Preferred Properties of Texas

The Preferred way to buy & sell property for over 25 years

Fence Options For Your Land

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You have found the ideal parcel of property, but the absence of a fencing means you might need to buy a fencing to suit your premises. Or maybe you’re trying to market some rural property, and are concerned that prospective buyers could be switched off from the lack of fence.

In any event, there are lots of choices for property fencing it’s possible to pick from. And, along with bringing potential buyers within an increasingly competitive property market, a lot of the next fencing choices may also help increase property value too. Think about the next land fencing alternatives and select one which best fits your requirements.

Corral panels are perfect if you’re only trying to place a few no-nonsense fencing around your property. The panels are easy to install and join, and frequently don’t even ask that you dig some postholes. Using corral panels to weapon a tiny area is more achievable in cost but not very functional for larger regions,

Flex railing is often chosen instead to strong plastic railings. They’re also fairly maintenance free and a few designs look like wood fencing.

Stock panels are easy, functional, and cheap alternative for those just trying to property fence without fretting about just how nice it seems.

Vinyl railing typically selected more for appearances, this really is a good alternative in the event that you would just like to create the fencing around your property appear fine, however they are not a sensible alternative for horse owners, because rails can easily be knocked out of place. Aside from that, they are simple to fit into articles, and do not require painting or staining.

Continuous steel railing a fantastic pick for placing land fencing around bigger areas, constant steel rail is attached to wooden poles, which makes a seamless fencing line.

Horse fence is obviously a fantastic selection for anyone who have horses in the house. It’s comprised of woven cable incorporated using a tight mesh. It empowers a horse to walk close to the weapon without the probability of this horse’s hooves becoming caught in conventional fencing or railings. It’s likewise affordable and may be connected to fence posts to enhance the sturdiness. As an additional bonus, this kind of fencing is able to appear appealing, raising land value. It’s best installed by an expert however, as it requires some skill and expertise to extend the woven wire fencing correctly from post to post.

Coated wire fencing is usually chosen as a substitute for cable fencing and can be assembled from electrical fence wire that’s been wrapped into a plastic coating. It is a fairly simple kind of fencing, excellent for people who only need some type of property fencing. It’s more powerful than a conventional wire fence along with the plastic coating provides more visibility too. Some forms of coated wire may also be deciphered.

Barbed wire is not quite appealing but certainly cheap, weatherproof wire fencing is acceptable for those who have possessions, but not always horses, since they are sometimes hurt by the fencing. Handling barbed wire fencing is clearly not without problem and necessitates careful patience and a great deal of gloves.

Electric fencing is simple to build around a large part of property and is comparatively cheap also. But a lot of individuals generally use electric fencing as a temporary remedy to other sorts of property fencing, unless there’s livestock on the property, in which case it’s more sensible. Otherwise, the fencing may frequently be quite brittle, and the minimal visibility makes it a problem for many. In general, it is a handy alternative for temporary fencing but requires continuous maintenance to guarantee the strands do not become loose and stay functional.

Natural fencing consistently looks quite appealing and there are definitely a broad assortment of styles to pick from. Any of them can help increase land value, but costs can vary based on height, style, and needless to say, just how much property is necessary. For large regions of property, natural timber fencing can be extremely costly depending on the style. Furthermore, natural fencing frequently requires postholes, in addition to routine treated or painting every so often. Massive amounts of pure fence can grow to be very labor-intensive, therefore many property owners shy away from this kind of fencing alternative based on that factor alone.

When contemplating your fencing options, it may be best to speak with a fencing specialist. He or she’ll take under account what your property is used for and just how big a parcel it is, and make the best recommendation based on your requirements and budget.

Looking For A New Home?

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If you looking for a new HOME in one of Stephenville’s residential neighborhoods, or a home with a small acreage, farm, or ranch, then helping you find that “JUST RIGHT” home is our primary concern.

List your home with Preferred Properties of Texas or let us assist you with the purchase of your new home.

Texas Hunting Property

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Texas hunting property has long been admired for its vast array of hunting opportunities it provides. More than 95 percent of Texas land is privately owned or handled that provides seekers with hardly any public hunting opportunities. The dearth of public hunting property has motivated Texas hunters to purchase their own territory to search from.

