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tanner12oz | 11-09-2009 02:25 PM
Opinions On A Property i'm not made out of money but this would be in my price range and close to the area i've been looking at.....any thoughts?? try not the jump in and steal it from me if it looks like a winner...thanks guys.. IMO it seems to have everything you would need....seeing it in person is another story i know but it might have potential http://www.crye-leike.com/main/brows...=0&spt=1&ltb=1

Tn...Andy | 11-09-2009 02:39 PM
Re: Opinions On A Property Seems kinda high to me....the mobile home is 12 years old.....worth maybe 5-6k if in good condition. <4ac @ 13k/ac is no deal.....especially given the slope of the land. I wouldn't offer over 40k. Just my 2cents.

tanner12oz | 11-09-2009 02:41 PM
Re: Opinions On A Property i was thinking of throwing a 45k bid so we are on the same page

Ash_Williams | 11-09-2009 02:42 PM
Re: Opinions On A Property The fish pond sounds nice, and it's in a "convient" location.

TLM | 11-09-2009 02:42 PM
Re: Opinions On A Property It's only a mile from an interstate, as the crow flies. There are more remote areas if you are looking for a bug-out location. You didn't mention if this would be your primary residence or BOL.

tanner12oz | 11-09-2009 02:45 PM
Re: Opinions On A Property primary....would like to be around an hour from some form of city so i could still work...wanna be in the NE TN area around the smokies.. single guy..no kids...70k MAX...

lessoil=+pm | 11-09-2009 02:58 PM
Re: Opinions On A Property i go & meet neighbors before buying. has paid off. if the market turns down it will make offers more attractive as prices on RE goes downward. is pond year round so is a water source? Shade? seems a reasonably good location! good luck.

foolsgold | 11-09-2009 03:31 PM
Re: Opinions On A Property Quote:
Originally Posted by tanner12oz (Post 2015994) primary....would like to be around an hour from some form of city so i could still work...wanna be in the NE TN area around the smokies.. single guy..no kids...70k MAX...
Sounds like a plan. There's a well no doubt (have the water tested). No liens on the property...right? No right of ways....Like the power company can built a high voltage tower there....right? And It's a buildable lot, if you wanted to put a house on it...right? edit: it has good southern exposure too....right?

gunDriller | 11-09-2009 03:51 PM
Re: Opinions On A Property Air: Heat Pump Deck/Patio/Porch: Deck, Front Exterior Construction: Aluminum Exterior Features: Driveway-Gravel, Garden Area Financing Options: Cash, Conventional Heating: Heat Pump Lot Description: Farm Pond, Mostly Wooded, Sloping Roofing: Metal Style: 1 Story, Mobile Water: Sewer-Septic, Water-Public ... looks real nice. gotta visit it though, if someone has dumped crap on the land it's best to find out before you buy it.

foolsgold | 11-09-2009 03:54 PM
Re: Opinions On A Property You might consider buying vacant land and doing more work. This may prove to be less expensive and more rewarding.

RossL | 11-09-2009 06:38 PM
Re: Opinions On A Property it sez Public Water. does that mean they piped the city water all the way up that hill? what does "semi-private setting" mean?

mtnman | 11-09-2009 07:00 PM
Re: Opinions On A Property If it was me, I'd look around Sneedville. Look at the map about 50 miles NW from that property. You'll see Sneedville.

Tn...Andy | 11-09-2009 07:51 PM
Re: Opinions On A Property 12x60, 2bedroom, 1 1/2 bath. It comes with a washer, dryer and refrigerator 2500 bucks http://tricities.craigslist.org/reo/1454159040.html 26 acres 39,900 Here 5.25 ac in nice rolling grass 33,900 Here

Brio | 11-09-2009 08:08 PM
Re: Opinions On A Property Public water :thumpdown steep rocky (?) land :thumpdown you can do better tanner.

