This Land Is Your Land…
Posted by Slobokan @ 06:15 · 270 words · print
Over the course of the past two years, we have been looking for a nice piece of property in an area that is conducive to raising a family as well as growing enough crops to make that property self-sustaining for our family. We're even willing to sell our current home and take on a mobile home mortgage just to have that perfect piece of property.
The problem we have run into is most property we find is way over priced for the area it is located in, or it already has a home situated on the land. Many of the properties within our income have dilapidated buildings, and it would cost too much to tear them down. If we could find that perfect parcel I am sure we could get mobile home financing as well.
I was thinking about our long term plans and realized that, even though I could qualify for the land and the mobile home, with the housing market the way it is, I doubt we could sell our home in a reasonable amount of time to make it happen. I spoke to a neighbor the other night who is selling their home, and a deal they thought they had in place fell through because the people decided to focus on their mobile home refinancing rather than take the risk of buying a new home in the current market.
I know our land is out there, and we have time, so when the market rebounds I am sure we'll see more and more opportunities out there.
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