TheSearchFor FarmProperty - Oregon State...
Transcript of TheSearchFor FarmProperty - Oregon State...
The Search For Farm Property
Keldah Hedstrom Ag Real Estate & GIS Consultant OSU Small Farm School September 7th 2013
Agenda • My Background
• Goals & ExpectaIons of Land
• IniIal Property Search
• In Depth Research
• Working With a Realtor
Land Goals & Expectations • Understand Your Goals, ExpectaIons, and Means FIRST before searching • Specific Crop and/or Livestock
• Specific Area and Flexible Crop or Livestock
• Property Purchase Budget • Closing Costs • Taxes • IniIal Costs • etc.
Land Goals & Expectations • Define ExpectaIons and Goals • Type of: Crops, Yields, Livestock • Farm Plan & Budgets • Area/LocaIon & Size • Climate • Markets & Proximity to Town • AmeniIes (Home on the land?) • Water Rights & Features (Pond, Creek, etc.) • Infrastructure (ExisIng or Not?) • Neighborhood
Initial Property Search • Now that you have a starIng point… • Begin a search to narrow down potenIal properIes • Online Search Tools
• In Person Search
• Build a reference folder of informaIon about potenIal properIes that meet your goals/expectaIons
Online Tools -‐ MLS • RMLS – Regional MLS (h`p://www.rmls.com)
• WVMLS – Willame`e Valley MLS (h`p://wvmls.com/)
• AssociaIons/Boards of Realtors • Central Oregon (h`p://www.centraloregonrealtors.com/index.php) • Southern Oregon (h`p://roguevalleyrealtors.org/) • North, Central, South Coast Boards of Realtors
RMLS
WVMLS
Online Tools • Craigslist (h`p://www.craigslist.org) • For Sale By Owner & some Realtor LisIngs
• .COM Sites • Zillow (h`p://zillow.com)
• Realtor (h`p://realtor.com)
• Truila (h`p://www.trulia.com/)
• ifarm (h`p://www.friendsoffamilyfarmers.org/)
• Friends of Family Farmers • Farmer to Land ConnecIon Website
In Person Search • Drive Around Neighborhoods & Look for Signs! • Community Research • Restaurants • Tractor, Feed, IrrigaIon stores • Farmer’s Markets • Grower AssociaIons, Farm Bureau, 4-‐H Clubs, etc. • Ask Neighbors • Networking • Investors
Now that you have narrowed it down to a few properIes that might meet your goals…
Start the In Depth Research!
In Depth Research – Maps! • GIS (Geographic InformaIon Systems) • Models the world in different themed layers • Combines a`ribute informaIon with a spaIal (on the ground) locaIon
Example GIS Map
In Depth Search -‐ County • County • Assessor • Taxlots (Taxes & Appraisal)
• Planning (Zoning) • Zoning Maps -‐ What can you do with the land?
• Maps • Roads • Flood Zones • Fire Districts • School Districts, etc.
• Clerk & Recorder • Some History • Surveys
County Mapping • Benton County • h`p://www.co.benton.or.us/maps/bentonmaps.php
Benton County Tax Lots
County Tax Record Example
In Depth Search -‐ Water • Water Rights • State owns the water • Administered by Oregon Department of Water Resources (ODWR) • Complaint driven regulaIon • If a stream is non-‐navigable then the landowner potenIally owns the ground under it • Can only water ½ acre around home or livestock without a water right! • Water Rights stay with a property • Well TesIng is responsibility of Seller
ODWR • How do I find if a Property has Water Rights?
(h`p://www.oregon.gov/owrd/Pages/wr/property_wr_info.aspx)
• Water Rights Online Mapping • Water Rights CerIficates and Permits • Well and Diversion locaIons • Well Logs • Well ConstrucIon Compliance • Water Availability • Wetlands
ODWR Water Right Map
Water Right CertiIicate Search Example
Well Log Example
In Depth Search -‐ Soils • Different Soils and DRAINAGE Needed for Crops • NRCS is Primary Expert -‐ Web Soil Survey • Soil Samples -‐ Ask realtor or owner if they have any • Soil TesIng – OSU publicaIons • h`p://smallfarms.oregonstate.edu/soil-‐tesIng • h`p://ir.library.oregonstate.edu/xmlui/bitstream/handle/1957/20037/em8677.pdf • h`p://ir.library.oregonstate.edu/xmlui/bitstream/handle/1957/20035/em8710-‐e.pdf • Local Crop and Soil Consultants
NRCS Web Soil Survey Website • Search for an area • (h`p://websoilsurvey.sc.egov.usda.gov/App/HomePage.htm)
• Define your Area Of Interest (AOI) • Soil Map Tab – For the Soil Map • Soil Data Explorer – Soil Index
Soil Map Example
Soil Map Example
In Depth Search – Aerial Photos • Land Surveys • Ask realtor or owner for previous surveys • Ask local survey company to research if exist
• Aerial Photos • Field Maps & Acreage
• Historic Photos • Old stream channels • Old gravel pits • Previously VegetaIon Type
Imagery Sources • Oregon Explorer (h`p://www.oregonexplorer.info/) • State Wide Imagery from: 1995, 2000, 2005, 2009 & 2011 • Different ‘Portals’ for exploring Oregon • Google Imagery • Other/Private Data Providers
Imagery Sources • USGS Earth Explorer – (h`p://earthexplorer.usgs.gov/) • Aerial, Infra Red (Plant Vigor) & Historic Imagery!
Additional Maps • Oregon GIS Data Warehouse • (h`p://gis.oregon.gov/DAS/EISPD/GEO/pages/alphalist.aspx)
• Topography -‐ Lidar (1o elevaIons!) • Hazards & Geology • Market Analysis (Census data, etc.) • Urban Growth Boundaries (Affect Zoning!) • Groundwater Restricted Areas • Fire & Forest • Fish (affect water rights and quality!)
Working With A Realtor • Real Estate Agency RelaIonships • Seller’s Agent • Buyer’s Agent • Disclosed Limited Agent • Represents both the buyer and seller, or mulIple buyers who want to purchase the same property. This can be done only with the wri`en permission of all clients.
• Acknowledged at the Time of Offer • Discuss this AHEAD OF TIME!
Working With A Realtor • More clearly you communicate your expectaIons, more help you will get! • If property is listed, usually need agent to visit • By law, agents must disclose material facts that are KNOWN to them • You can represent yourself, BUT: • Make sure to have lawyer help with contracts and provide guidance • Perform lots of research & due diligence • Stand up for yourself!
Adapted from Conner Voss’s Family Farm Real Estate Handout
Working With A Realtor • Ask QuesIons to find out their level of knowledge about the property • See Handout for List of Example QuesIons To Ask
• VisiIng The Property • Inspect EVERYTHING! • Take Pictures • Visit in Winter if Possible! • Chance to find out about things that come up during your research
THANK YOU!
Contact me anyIme with QuesIons!
Keldah Hedstrom Ag Real Estate & GIS Consultant
406-‐465-‐7271 (cell) [email protected]