Whether they intend to search for a bow or firearm, then there are numerous things every hunter must remember when searching in their property. Here’s some advice regarding Texas searching requirements, why they’re necessary, and many ideas to follow when searching on your land.

TEXAS HUNTING REQUIREMENTS

Hunting on Texas property may be a complex procedure that’s littered with different misconceptions. The majority of the confusion revolves about the number of acres are necessary so as to shoot a weapon, the way to get permission to hunt on property, and also precisely when hunters will need to get a Texas hunting license.

1. HOW MANY ACRES?

Any hunter seeking to search for a bow or firearm is going to want to affirm the plot of property they’re searching on is a minimum of 10 acres. Texas state laws demand at least 10 yards, and some other hunter discovered violating this law could get numerous fines, or worse, upon repeat crimes.

2. PERMISSION FROM A LAND OWNER

Obtaining searching approval in the Texas landowner is quite straightforward. All that’s required is verbal consent, but Texas laws urges that landowners and seekers finish a Texas hunting rental certification.

3. TEXAS HUNTING LICENSE

All Texas seekers which are hunting on public or private property are needed to buy a Texas hunting license. Hunting nuisance animals like feral hogs and coyotes doesn’t want a license.

4. WHY HUNTING REQUIREMENTS ARE ESSENTIAL

The majority of the hunting conditions in Texas are rather lenient, although some seekers still wonder why that’s how it is. Texas requires that seekers only release their firearms on plots of land which are 10 or more acres to guarantee the protection of the others. Including neighboring landowners, outdoor fans, along with other seekers.

Permission to hunt on private property is necessary from a landowner to your evident reasons and to make sure that hunters are knowledgeable about the property’s dimensions and bounds.

The hunting permit system in Texas enables wildlife agencies to keep an eye on the amount of hunters and the a variety of game species. The permit system also ensures that the correct use of firearms and bows.

TIPS TO FOLLOW WHEN HUNTING ON YOUR OWN LAND

When searching your property, it is important to maintain the property boundaries in the mind in

HUNTING TRADITION

addition to anyone else which may be searching on your own property, and the influence on the wildlife inhabitants.

Hunters in Texas must ALWAYS follow these hints:

Never release a firearm close to a property border or aim towards a different land.
Produce and complete a hunting rental for each and every hunter which you allow to get your property.
Monitor the sport populations in your home regularly to determine if searching is achievable.
Always keep a valid hunting permit and take it with you to the area.
GOOD LUCK ON YOUR NEXT HUNT!
Hunting on private property is a time-honored Texas tradition. Adhering to the principles and regulations created by the Texas Parks & Wildlife Department will make sure it is a tradition that continues to grow and thrive. When venturing out to your next search, don’t forget to scope the possessions bounds, obtain consent and a signed searching lease, and be certain that you buy a Texas hunting license. Fantastic luck and happy searching.

Are you in the market to buy your own hunting land for sale in Texas then call a trusted Realtor at Preferred Properties of Texas

Finding Land: Where to Start and What to Look For

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Finding Land: Where to Start and What to Look For:

article original posted on landthink.com

Rural Texas LandIf you’re looking to purchase rural land for sale, there are many options throughout all parts of the United States. Many people want to buy land to build a home. Some urban dwellers may be looking for a safe place to retreat, while other people want land for farming or hunting and recreational use. It can be hard to find good land at a good price that also checks all the boxes, but it’s not impossible if you know where to look.

In many places, land for sale may be plentiful but not necessarily cheap. Texas, for instance, has some of the best land in the U.S., but its prices have risen over the years. In Texas, you can find land that spans just a few acres, as well as land that stretches for a couple of square miles (Waggoner Ranch anyone?). Population may be a key factor for some land buyers, and populations throughout Texas can range anywhere from a couple hundred people to a few million in the larger cities.

There are lots of options when it comes to land for sale in the Lone Star State and elsewhere. Here we’ll consider some of the more important aspects of finding land, including where to start and what to look for.

Find a Local Agent to Find Land

The United States is a beautiful country with many regions and diverse geographical features, including forests, mountains, lakes, deserts, canyons, plains, and coastal areas. Each has its own unique circumstances that are independent of how one might go about buying property in that area, including different issues that may arise in the transaction process.

Once you have a good idea of where you want to look for land and what your requirements are, you Country Rural Land and Homeshould reserve the services of a local agent who specializes in land. Much like politics – real estate is local. It’s acceptable to use broad resources such as the internet to begin your search, but once you get serious, you need to find an agent that knows the area and the land you are most interested in purchasing.

