Ten Guidelines For Buying Land

We suggest you print and follow these guidelines.
They will save you time and money in your search for property.
They will work 100% of the time if you follow all of them.
    1. Decide what best fits your needs...
      Sometimes a husband and wife have different ideas of what they want. The first step is to decide what type of climate you would both enjoy. This will help in determining what areas to research. You will eliminate areas that are too hot, too cold, have too much rain, etc. This will save you time and money spent on trips to areas that are not right for you.

    2. Stick to a budget...
      Spend some time to formulate a budget that is comfortable. Look at land in areas that are within your budget. Investing should require sacrifice but not suffering. People are shocked when they find that land prices have skyrocketed in areas that were once very affordable.

    3. Be realistic...
      Some people are looking for the "perfect property." It does not exist. It is unfortunate that some people spend many years searching the country to finally come to this conclusion.

    4. Do your homework...
      Research the area before you spend the time and money to see the property. We are happy to provide you accurate information about weather, cost of living, building costs, etc. We have property in seven different locations throughout Klamath County and can help you determine what property would best fit your individual needs and budget. After analyzing the information you can determine if our area and property "fits" your needs or not.

    5. Watch out for opinions...
      Friends and family will always be happy to give you advice on what you should buy. Some people have lost fortunes by following this type of advice. If you wish to obtain information about our property, we suggest that you talk to people who have had experience dealing with our company.

    6. Always do business with a reputable company...
      Most reputable companies are happy to furnish you with a list of customers that can be contacted as references. Whether it concerns painting your house, a room addition, or buying real estate, existing customers are the best source of information. Be sure to get references and contact them before you do business. Please click to read our "Client Testimonials Page".

    7. Never buy land without title insurance and a recorded deed.
      When you buy real estate always insist on title insurance.
      Buying any real estate without title insurance is very risky. Liens, unpaid property taxes, judgements, federal tax liens, etc. can be recorded against property. Title insurance guarantees that you receive a clear title to the property you are buying. It also insures that the seller actually owns the property and has the authority to sell it. Receiving a recorded deed at the time of purchase guarantees YOU are the recorded owner. The property tax bill will be sent to you. Never buy land where you receive the deed AFTER you pay off the land.
      Click here to read our "Advice from the Experts Page".

    8. Never buy property on your vacation...
      Buying property is a major investment and should be important enough to make a "business" trip to look at the property. Some people spend vacation time looking at property. They usually end up with a horrible vacation and a wasted business trip. If you vacation in an area you like we suggest you plan a future business trip back to the area for the purpose of buying property.

    9. Check the zoning and the CC&R's...before you buy...
      Be sure that the property you are buying has the proper zoning and CC&R's. If you want to build a custom home we suggest you buy property in an area that is restricted to only custom homes. If you don't want to have livestock or raise chickens we suggest that you buy property where livestock is not allowed. If you want land for a mobile home be sure that mobile homes are allowed before you purchase.

    10. Take action...
      The biggest difference between the "have's" and the "have not's" is the ability to make a decision. There are countless motivational books and seminars on how to better yourself and they all stress this point. Some people go through the motions of researching and then make excuses not to act. Most of these people have lost out on tremendous opportunities.

      I also suggest you read the "Frequently Asked Questions" page on this site.

      Please call or e-mail me if you have any questions.

      Kerry Penn
      President
      Eli Property Company
      541-312-2959
      kspenn@eliproperty.com

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