Currently viewing the tag: "buying a horse farm"

Tips for Buying a Commercial Horse Farm for the Self-Employed

By On September 6, 2021 · Leave a Comment · In How To Buy A Horse Property

There is a lot to think about when you’re buying a commercial horse farm. That’s especially true when you are self-employed. 

You’ll have to consider how your employment status affects your planning. This is true both in terms of what documentation you’ll have to provide a prospective lender, as well as how the land you select will affect you and your animals. 

You’ll have to account for factors such as:

Having enough room for a barn or stable
Access to water
The amount of shade the property offers
Whether it’s large and flat enough for your animal(s). 

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When Can You Use a USDA Loan to Buy a Horse Farm?

By On May 17, 2021 · Leave a Comment · In How To Buy A Horse Property

Buying a farm can be a very large and intimidating purchase. With such large land sizes, getting a mortgage loan seems unavoidable. Unfortunately, getting a mortgage is expensive and difficult. Luckily, you can get a United States Department of Agriculture (USDA) sponsored loan with many benefits that make getting a mortgage much easier. As […]

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5 Legal Considerations When Buying Equestrian Real Estate

By On April 2, 2021 · Leave a Comment · In Barn and Horse

For anyone who loves horses, owning a horse property  is likely a lifelong dream. For them, the ability to walk out the door and go riding whenever they want, or the chance to spend time at the barn without driving there beats a day at the beach every time. Then there are the horse enthusiasts who crave a live-work arrangement, where they can turn their passion into a viable business with no commute. 
The good news is there are thousands of horse properties for sale across the United States. Ranging in size from one acre to hundreds of acres and ranging in price from a few thousand dollars to millions of dollars, each one offers a world of possibilities. The bad news, especially for the uninitiated, is that buying one could potentially cause a world of headaches. 

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Tips for restoring an old horse barn

By On February 25, 2021 · Leave a Comment · In Barn and Horse, Everything Else

Looking at that old horse barn, it slowly starts becoming obvious that it has seen better days. Time flies by, the wear and tear start to show, and the years of heavy rain, snow, and baking summers don’t forget to leave their mark. But now, while the construction still bravely defies gravity, it’s time to set it to rights. Be it for a cosmetic update or radical renovation – we’ve rounded up some tips for restoring an old horse barn that will help you give its four-hoofed lodgers a proper home.

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Questions To Ask Your Mortgage Broker Before You Buy Your Horse Property

By On February 12, 2021 · Leave a Comment · In How To Buy A Horse Property

If you have found the horse property of your dreams, then the first thing to say here is: congratulations. The search for that perfect property is a long and hard one, and by this point you will have talked to the experts about its suitability for your animals, and will have probably spent a few sleepless nights thinking about whether this is indeed the right decision.However, while saying “yes!” and agreeing on a price is arguably the biggest step, you are not there yet.

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Construction Hack: Building a Horse Stable from Scratch

By On February 10, 2021 · Leave a Comment · In Barn and Horse, How To Buy A Horse Property

Not every property you find is a ready-to-move-in horse property. Sometimes you get wide open, fenced in spaces with a nice house, and not much else. Sometimes you may get a dilapidated barn that requires some work in order to become your dream horse farm. Whatever situation you are looking at right now, here are some construction hacks to make building your horse stable from scratch as easy as dropping “horse apples.”

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Obtaining a Mortgage for an Equestrian Estate

By On January 28, 2021 · Leave a Comment · In How To Buy A Horse Property

Buying an equestrian estate or a horse farm is an exciting undertaking. However, it can also be an enormous financial stressor. It is common to rely on a mortgage to buy an estate. Long-term planning is smart, which will allow you plenty of time to get organized. Here are some useful tips to help you prepare for the mortgage process and become an astute future estate owner.

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Building a Horse Property from the Ground Up

By On January 24, 2021 · Leave a Comment · In Barn and Horse, Everything Else, How To Buy A Horse Property

Have a Clear Vision
Among other forms of agricultural investments, horse farming is the most challenging. To make it a big success, you should have a clear vision. For instance, decide what you want from the horse property? Some people plan to go towards breeding, while others wish to add a riding facility. Having a horse stud is another option. Depending on the vision, you can plan your budget, material, and timeline.

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Common mistakes people make when buying a horse property

By On January 19, 2021 · Leave a Comment · In How To Buy A Horse Property

There are many things to consider when buying your own equestrian property. As simple as it may seem, you should pay attention to certain characteristics of the property listing in question. Namely, purchasing an adequate horse property is not the same as buying typical property. Consequently, people who are new or inexperienced when it comes to this kind of purchase may not be aware of this.

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What Kind of Loans Can You Use to Finance Your Dream Horse Property?

By On January 13, 2021 · Leave a Comment · In How To Buy A Horse Property

A critical step in preparing to buy a horse property is securing proper financing. However, finding the money for these types of properties can present a unique set of challenges.

Depending on your personal financial situation and how you intend to use the property, you may need to conduct research on different loan requirements before reaching out to a lender. The research process may take months, but once you secure a loan, you’ll move one step closer to becoming a horse property owner.

As you consider your options, here are four types of loans you may be able to use to pay for your equestrian estate:

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