Better to know what bases one has to cover, than to start the process, and realize you missed something.Quote:
Originally Posted by CanadienBoy
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Better to know what bases one has to cover, than to start the process, and realize you missed something.Quote:
Originally Posted by CanadienBoy
I really appreciate all of the responses. It helps when you hear about other people's experiences with it and and helps with things to keep in mind as I continue to explore the options out there.
I am definitely in no rush as you have to consider it as an investment - got to find the right property for the right price in the right area.
Some areas are easier to put a deal together with than others. If I may ask,which area are you interested in?
Also, I'm not sure if they 'legally' have to disclose it, but make sure that if your looking at a parcel that no 'Conservation' group has it's hooks into the property. My buddy came across a few when he was looking that had land development restrictions due to wetlands on the property.
Sometimes this can drop the price though too. I know of areas where the original homestead or a certain part of high ground is open for building but the rest is protected, often the price an be lower but you are restricted in what you want to do.Quote:
Originally Posted by MikePal
I live in Peterborough so I am looking for something within an hour to hour and half away at the most.
I am fairly new to hunting but I would like to target grouse, turkey and deer. Possibly ducks and geese if possible but they aren't priority.
[/QUOTE] There is a company out of Barrie called the H.M.Dignam Corp. I bought many of my parcels off them at first. They also will hold the financing on the land.
Good luck.[/QUOTE]
I subscribe to Digman as well. the properties are generally small 1 - 10 acres. they offer a cash price as well as a finance option. mostly less than 50k with lots between 15 and 30k
Good luck!!.
I bought 12 acres on a lake with 5000 acres of crown across the street. about to hunt it for the first time in two more sleeps!!!
Make sure you check township bylaw that I have permission to build small cabin but township turn us down due size require building and permit so I am stuck and didn't built anything!!
Most organized Townships have a minimum construction size of 700 SqFt. Unorganized townships further North are more lenient with their requirements.Quote:
Originally Posted by wolf5
I would never have guessed that banks would not mortgage vacant land....does anybody know the logic behind this ?Quote:
Originally Posted by MikePal