mtnman | 11-09-2009 10:45 PM
Re: Opinions On A Property Quote:
Originally Posted by Tn...Andy (Post 2016517) 12x60, 2bedroom, 1 1/2 bath. It comes with a washer, dryer and refrigerator 2500 bucks http://tricities.craigslist.org/reo/1454159040.html 26 acres 39,900 Here 5.25 ac in nice rolling grass 33,900 Here
Those places are right here in my county!

tanner12oz | 11-10-2009 12:46 AM
Re: Opinions On A Property Quote:
Originally Posted by Tn...Andy (Post 2016517) 12x60, 2bedroom, 1 1/2 bath. It comes with a washer, dryer and refrigerator 2500 bucks http://tricities.craigslist.org/reo/1454159040.html 26 acres 39,900 Here 5.25 ac in nice rolling grass 33,900 Here
this was my original plan cuz i would have more control....i wouldnt even know where to begin as far as moving a mobil home...perc testing...codes...running elect...digging wells...

NotTheOne | 11-10-2009 09:32 AM
Re: Opinions On A Property If you have your heart set on the property, nothing we say can turn you around. As noted, I'd like to know who my neighbors are first. Also why is that shed so far from the house? It looks far to me [in the pic]. Out of sight and hard to protect.

Dude | 11-10-2009 09:46 AM
Re: Opinions On A Property Great name. http://www.crye-leike.com/main/images/header_logo.gif

Dave | 11-10-2009 10:39 AM
Re: Opinions On A Property Quote:
Originally Posted by tanner12oz (Post 2016943) this was my original plan cuz i would have more control....i wouldnt even know where to begin as far as moving a mobil home...perc testing...codes...running elect...digging wells...
tanner, Don't get overwhelmed by this. Here is what you do: 1) First locate some land and looks around for unimproved yet good land. Make sure you have enough acreage that is farm able and pastureland. 2) Once the land is secure your very first task should be a well and then a septic. Often times you will find companies that will do both and provide a discount if you install both at the same time. If you feel adventurous, put your own septic in but these people are dying for business so I bet you can get a good deal here. 3) Next, call around mobile home movers. Often times mobile home movers are the same folks that take back repo's. Let them know what you are looking for and an approximately price range. It is much cheaper to move a repo because a bank has already paid to put it on wheels. I personally bought a 2,200 sqft double wide for just $10k that included all major appliances and air conditioning at less than 9 years old. The reason why I would recommend a mobile home is your land will take much longer to whip in to shape than it will take to build a house or place a mobile home which is why your first priority should be a well if it doesn't already have one. Tennessee code requirements are VERY minimum in rural counties so I wouldn't be too concerned. Personally, I have purchased 10 acres of land, setup a 2200 sqft mobile home and installed a well and septic for less than $60k. I have done this with five kids running around so I am sure you can do this. I agree with Andy, $13k an acre is way high even with a mobile home as I only paid $6k per acre with a very large rather new mobile home and new well and septic. Explore your options and find good land first and foremost. Dave

tanner12oz | 11-10-2009 12:12 PM
Re: Opinions On A Property Quote:
Originally Posted by NotTheOne (Post 2017231) If you have your heart set on the property, nothing we say can turn you around. As noted, I'd like to know who my neighbors are first. Also why is that shed so far from the house? It looks far to me [in the pic]. Out of sight and hard to protect.
if my heart was set i wouldnt have even asked...it just seemed to have some +'s with the pond, hen house.....im still looking.. this was another i was interested by....a lil more remote....level...with creek...lot size is smaller though http://netretn.com/searchmls.htm MLS 281180 (type in the MLS no direct link)

