Southern Living Home on 21 Acres of Rolling Hills and Pastureland

This is not something that comes on the market often.  Look closely, real value in this property.

Country living at it’s best. Enjoy this beautiful Coastal Living 2002 Cottage of the Year 1.5 story, 4 bed, 3½ bath home and guest home situtated on one of the prettiest rural properties you will find. 21 acres of gently rolling hills, pasture, creek, and trees. Excellent location for your horse farm, or just a quiet rural retreat. Drake Creek forms the north and west border of the property, there are several hay fields and pastures, and more turkeys than you can shake a stick at. The house was custom-built in late 2007 by one of the very best builders in the area. The “details” are taken care of quite nicely in this home. There is a very efficient geo-thermal heating and cooling system in place that saves energy and money. There is a screened breezeway porch between the house and the guest house that has a fireplace. The living area is very open. The master suite is on the ground level and is private. High-speed internet access. Large detached carport. The list goes on and on. For more information, including over 130 photos of this property, please contact me. This property is shown strictly by appointment only.  Get all of the details on this property by visiting this website with links to all of the publicly available information on this property and over 130 Pictures!

www.claycountyfarmforsale.wordpress.com

Make An Offer! – 44 Acres Pastureland in Northern Clay County Alabama

The seller of this property is ready to move it.  It has been listed at $4,000 per acre, but he said to get him an offer.  It will need to be surveyed to know the exact acreage.  Seller is willing to divide the property in tracts of 10 acres or more.  If sold in smaller parcels, it will be restricted to site-built homes only.

44+/- Acres of Pastureland near Barfield, Alabama in Clay County. Aprrox 1 mile of paved frontage on county roads. Fenced with a stock pond. 20 minutes to I-20  The property lays great and there are several good potential homesites.  Mt. Cheaha State Park is just about 20 minutes away and the views of the surrounding countryside is nice.

Lat,Long- 33.353905N, 85.698687W

More Information & Photos  Available Here:

http://www.alalandco.com/or2/index.php?action=listingview&listingID=978

SOLD! 95 Acre Farm in Cleburne County Alabama

95 Acre Farm joining the Talladega National Forest in Cleburne County, Alabama – SOLD!

Farm in Talladega National ForestCheck out this farm land and home for sale.  It’s one of the prettiest places I have ever had the opportunity to market.   I absolutely love showing it, because I see something new and beautiful every time I go out.  Turkeys, the lakes, the red barn, rolling pastureland, mountain timberland…it has it all.  Located in Cleburne County, Alabama; just minutes from Interstate 20 and a short drive from Atlanta, Georgia and Birmingham, Alabama.

http://cleburnecountyfarmnearcheaha.wordpress.com/

Alabama Land Easements – Land Accessibility

Legal access to land is an issue that I deal with a great deal.  Land that borders a public access road usually does not have issues.  The possible exception to that is where some geographic feature at the roadside prevents access to the property (a large bank or deep gully).  However, in rural areas, many properties do not border a public road.  Properties that do not have frontage on a public road are said to be “landlocked”.  This means that you must travel over a property owned by someone else in order to get to the landlocked property.  I certainly do not recommend doing this without the permission of the owner of the property over which you will be traveling.  This is a trespass. 

Many times these issues are settled with a simple phone call to a landowner who gives you permission to cross over his land in order to get to yours.  This is what happens 90% of the time.  Most times landowners have no issue with allowing you access to your property.  Part of this is because they just find it to be the neighborly thing to do.  Part of this is because they know if you push the issue legally, you will probably win.  Here’s where the rub comes in.  Most lenders will not lend on property without a written, legal easement or road frontage.  If you are considering buying a landlocked property and need to borrow money on it, you need to make sure that it has a legal, written easement…one that is recorded along with the deed to the property.  Gentlemen’s agreements are not legally binding access agreements.  An unwritten access agreement may be just fine for a timber property or a hunting property that you will pay cash for.  If you ever want to develop the property in any manner you will probably need electricity though.  Getting electricity in a conventional manner requires an easement for landlocked properties. 

Curtis Seltzer recently wrote an article posted over on the LandThink blog about easements, and when you should and should not buy landlocked properties.  In October 2008 Curtis wrote a couple of articles explaining easements.  This is a real opportunity to read up on a subject that is all to familiar to people in my industry and almost completely not understood by the general public.  If you work correctly with a landlocked property, it can be a GREAT investment.  If you do not, it can be a nightmare.  Take a look at these three articles:

What’s an Easement Part 1 – http://www.landthink.com/land-ownership/easements/whats-an-easement-part-i/

What’s an Easement Part 2 – http://www.landthink.com/land-ownership/easements/whats-an-easement-part-ii/

Should you Buy Property Without an Easement? -
http://www.landthink.com/land-buying-investing/legal-issues/should-you-buy-property-without-legal-access/

The Current Terrain of the Land Lending World

Below is an article written by Jim Tollison with the Federal Land Bank in Talladega, Alabama.  The Federal Land Bank is a member owned cooperative chartered to help farmers and rural landowners borrow money for land, equipment, and other agricultural purposes.  Jim has years of experience working as a loan officer with the Federal Land Bank.

