Call me if this entire project the process has been to paint the land, I’m in foreign mom.
The sentence above is why I don’t use the microphone to make entries while I’m driving. The sentence below is what I actually spoke into the microphone:
If this project goes anything like what it’s taken to get land, I’m in for a long haul.
Lol, it isn't even close.
Anyway.
The latest obstacle was hurled at me today. It came from both the realtor and the lender. I paid off 2 credit cards and a loan that was near being paid off anyway - but was sucking out near $350 per month in payments. They wanted my output to be less. Well, I knew I would have to do that so no biggies, I agreed to it. Eat up some cash - but free up monthly cash. It was close to $500 per month in payments.
But what is the issue now? Well, the seller hasn't had the property surveyed. I'm no expert on any of this, but it's obvious you have to have a survey done when you are splitting up a property. This guy split this thing into 3 properties but didn't have any of it surveyed.
Well, a lender isn't going to do squat until that survey is done. I mean it's obvious why you would want that done. Your property lines are marked and established. There is a need to know what your property boundaries are, lol. I could tell you the front of the property line is the road. That's easy. And there's a barbed wire fence running along the north side. The back side - well that's not really marked.
There is a gate on the road, but the property line is beyond that gate, so I'm not sure what the gate is for. I just know from looking at the satellite view that that gate is probably 100 feet away from the property line and if/when I take possession of that property, that gate is coming down. I'll use it somewhere else. But, the rear of the property I'm going to have to install barbed wire fencing just to keep property lines established. There is nothing going on on that property, it is totally undevloped and it doesn't appear that there is any legal access to it except through an easement.
Now, that road, I don't know if that's an easement. I don't really care if it is, it's not big enough for trucks to run through there and there is nothing along there that a truck would need to access. Now, if there is a possibility that it is an easement and there are trucks running through it, I wouldn't care too much about it, for that road is right on the southern edge of the property and I can live without it. I have no thought of using that as the main entrance anyway. The main entrance will be nearer the northern end of the property.
Well I got off subject, I tend to do that when i start thinking about what I will do with this land. Anyway, there is a 30 to 45 day waiting list for surveyors. Yup, I won't be able to close on this property for at least a month from now. The lender told me today there is no problem with me getting the loan on the land - I asked him about that for he was telling me he couldn't proceed with the survey or anything without me paying off the loan and 2 credit cards. I wanted to know if he had any issue with anything on that contract, the land, whatever. He said no issues, just need to get all of this done.
I mean, I can't do anything with this land until it closes and it's in my name. That's just the facts of it. It is what it is. It isn't very pleasing to me, but whatever. I have decided I will get water run to the land right off the bat. I don't need pads set up for that, they install the line to the property edge and put in a meter and that's all I need. At least get that done and get a septic installer out there to take soil samples and give me a quote on a septic system.
Power, I just really don't want to do until I figure out where the pads are going to be so I can get a pole run near where the pads are. It will save money on running underground lines versus having a pole set "somewhere", just doesn't make sense to do that until I can pinpoint a central spot for the pole - or poles if I need to run it even longer in the air. I don't really care where the pole needs to go, but I have to know where that pole needs to go first.
This is more of a psychological setback than anything. I have no reason to believe the lender isn't going to approve this land. I specifically asked today, they said we're good to go, just get the required stuff out of the way. I've jumped through all of their hoops, my end of this deal is done.
Now, my realtor? She found this out today as well, the fact the property hasn't been surveyed. She wasn't particularly pleased about it either. Well of course not, lol, she ain't getting her share until this thing is closed, done and over with. She was like "No clue. I think the seller should have the survey ordered the moment they figured they were splitting the tracts, but I'm a girl - what do I know??" quoted and replete with a disbelief emoji, lol.
Nothing I would have known tho, and good info. When the 6 months is up, I'm getting titles to the 3 tracts in town, have them surveyed if necessary - they may already have surveys for them at the city - and put them up for sale. I may take my battle to the city tho, at least try to get approval for the one property to put a mobile on it. A bunch of liberals on the city council. I have to learn to talk their talk I guess. Like - well look, there's a lot of poverty in this town, I could put a mobile on there, fix it up and do it as a owner finance, rent to own deal. Someone or a family could benefit from the security and nicety of owning their own land.
And speaking of that, some other people would be interested in providing management and security on the land - full time. This is another - put a mobile on it and they will live there. One of them works from home, all the time. I'm afraid I can't have mobiles anywhere near RV pads. It's a - society and a mindset these RV'ers have. They don't want to see that stuff - and I could make that happen There is plenty of land there. 13 acres doesn't sound like much, but after walking over it, it's definitely enough for what I want to do. I just don't like the idea of chopping down too many trees.
I'm going to try and tone down on all of this - tho I won't stop doing my research. The more I look for info, well it's just amazing what you think you might know and then find out - throw all that out the window.
Oh, driving home from the yard tonight? I looked over at the road that goes to the property - it's awfully dark back there. Like pitch black. So, some sort of night lights will have to be thrown into the offing.
I think I'll go over again tomorrow. Not because I need to see anything more, but because I like to walk through woods and Addler loves it too. I'll bring Aspyn this time since the ground isn't muddy. Her and mud are roommates. More like bedmates. I mean, I could try to envision where the pads go? But it's hard to see with all that underbrush everywhere. That all needs cleared out to get a solid view of where and what goes where. There will be as minimal disruption to the tall trees as possible.
And with that? It's time to go to bed. Midnight-thirty. I got back to the yard at 10:30, got out of there around 11 and got home an hour ago. I'm not sleepy is the main problem here, lol.
It's going to be a long month-plus wait, lol.
2 comments:
It would immediately occur to me to ask if there is a shorter wait to survey a property if an extra fee (i.e. "convenience fee" is added. There are MANY places where a small bribe gets you close to the head of the line. Dunno if Texas is one.
I had thought the same thing or simply look up a list of surveyors and see what their schedule is. I don't know how it's possible that they can't find anyone to get it done sooner than that.
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