What To Know When Buying Acreage

Posted by wadmin on Wednesday, September 20, 2017

Stone_Bridge_Mortgage_What To Know When Buying Acreage

Potential land buyers in Oregon have a quite a diversity of land to choose from. From riverside meadows to mountainside grasslands, Oregon’s acres are plentiful and affordable. Buying acreage to build your home, develop the land or just have a getaway for you and your family all call for different tactics, but these few tips will get you started in the right direction regardless of your plans for your future acres.

Just like in traditional real estate, location is key. In Multnomah, Clackamas, and Washington counties there are attractive areas with access to commercial areas and schools, and there are hidden getaways, miles from commerce centers or other residences. Carefully consider each location you view to gauge whether it meets your needs.

County services may or may not be available to your potential acreage — carefully examine any land that shows potential. Water, sewage, and drainage are all hugely relevant if you are planning on building a residence, so make sure you get all of the information you can gather about the property. Additionally, if there is a water source near your potential purchase, ensure you have rights to said water.

Research easements and mineral rights for the property you’re considering. It’s crucial to know if others have legal access to the land, as it may have a great effect on any development you may be planning.

Make sure that if you do plan to develop the land that you can run electrical lines to your new development. There could be unexpected expenses attributed to running electrical lines to isolated forest areas, so be aware of what is feasible before you buy.

 

Stonebridge Mortgage Group Offers Guidance On All Mortgage Matters

For professional assistance with mortgages and related services, look no further than Stonebridge Mortgage Group. You can rely on Stonebridge Mortgage Group to help guide you through the home buying process. We help get you pre-approved for a mortgage and help with your real estate loans and other mortgage solutions, both residential and commercial. Stonebridge Mortgage Group serves the greater Portland area and is located in Gresham, Oregon. Don’t wait to get quality assistance with buying your home! Call us today!

For more tip on buying Oregon acres,

Call Stonebridge Mortgage Group at 503-661-5580

 

 

Categories: General, home loans, Loan Officer, mortgage broker, Mortgage Lenders, mortgage loans, real estate loans

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