It is so tempting to begin dreaming of the simple life when you see a sign that indicates “Farms and Ranch for Sale”. There is a certain romantic quality to rural living. Getting away from it all is the mantra of city dwellers. You can watch very wealthy celebrities enjoying their designer ranches on television frequently. Unfortunately, most of us are not wealthy and must work for a living. Running a farm or a ranch requires hard work. It is a major decision to buy any of the farms. And a ranch for sale that is purchased on a whim can cause just as much work and heartache if all facets of the purchase are not considered.
Finding those signs that say, “Farms and Ranch for Sale” is not difficult. You can find many purchase opportunities from a variety of sources. The quickest route is to use a real estate agent. An agent will be familiar with all the properties for sale in the area you are interested in farming or ranching. Even if you desire to purchase outside your current home state or area, a real estate agent can locate properties around the world if necessary.
But before deciding to make a major move by purchasing any one of the farms and ranch for sale, make sure you understand the ramifications of your decision. Farms and ranches are in the country. It is often a long drive to the grocery store. Both require hard work and dedication. Sometimes you will be unable to leave the property during bad weather. The property must be regularly maintained. There will be problems you have not even thought were possible. There are outbuildings to maintain, roads to clear, fences to mend, and livestock to feed. Often wild animals will cause damage to your property that will have to be repaired. In other words, there are actually many more things to worry about when considering the sign that says “Farms and Ranch for Sale” as opposed to purchasing a condominium.
But the joys of rural living are often more than enough to overcome any difficulties. If you are one of those people who is determined to move to a farm or ranch, then nothing can be said that will discourage you from your mission. In that case, the next step is to find the right property. That means determining the size of the farm or ranch for sale that is workable for your budget and time. It is recommended that you start small if you are a beginner. Don’t try to take on too much in the beginning, because you can always expand later on.
Beware of prices that appear to be too cheap. There is most likely a reason and it’s not a good one. Unless you are one of the fortunate ones to find farms or a ranch for sale at bargain basement prices due to special circumstances, prices too low can indicate a problem. If you use a real estate agent, make sure the agent does a complete financial history on the farm and ranch for sale. Seeing how often and at what price the property has been sold can reveal a lot of information and raise many questions.
Mark Williams is a licensed realtor that specializes in farms of all kinds in Western Kentucky. If you're looking for that special hunting or farming tract go to Kentucky Land and Hunting Properties