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post #1 of 9 (permalink) Old 10-12-2012, 11:19 AM Thread Starter
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New Camp Questions

I am thinking about purchasing a camp. I am not looking for anything crazy just 20 acres or so with some form of shelter or land that has easy access to get a cabin setup. Can you guys give me some of the information that I should be looking for before I even drive out to check out the properties. What questions should I be asking the agent concerning the property? What are some of the more common issues that people run into when purchasing camps? Thanks in advance.

Josh
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post #2 of 9 (permalink) Old 10-12-2012, 11:33 AM
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Re: New Camp Questions

if there's no existing septic, i'd make sure to get a clause in the agreement of sale that it passes a perc test first, even if you don't want to put a septic in right away. also, use google earth to check out the surrounding area unless you are real familiar with it. if there's no electric, look for how far the structure is from the power lines. cheap camps can end up costing big bucks if you want to modernize them with well, septic, electric, etc. also, check when the last survey was done. with bigger, rural parcels, sometimes there's boundary issues.

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post #3 of 9 (permalink) Old 10-12-2012, 03:38 PM
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Re: New Camp Questions

pump has given some great advice!
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post #4 of 9 (permalink) Old 10-12-2012, 03:48 PM
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Re: New Camp Questions

Gas, oil and mineral rights status.
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post #5 of 9 (permalink) Old 10-12-2012, 05:16 PM
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Re: New Camp Questions

Check the deed, for restrictions and right of ways, that may apply to you and the land. In a flood Plain? Check with locals and police to see if area has a history of break in's.
See what depth neighbors wells are, to find out if you will have issues hitting water. distance to State forest or game lands? Is surrounding land open to public? How far to good fishing? ....

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post #6 of 9 (permalink) Old 10-13-2012, 01:19 AM
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Re: New Camp Questions

How long has it been for sale?
Personally I don't like to use the listing agent, because they are representing the seller. I like to have my own agent... it's even better if your agent dislikes the selling agent. Also remember the agents don't care to work hard when it comes to anything under $100,000 so you need to apply pressure and do a lot of homework on your own.
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post #7 of 9 (permalink) Old 10-13-2012, 12:02 PM
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Re: New Camp Questions

How far are you willing to travel? Don't get stuck on any one area. Spend some time in areas your interested in. How close to stores and gas stations do you need to be.
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post #8 of 9 (permalink) Old 10-13-2012, 01:53 PM
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Re: New Camp Questions

Make sure timber rights are included. This is the first post from a thread that was here in the summer about a land deal gone bad.



Quote:
I seen some blue marks on my neighbors trees,then next a for sale sign,I contacted the realty co,put offer in,Seller took it,signed offer sheet,,went to settlement,he came 1/2 late,,signed all the papers,,then said```The Timber rights have been sold```his realtor almost fell off her chair.He sold timber in Nov 2011,Got paid in full for it,,put lot on market Jan 2012,never told agent about sale and listing said $10,000 in timber value,,not it that was sold,but still had it. Any suggestions what I can do? Now I have all these bank fees to pay that were coming out of the loan.

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post #9 of 9 (permalink) Old 10-13-2012, 09:15 PM
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Re: New Camp Questions

You might be better off to buy something that already has established septic and electricity on it, rather than try to get those things later. Look into the electric service. Some guys pay a minimum amount for electricity whether they use it or not, as ridiculous as that sounds. That can add up to a lot of money for a place that actually uses less than 100 dollars worth a year.

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