I have a quick question, we have been planning on putting either a yurt or maby building a small cabin on some inexpensive land in Eastern Washington, I'm really liking the Tonasket,Okanagen,Orivile area.
So I have this idea in my head that if I find a great inexpensive plot for lets say $10k is it feasible to assume that I could offer them $2-3k down on and $7-8k offer? Most if not all the plots I have been looking at have been on the market for at least a year, so I'm hoping this gives me some great bargaining options...
Am I envisioning this wrong? Or am I going to have to have problems with the banks or some unforeseen problem? Thanks for the replies!
Just some ideas. I haven't put a dwelling on raw land before, so I'm not sure if these questions apply. I do know that most of our projects took longer and cost more than we thought until we got the hang of really estimating. Good luck.
Someone mentioned I might have a problem getting a loan, a loan under $10k? I live in Washington and in places our land can be quite expensive, or inexpensive if you want to give up some tree's and quality soil. I've been watching the MLS online for almost two years now and these places are just sitting there, most well over a year. I expect for example I would be able to get a plot for $15k and depending on how long it's been sitting on the market and my down of $2-3k I bet I could wiggle the final price down to $11-12k. Or so I imagine. Again thanks for the views/replies, please let me know your thoughts
Strangely enough, the county made it darned near impossible to have a composting toilet. We already have a septic system, so we are going to just use a low water toilet.
So far we have holes dug for the footings YEAH!
Do you know much about the area? If the plots of land are unusually cheap, there might be something about the particular plot that makes the land undesirable. Making an inquiry into the property is probably a good idea. Find out about zoning and any building requirements.
I'm an unintentional weasel feeder and I suck at proofreading.
We lived in Oroville, WA a few years ago (2010) and since have relocated. We are planning to possibly move back and ironically enough do the same thing you are except living our yurt while we build a cob hybrid home either outside of Oroville or preferably Tonasket. I was wondering if you achieved your goal yet. I hope to hear from you soon. Take care~~Melody