since it is zoned agricultural general do I need the timber rights? If anyone knows please let me know ASAP :)
@MemoGrafix
@MemoGrafix Жыл бұрын
Check with Your County & Realtor to know what ritghts on land You'll have.
@davewerner7609
@davewerner7609 3 жыл бұрын
Can you make purchase contingent on survey and soil test?
@KristinaSmallhorn
@KristinaSmallhorn 3 жыл бұрын
YES! You can have that written in the contract.
@davewerner7609
@davewerner7609 3 жыл бұрын
@@KristinaSmallhorn great! Thank you!
@mikemiller5257
@mikemiller5257 3 жыл бұрын
Love you💯👍
@NicoleKe
@NicoleKe 3 жыл бұрын
Why can't you keep a few trees for shade?
@eddiesmallhorn4021
@eddiesmallhorn4021 3 жыл бұрын
So they put in a parking lot?
@michellenewberry
@michellenewberry 3 жыл бұрын
So helpful
@leticiaurbach1720
@leticiaurbach1720 3 жыл бұрын
Thankyou.
@dalebailey754
@dalebailey754 3 жыл бұрын
I have a family member who wants to gift me an acre of her land. I will need a septic tank, but all other utilities are at the road. I wonder how much it’ll cost to connect electricity and water from the road to the home?
@AreaThirteenThirteen
@AreaThirteenThirteen 3 жыл бұрын
Generally the farther from the hookup points the more it will cost which can vary from area to area and whether or not you do it yourself or hire someone else. I had an acre lot which was narrow but long. I believe it was around 102' wide X 400' deep, the road was in the front and the utilities were in the back at the property line so I opted to put the home near the back to have shorter power and water lines which I ran myself (the septic system was included in the lot price) but the driveway was long and I did it in gravel just in the spots where the tires roll.
@ann1541
@ann1541 3 жыл бұрын
I wish the well was that cheap. Ours will be a min of 20k
@quinto3969
@quinto3969 3 жыл бұрын
Wow. Your a firecracker, I love your energetic videos. Stop wearing black on exterior shots.
@inbetweenutube
@inbetweenutube 3 жыл бұрын
Buying expensive land also costs YOU thousands.
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