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

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.

Re: Opinions On A Property
 

i was thinking of throwing a 45k bid so we are on the same page

Re: Opinions On A Property
 

The fish pond sounds nice, and it's in a "convient" location.

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.

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...

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.

Re: Opinions On A Property
 

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?

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.

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.

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?

Re: Opinions On A Property
 

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

Re: Opinions On A Property
 

Public water :thumpdown steep rocky (?) land :thumpdown you can do better tanner.

Re: Opinions On A Property
 

Re: Opinions On A Property
 

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...

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.

Re: Opinions On A Property
 

Great name.

http://www.crye-leike.com/main/images/header_logo.gif

Re: Opinions On A Property
 

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

Re: Opinions On A Property
 

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)

Re: Opinions On A Property
 

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

Re: Opinions On A Property
 

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.

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.

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.

This is true!

Mostly out of pocket.

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.

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.

If I can get it for $3k an acre in Florida you should be able to get it for half that price in Tennessee.

Indeed.

Good luck,

Dave

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.

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?

Re: Opinions On A Property
 

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

Re: Opinions On A Property
 

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:

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

Re: Opinions On A Property
 

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.

Re: Opinions On A Property
 

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.