Location & Utilities

Location is always important to consider when buying land, but in relation to that, so are utilities. Most people think that getting utilities such as electricity, water and sewer to their property is a given, though this is often not the case when purchasing rural land. You may need to speak with a neighbor about getting an easement across their property for your electricity. As for water, different counties will have different requirements for well and septic, including where those necessities may have to be placed in relevance to other wells and structures. Be sure to consult with your local land agent for guidance.

Easements

With the mention of utility easements, I must bring up another important issue that many landowners face, which is the existence of easements currently on their property. Easements are varied in how they operate on the land. I’ll again use Texas as an example, which is a major energy producing state. As such, there are pipelines and high voltage transmission lines criss crossing much of the state. Pipelines are not all bad and can produce incremental income for the landowner, but at the same time they can restrict what you may be able to do on certain parts of your land. More importantly, in the state of Texas, major pipelines that transfer energy resources also have the right to claim eminent domain and when this happens, things may get contentious.

It is often said that once they lay one pipeline, they will lay another. When searching for land, be sure your agent does his research and notifies you of any easements currently on the property and what impact they may have.

Mineral Rights

As with easements, another potential issue that can arise in a land transaction is one involving mineral rights. Landowners can reserve the mineral rights on property that they decide to sell. When this happens, the buyer may own the newly purchased land, but the previous owner still owns the subsurface or liquid minerals and the rights to negotiate the exploration of the land in order to access and produce those subsurface minerals. This practice is now starting to extend into reservation of wind and commercial water usage on properties as well.

The negotiations into such matters can get complicated and at times strange, where certain subsurface depths and locations that are under current production may be reserved, while other areas of the subsurface end up conveying with the transaction. It can be very helpful to have a land agent that understands these things and is able to guide you through these situations.

Size & Terrain

Depending on your intended use, size and terrain are important things to consider when buying land. You may find a great piece of land in an area that doesn’t have a lot of trees, but that doesn’t mean trees can never be grown there. Maybe you’re considering buying a piece of land for a vineyard or orchard. Maybe you’re interested in having pasture land for livestock or food plots for wild game. Whether you’ll be growing wine grapes, peaches, grass or soybeans, you should first determine whether the size of the land is right for its use, and then consider the ways you may need to improve the terrain and ensure the soil will be rich with the right nutrients.

Finding Land at The Right Price

When it comes to making sure you pay the right price for a piece of land, an experienced and knowledgeable local land agent is your friend. I cannot stress this enough, as there is a huge difference between selling a million-dollar home in New York City and selling a million-dollar ranch in West Texas. Finding comparable properties is not always readily available, which makes it difficult to determine how much money land is selling for in a particular area. In these circumstances, a well-informed agent will be able to provide you with their professional opinion, as they will be up-to-date on the recent prices people have paid for properties, both on and off market, that are similar to the one that you are interested in.

Finding land for sale that is going to fit your needs and preferences will be easiest if you do your research and use an agent who knows where to look and what to look for. You may not find the perfect property that checks all your boxes, but keeping an open mind will help you find a great piece of land that checks most. And while it can be difficult to determine whether a piece of land is worth the price you are willing to pay, it will always be worth the effort it serves your needs and brings you joy.

Buying or Selling Rural Real Estate? Know the Lending Lingo

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In May 1917, W.S. and Mary Smith of Grayson County, Texas, became the first Farm Credit borrowers in the state when they refinanced a $10,000 farm loan at 5 percent interest with the newly formed Van Alstyne National Farm Loan Association – now a part of Lone Star Ag Credit.

Their new interest rate was a vast improvement over the 8 percent they had been paying on a bank note. Back then, lenders didn’t offer a choice of rates and terms. Until banking laws were changed and the Farm Credit System was established in 1916, long-term land loans were not available.

Rural real estate financing has changed dramatically since then. Today, as the Farm Credit System marks its 100th anniversary of supporting agriculture and rural communities, country home and land buyers have dozens of financing options. Whether you are purchasing or selling property, it helps to know the lending lingo. Following are a few terms used in rural financing today.

Appraisal – A written opinion of a property’s current market value prepared by a qualified appraiser.