The Current Terrain of the Land Lending World

By: Jim Tollison
September 30, 2009

The current terrain in the lending world is different then what we have seen in the recent past. I recently put together a program on the current state of Ag. Lending and it would appear that the number of players in IMG_2this market may be tightening even further and that the level of information required may be higher than in the past.

On the flip side of that I keep hearing people say that money is too hard to get. DON’T LISTEN. The money is also cheap. It may be difficult to get financing if you have an income source that has been greatly impacted by the recession (one example would be in the Construction industry) and this does not mean that you should not try. Just realize that if you have been building 85 houses a year and now you are down to two, this may affect your ability to repay debts in the banks opinion.

For most people the biggest change is that the down payment may be larger than in the past. The industry is returning to cash flow and down payment lending.

Generally to help the process go easily you will need:

  1. Contract to purchase and legal description of the property to be purchased

  2. Last three years tax returns

  3. If self employed a current profit and loss as of year to date and financial statement

  4. Plan for down payment and verification of these funds (copy of bank statement, etc)
    If you are using property you already own for a down payment then you would need the legal description and copy of your deed for that property as well

  5. Verification of major assets and liabilities (bank and 401k or stock account statements

  6. Verification of current employment (last pay stub)

  7. General information to complete an application (name, social security number, etc. )

  8. THE LAST AND MOST IMPORTANT THING OF ALL TO REMEMBER WHEN LOOKING AT FINANCING. CALL US. WE WILL BE GLAD TO FILL OUT THE FORMS FOR YOU IN OUR OFFICE AND HELP YOU THROUGH THE PROCESS. IT’S OUR JOB.

 The Federal Land Banks have been in operation for over 90 years. We have seen tough times before. Our Senior management lived through the 1980’s as loan officers with this organization and have trained the rest of our people. If you are looking at purchasing and managing large acreage property it is a good investment from a business and lifestyle standpoint and we want to work to make the process as smooth as possible.

I have been through the process of purchasing rural properties myself and understand the challenges you feel you are facing. Give us a call.

You can contact Jim Tollison at:  (888) 305-0098 or by email at: Jimmy.Tollison@farmcreditbank.comThe Federal Land Bank of North Alabama can be found at:  http://www.AlabamaLandBank.com

SOLD! 20+/- Acres Pasture/Wooded Land near Auburn, AL

20 Acres Near AuburnSOLD!  If you have been looking for a perfect, rural homesite near Auburn…but not in Auburn, this may be the one for you.  Paved frontage, lays GREAT, 15 minutes from Auburn, pasture, BIG trees, and a great potential pond site too!  Take a look at the link below for more information on this listing.  I really like this property!

http://robertking.net/or/index.php?action=listingview&listingID=165

Tallapoosa County Alabama Land For Sale – SOLD!

SOLD!  This listing stayed on the market just a short 3 weeks!…Take a look at this one.  Read the post just previous to this one.  Property is selling in Alabama.  In addition to this one and the one in the previous post, Dave Milton just listed and sold another property in East Alabama in under a week.    Quality properties WILL sell in today’s market.  As I have said in a previous post, buyers do not care how long a property is on the market if it fits their needs and seems like a good deal.  I had another very interested customer in this property that put off coming to look at it too long.  If you find a property that fits your needs and is in your budget, it still pays to move forward.  This property is now under contract, but I have others that are still for sale.  www.RobertKing.net

Opportunity: To invest in a farm for sale in Northern Tallapoosa County, Alabama in the Horseshoe Bend school district and  near New Site, Goldville, and Alexander City.  64 Acre Farm (49)

62.95+/- Acre Farm with pasture land and timberland for sale in Tallapoosa County – This farm is located on a quite, rural, paved county road in between the town of Newsite, the community of Goldville, and Alex City.  There is a 3 bed/2 bath mobile home, a storage building, and a metal shed already in place on the property.  The area is served by county water.  There is a seasonal stream on the property just begging for a pond.  There’s 12-15 acres in pasture,  about 20 acres in pine timber, and the balance in young timber.  There’s a great trail system throughout the property and a couple of nice “view” homesites.  This could be a horse farm, cattle farm, hunting property, or just a get-a-way in the country.  Land, mobile home, storage building, and shed listed at $179,000  There is an additional 40 acres at the back of the property that could possibly be purchased as well.  The seller will sell the property without the mobile home, storage building, and shed for $161,000 –UNDER CONTRACT!

Click this link for more information:  http://tallapoosacountyfarmforsale.wordpress.com/