Basic Process of Buying a Charlottesville Horse Farm

for Sale (Part 1)

PAM DENTe-PRO, SRES, SFR

www.jumpintogreenerpastures.com

Ever dreamed of having a horse farm of your own? Worried about the extent of work it entails to

purchase one? Wondering if you have enough money for a horse property?

Let us answer these questions for you by walking you through the process of buying a Charlottesville

horse farm.

Here are the first few steps in horse farm buying which you need to take note of.

Find and work with an experienced local agent.

Residential and horse farms are very different properties. But for both, one of the most important steps to follow is to choose a reliable agent to help

you find the best property for you.

One must trust somebody who actually has experience in helping people buy or sell horse farms

in Charlottesville.

This is important because local agents know the place and and the process of horse farm buying well

enough so you don’t get disappointed at the options presented to you.

Choosing the best agent ensures half of the work is done without causing you too much stress.

So once you decide you want to be a Charlottesville horse farms for sale owner, search online for the list

of local agents, inspect their websites, and if possible, ask around for referrals.

Check on their background, and how active they have been recently.

Gather information and then talk to them face to face so you get a general feel of how it will be like working

with them.

List your priorities in a horse farm.

Available equine properties in the market will vary in location, acreage, amenities and pricing. Knowing

what you want and what you’re willing to pay for now is a must.

Some buy a horse farm for their hobbies and some for business. If you already have horses, consider the

right size for them.

For instance, you have to think about how many barns your horses will need.

You should also consider if you would be willing to pay for some amenities upfront or you would prefer

to build them yourself later on.

All these and more are weighed in so you could come up with a solid set of criteria which will be the basis

for your search.

Your agent will be able to help you better if you are sure on what you really want and and how much you

are willing to pay for it.

Consider setting goals for a few years so you could picture the type of horse farm you will need now and in the long run. If you want to check out some horse

farms to have a basis for your list, go to www.jumpintogreenerpastures.com.

Understand and get ready for loan criteria and requirements.

When it comes to financing your purchase of horse farms for sale in Charlottesville, you have to know

and check the local zoning requirements.

This will give you an idea on how the property will be appraised and what type of loan you should apply for.

Most of the time, banks consider properties with with added value like too many acres of land or too many

barnes as something with an earning potential, therefore, a residential mortgage will not apply.

If you are set on owning and managing a horse farm as a business, you must then understand that banks would most probably require you to come up with a

basic projection of a five year cash flow, based on your business plan.

This will be easier for you to do if you own horses and know the basic costs of maintaining them. All the

other items that would go into your spreadsheet can be provided by your contacts and experienced

friends.

These are the first few steps you must cover if you are going to enter the horse farm buying scene. Do not

get discouraged as help from professionals are always available.

To know the rest of the steps in buying your first Charlottesville horse farms for sale, read the next

part of this article.

If you need help in buying or selling Charlottesville horse farms, call me, Pam Dent at 434 960-0161.

As a native of Charlottesville VA who is both an expert in horses and equestrian properties, I have the

knowledge and experience that make me the best agent to get you the best deal on your desired

Charlottesville horse farms for sale.