tanner12oz | 11-10-2009 12:24 PM
Re: Opinions On A Property Quote:
Originally Posted by Dave (Post 2017326) tanner, Don't get overwhelmed by this. Here is what you do: 1) First locate some land and looks around for unimproved yet good land. Make sure you have enough acreage that is farm able and pastureland. 2) Once the land is secure your very first task should be a well and then a septic. Often times you will find companies that will do both and provide a discount if you install both at the same time. If you feel adventurous, put your own septic in but these people are dying for business so I bet you can get a good deal here. 3) Next, call around mobile home movers. Often times mobile home movers are the same folks that take back repo's. Let them know what you are looking for and an approximately price range. It is much cheaper to move a repo because a bank has already paid to put it on wheels. I personally bought a 2,200 sqft double wide for just $10k that included all major appliances and air conditioning at less than 9 years old. The reason why I would recommend a mobile home is your land will take much longer to whip in to shape than it will take to build a house or place a mobile home which is why your first priority should be a well if it doesn't already have one. Tennessee code requirements are VERY minimum in rural counties so I wouldn't be too concerned. Personally, I have purchased 10 acres of land, setup a 2200 sqft mobile home and installed a well and septic for less than $60k. I have done this with five kids running around so I am sure you can do this. I agree with Andy, $13k an acre is way high even with a mobile home as I only paid $6k per acre with a very large rather new mobile home and new well and septic. Explore your options and find good land first and foremost. Dave
1.) ok 2.) what kinda number are we talking about for well and septic? i would imagine i would need a basic diagram of where i want a home and all of that put together prior to this event.... 3.) most of my searches have been geared toward mobile homes just cuz it seems like you can get more for your money. additional questions....could i do this in steps?? like secure a small parcel of land with cash....give it another couple months...well and septic with cash....then maybe a year later dump a mobile home on it with cash? i know this is a touchy subject on GIM but... i was told by my bank that land loans and mobile home loans are tough to secure. did you finance any of this or was it all out of pocket? do you run electric? if so is there anything special needed to do that? i think i think ive read that 5k an acre is about fair value depending on slope, soil and all that stuff... thanks alot..VERY HELPFUL

Dave | 11-10-2009 12:41 PM
Re: Opinions On A Property Quote:
2.) what kinda number are we talking about for well and septic? i would imagine i would need a basic diagram of where i want a home and all of that put together prior to this event....
Depends on the county but most just want a diagram of approximately location ensuring the well and septic are not too close together. If you buy rural enough this is not needed. I paid $4500 for well and septic including all materials, pump, pressure tank, a 1200 gallon concrete tank, leech field materials, labor, etc. This was a turn key solution including permits costs from a desperate contractor. The only reason why I didn't install the septic on my own is at that price it would be hardly cheaper to do myself by the time I factor in equipment rentals and materials. Quote:
3.) most of my searches have been geared toward mobile homes just cuz it seems like you can get more for your money.
Agreed, however a used mobile home, unless it is a double wide, should add almost NO value to the property. Remember that when pricing land. Quote:
additional questions....could i do this in steps?? like secure a small parcel of land with cash....give it another couple months...well and septic with cash....then maybe a year later dump a mobile home on it with cash?
Of course! This is what I have done. I will hopefully be able to move in to my property that I purchased back in March sometime this December/January. I have done everything slowly and with cash. Quote:
i was told by my bank that land loans and mobile home loans are tough to secure.
This is true! Quote:
did you finance any of this or was it all out of pocket?
Mostly out of pocket. Quote:
do you run electric?
Every inch of copper on my land I have run. Which brings me to a small side issue, use copper and NOT aluminum when terminating your main service. Quote:
if so is there anything special needed to do that?
Common sense and maybe an "Eletricity for Dummies Book" to tell you things like proper wire sizes for certain loads, voltage loss calculations for long runs, etc. Quote:
i think i think ive read that 5k an acre is about fair value depending on slope, soil and all that stuff...
If I can get it for $3k an acre in Florida you should be able to get it for half that price in Tennessee. Quote:
thanks alot..VERY HELPFUL
Indeed. Good luck, Dave

