See Us in Madison This Weekend

Our Agents will be at the Wisconsin Deer and Turkey Expo Friday through Sunday at the Alliant Energy Center in Madison.  If you have questions about buying property for recreation or investment, they would love to meet you.

Get the event information here 2014 Wisconsin Deer and Turkey Expo

Check out our property listings here BuyWisconsinLand.com

How To Guide

Sometimes just seeing the basics gives us the real picture.

This buying guide by Wiki-How is a primer, with colorful slides, on what you need to do to have a successful property purchase. One thing missing is a reminder to talk with a Real Estate agent, like the ones at BuyWisconsinLand.com, who can guide you though these steps and make the process even easier.

Buying raw land is not as complicated as you might think. It's much cheaper than buying a home (with fewer strings attached), and probably the biggest step towards an independent future that you can make. Even in a place as settled as the United States, good property is still to be found, especially in rural areas, and often you'll find land that is quite reasonably priced, from around three to five thousand dollars an acre on a small parcel, and less if you buy more. However, you cannot live on raw land, it will have to have a lot of improvements. With today's building costs and the lowered cost of "already built" houses you may be better off looking for house or a fixer upper, or perhaps a foreclosure. Get the help of a realtor to allow you to see everything that is available, raw land and houses.

Full Story How to Buy Raw Land

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Forestland Investment Outlook

Curious about how your wooded property may do as an investment?  Wonder if it's time to invest more into forest land?  Check out this 32 page brochure put our by the World Forestry Center with their outlook on forested properties world wide Timberland Investment Outlook 2013-2017 New Forests

Looking for wooded properties in Wisconsin?  Let us help you find a property that is not only a great investment, but a great recreational parcel as well.  BuyWisconsinLand.com

Tax Deductions

The items you can deduct on your taxes when you own vacant land versus improved properties are can be different and sometimes fewer. Check out this article by Solomon Portesky at eHow to be sure you find all the deductions you can use when you own raw land as an investment property.

With all of the discussion of the benefits of home ownership, it becomes easy to forget that these benefits apply, in one form or another, to just about any type of real estate ownership. This can include the ownership of raw land. Whether held for investment or residential purposes, a parcel of land comes with a number of tax deductions built-in.

Full Story Land Property Tax Deductions

Check out our large wooded acreages BuyWisconsinLand.com

Questions About Purchasing Property

When purchasing land for recreation or investment, we at BuyWisconsinLand.com recommend you start by answering these questions:

First – what kind of property are you looking for?
An existing home or cabin? A building lot? Small acreage parcel? Large acreage property? Water frontage?

Second – what will be using the property for?
A vacation cabin for weekend getaways? A future retirement home? Your own hunting ground or ATV area? An investment property?

Third – where do you want to be?
Is there a city you would like to be near? Is there an activity you want to be able to do on and around your property? Is there a distance from a city that you don’t want to travel far from?

Fourth – what do you want to spend?
Know your budget - then research property values. This will give you a better picture of what type of property you should look for and what areas to look in.
Too often customers believe that because a property isn’t near a major city land values are very low, or that there is no zoning and they can use the land however they wish. This is rarely the case; even though a parcel may be deep in the countryside, other factors such as water frontage, proximity to public lands or local attractions, or even road frontage, all have an affect on the price. And all Counties have zoning regulations and in some cases Townships have even more laws regarding property use.

Before heading out and looking for any type of property – take time to research the areas you are interested in. Know what you would like to use your property for and set yourself a budget.

Do you have more questions? Drop us a line at property@buywisconsinland.com and one of our Associates will get you the information you need to make an informed purchase. And check out our listings of wooded properties at BuyWisconsinLand.com We also have County Government and Tourism Links, ATV Trail Information, Hunting and Fishing Season Dates as well as Land Purchase Information.

(questions reposted from Wisconsin Fun Facts blog June 24, 2009)

How Realtors Get Paid

Most folks know Realtors® gets paid a commission when a property is sold.  But exactly how does that work? Does the Seller pay or the Buyer? And how is the commission split between the Agents?

Check out our Wisconsin Fun Facts blog from January 15, 2010 with a link to a great article that explains real estate commissions.

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Liens on Property

A question that sometimes arises during the sale of a property is "does this property have any liens on it?". A great question, since when you make a purchase you don't want to take on anyone else's old problems.

However this problem can be quickly answered by checking the records at the courthouse, which is usually done by the Title Insurance Company prior to closing.  In Wisconsin, once you have a signed and accepted Offer to Purchase, your Real Estate Agent or bank will order the closing paperwork which will include Title Insurance. The Title Insurance Company will review the property records and report back on any liens or encumbrances it finds.  Then it's the Seller's job to take care of these issues before the closing date.

If you have questions about buying real estate, contact us anytime at property@buywisconsinland.com