Things to Consider When Buying a Farm

1
Things to Consider When Buying a Farm
2
Investing in farm sale is a significant decision
hence one must give it a serious consideration.
Many people buy a farm to get away from the
hustle and bustle of city life while many make
this investment to expand their businesses.
Whatever the reason lies behind farm purchase,
its essential to do it right by considering
different aspects. Here are 6 things you must
consider when buying a farm
3
1. Plan ahead!

• If investing in farm sale is your final decision
  then its better to plan ahead. The sooner you
  will start looking for farms, the better options
  you will find. You will also need to check the
  cost of ownership and additional transfer taxes
  to be paid during farm transactions. You may also
  take the help of a real estate agent who is
  expert in farm dealings to plan everything
  smoothly so you dont face any problem while
  executing this task.

4
2. Purpose of Buying

• Some people buy a farm to enjoy the calm
  atmosphere of rural setting whereas, some
  purchase it for business purposes. You must
  figure out the reason for purchasing a farm and
  then look for one that suits your preferences the
  most. If you are just buying a farm to live in
  the countryside with your immediate family, a few
  acre land will serve the purpose pretty well. But
  if you want to grow an orchard or raise a large
  livestock for commercial purposes, you will be
  needing an extended land.

5
3. Structural Condition

• Investing in farm sale is already a daunting task
  hence make sure you dont have to deal with
  post-buying repairs! From fences to barns to the
  cottage, check everything properly to ensure that
  youre getting what youre paying for. Remember,
  some defects seem minor but may turn out to be
  costly repairs hence its better to not invest in
  a farm with structural damage.

6
4. Soil and Irrigation

• This one is to be considered by those who are
  investing in farm sale for agricultural purposes.
  Whether you are just into fun gardening or
  planning to grow an extensive orchard, check the
  soil for fertility. For healthy plantation, you
  will also be needing a proper irrigation system
  to water the crops hence look for it as well.

7
5. Access to Services

• As farms are located in the countryside, far away
  from urban or suburban areas, you wont be able
  to enjoy the community or retail facilities like
  city residents. Your access to various services
  will be restricted and you will have to drive for
  miles to do grocery shopping.

8
6. Farm Lifestyle

• No club-hopping, no late night pizza deliveries,
  and no city glamour! Farm life is all about
  serenity, nature, and purity. Youll get to spend
  more hours with your spouse and children to have
  some quality family time. Its possible to have
  fewer visitors because of your far location,
  meaning fewer parties and gatherings.
• To make your decision of investing in farm sale
  profitable, consider these all factors before
  acting upon!

9
Solid Rock Realty Advisors, LLC 2020 Charlotte
Street, Suite 14 Bozeman MT www.solidrockproperty
.com 406-582-1265