Owning land can be one of the most rewarding and one of the smartest investments you can make. Yet, when most people first decide to purchase land, they may have no idea where or how to get started. I have outlined the 7 basic steps on how to successfully find your property.

1. Decide to buy.
Once you have made the decision to own a piece of land, it's time to get started. Land is unlike any other purchase you will ever make. They are not making any more, a new model is not in production, and the price will only continue to appreciate. That is why it is important to have made the decision to purchase before you look at specific properties.

2. Plan your purchase.
Do your homework and you will be more prepared. Consider what you would like to use the land for: recreation, investment, or residence. Pick out an agent and make sure your agent listens to and understands your wants and needs. It helps to find a specialist in the type of property for which you are looking. Don't be afraid to ask them what their specialty is!

3. Set a budget.
Review your finances to gain a better understanding of what you can afford. We work with many lenders who are more than happy to assist you.

4. Find your land.
Looking for land can be very confusing. Make sure your agent takes the time to listen, and gain a true understanding of what your goals are, reducing the amount of time and energy you will need to invest in this process. If an agent shows you properties without getting close to what you want, something is not right. Most of our customers look at 3 parcels of land or less before purchasing.

5. How to make a reasonable offer.
Remember, the piece of land you find was not manufactured in a factory. They are not making any more. Each parcel of land is unique. When you find the parcel you want, make an offer. The three major parts of the offer are purchase price, earnest money, and closing date. Sellers normally feel the price they have listed is a fair market price.

6. Complete the transaction.
Once you have had confirmation in writing that your offer has been accepted, the property has been taken off the market, the survey or valuation has been carried out, your financing is in order, then everything is set. Get ready for a lifetime of enjoyment!

7. Relax!
Enjoy your new purchase.