Balloon Note – A long-term loan, often a mortgage, that has one large payment (the balloon payment) due upon maturity. A bal-loon note often has the advantage of low payments, thus requiring very little capital outlay during the life of the loan.

Basis Point – Basis points measure the movement of interest rates or yields in hundredths of a percent. One basis point is 0.01 per-cent, thus 100 basis points equal one percent.

Closing Costs – Costs for services required to close a mortgage loan, such as title insurance, inspections, appraisals, loan closing fees and attorney’s fees.

Closing Disclosure – A five-page form that provides final details about the mortgage loan that the applicant has selected. It explains loan terms, projected monthly payments and total closing costs. The lender must provide the closing disclosure to the applicant  at least three business days before the loan closing date.

Cooperative Lender – A lender that is owned and controlled by its customers. Each member has one vote. An example is a Farm Credit financing cooperative.

EIR (Effective Interest Rate) – Similar to the consumer APR, or annual percentage rate, the effective interest rate is an expres-sion of a customer’s total cost of borrowing in the first 12 months of a loan, including stock purchase, origination fees and interest, expressed as an interest rate.

Fixed-Rate Loan – A loan in which the interest rate is fixed for a pre-established time frame. The fixed-rate period can run for the full term of the loan, or for a period shorter than the full term.

Flood Determination – A process whereby a lending institution determines whether flood insurance is required and available for  a loan secured by a building or mobile home.

Inspection – An inspection of a prospective home or structure done by a professional to establish the structural and mechanical integrity of the building.

LIBOR (London Interbank Offered Rate) – The interest rate  that international banks charge each other for short-term inter-bank loans. It is usually quoted for one-, three- and six-month periods, and is a key reference rate used throughout the world financial markets. LIBOR is typically used as the base index for short-term loans and adjustable-rate mortgages. LIBOR rates are published daily in the Wall Street Journal.

Loan Estimate – A three-page form that the lender is required to provide to the loan applicant within three business days of receiving the mortgage application. It explains the important details about the loan requested, including estimated interest  rate, monthly payment and total closing costs.

Lot Loan – A lot loan is designed for people who wish to finance an unimproved property on which they intend to build a home in the future. Limited agricultural activity may occur on the property, but no intensive farming.

One-Time Close – Saves closing costs by combining your land loan, interim construction financing and permanent mortgage loan into one package.

Patronage – The portion of a cooperative’s annual earnings, after payment of all operating expenses, that are distributed to the cooperative’s members on a pro rata basis. Patronage dividends are a unique economic feature of cooperatives. They are paid in cash, allocated equities, stock or any combination of these, and effec-tively lower the cost of borrowing from a cooperative.

Preapproval – A general term that means a borrower has com-pleted a loan application and has provided his or her debt, income and savings information, which an underwriter has reviewed and approved prior to an actual transaction.

Prequalification – A preliminary step in the loan application pro-cess, a prequalification is a lender’s written opinion of the ability of the borrower to qualify for a particular loan amount. The amount prequalified by the lender is determined based on inquiries into the borrower’s credit history, debt, income and savings.

Prime Rate – A short-term, variable interest rate quoted by com-mercial banks as an indication of the rate being charged on loans to its best commercial customers. Even though banks frequently charge more and sometimes less than the quoted prime rate, it is  a benchmark against which other variable rates are measured.

Rate Lock – An option exercised by the borrower, at the time of the loan application or later, to “lock in” the rates and points prevailing in the market at that time. The lender and borrower are committed to those terms, regardless of what happens between that point and the established closing date.

Stock – Each Farm Credit co-op borrower becomes an owner of the cooperative through the purchase of stock equal to 2 percent  of his or her loan amount, not to exceed $1,000. In most cases, funds for the stock can be included in the loan. Ownership of this stock gives borrowers voting rights in the co-op. The stock invest-ment is repaid to the borrower when the loan is paid in full.

Variable-Rate Loan – Refers to any type of loan that does not have a fixed rate of interest over the life of the loan. Such a loan is adjusted periodically, usually according to changes in a standard index rate outside the control of the lender, such as the prime  rate, LIBOR or Treasury bonds or notes.

Preferred Properties of Texas have been helping buyers and sellers with their real estate transactions for over 25 years. Our Realtors have the expertise to assist you with your next property transaction. Don’t wait and let’s get started! Call today!

Preferred Properties of Texas

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