Buying land can be an overwhelming experience: a high-stakes adventure that can leave you feeling elated and exhausted all at the same time. Land ownership is a key milestone in life and, often, the realization of a dream. It’s easy to make (sometimes costly) mistakes, especially if you’re a first-time land buyer. Though exciting, the land-buying process is complex, and without meticulous planning and expert guidance, it’s easy to encounter obstacles.
Land-buying mistakes are common, and while many aren’t a huge deal, some can be disastrous and lead to unwanted transaction delays and financial issues down the road. Pat Porter, owner and broker at RecLand Realty, shares his knowledge to help you sidestep potential pitfalls when buying rural land.
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