Tn...Andy | 11-10-2009 12:42 PM
Re: Opinions On A Property Yes....you can do it in steps. Well ? Crapshoot....1000 bucks to 10,000 bucks.....just depends on how deep they have to go. I'd figure middle of that, and hope it doesnt' run higher. The places that say "spring" is the one I've be looking VERY close at. We have a gravity fed ( house lower than spring ) system, and I probably spent 2,000 or so on a good spring collection box, and a 10x20 block building set back in the hill to hold 2--1500gal water storage tanks. NICE thing about gravity is you aren't dependent on electric pumping......and the time to look at a spring to evaluate it's output is August/Sept/Oct.....typically the dry time here. Septic 2500 to 4000.....depends on size you need....they base it on the number of bedrms in the residence. Electrical power ? Varies in cost by county....here, they charge 1,000/pole for any they have to set to get to you if power line isn't already there.....took 7 poles to get from where the line ended to my house....but at that time, all I had to do was agree to buy power for 3 years...that changed a few years ago.....here.....but as I said, it varies county system by county system.....you would need to check in THAT county. Once you have electric ON THE PROPERTY, the cost of setting up a service for a mobile home is 1000-1500 bucks...and you can do it yourself if so inclined.....pretty simple, really......for less than half that. We owner financed our land ( 1982...paid off in 1990 ), then paid cash for a mobile home to live in while be built the house, also for cash....then sold the MH. My shop now sits where the MH used to sit....and I used the small septic system I put in for the MH for the shop facilities.

tanner12oz | 11-10-2009 12:45 PM
Re: Opinions On A Property one more thing...how kinda breakdown would make sense for this whole operation.. total money pool 100% 50% land purchase 25% mobile home 25% related expenses did you use something along those lines?

Dave | 11-10-2009 12:47 PM
Re: Opinions On A Property Quote:
Originally Posted by tanner12oz (Post 2017532) one more thing...how kinda breakdown would make sense for this whole operation.. total money pool 100% 50% land purchase 25% mobile home 25% related expenses did you use something along those lines?
I just winged it actually :) Looked for deals and made lemons out of lemonade where I could. It is important to try and budget but it is also hard to anticipate the unforeseen. Just be flexible on what you are willing to live with. Dave

TTAZZMAN | 11-10-2009 02:08 PM
Re: Opinions On A Property Quote:
Originally Posted by mtnman (Post 2016811) Those places are right here in my county!
Now that would Halve the price for sure......just think.....mtnman gets around and gets all the good buys and things in the area so it would be nothing but slim pickings left over :111:

TTAZZMAN | 11-10-2009 02:23 PM
Re: Opinions On A Property You are getting some good information for sure from these guys...I am in a different part of the country but here are some thoughts and costs Well....4k-6k with pump etc (something with any kind of running water like TnAndy said is invaluable even if you dont use it for now) In our area we are allowed to put in Lagoons instead of Septic fields for smaller ussages.....much cheaper...easier to maintain...normally who ever you might use to put in a road or flatten out a area for your MH can build the Lagoon at the same time then all you have to do is run pipe to it. minnium size around here is 30'x30' but no one ever checks them Around here you can usually get in your basic utilities...water..power...sewer..gas(propane) for 10K-15K

sneak | 11-10-2009 07:33 PM
Re: Opinions On A Property Quote:
Originally Posted by tanner12oz (Post 2015950) i'm not made out of money but this would be in my price range and close to the area i've been looking at.....any thoughts?? try not the jump in and steal it from me if it looks like a winner...thanks guys.. IMO it seems to have everything you would need....seeing it in person is another story i know but it might have potential http://www.crye-leike.com/main/brows...=0&spt=1&ltb=1
This place is here in my county! Seems pretty high to me. I missed about 80 acres for $800 an acre recently. It was mostly rough mountain land but it did have a well and electricity already on it.

tanner12oz | 11-11-2009 12:59 AM
Re: Opinions On A Property Quote:
Originally Posted by sneak (Post 2018443) This place is here in my county! Seems pretty high to me. I missed about 80 acres for $800 an acre recently. It was mostly rough mountain land but it did have a well and electricity already on it.
well if theres any scraps left over send them my way....gimme the heads up if you see anything....handful of acres is all i can really afford so its all i need at the moment.

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