If you’re looking for timberland for sale in North Florida, especially if you’ve never bought a timber tract before, this guide is for you.
7 Things Nobody Ever Tells You About Buying Timberland
Though buying timberland may sound like the perfect idea, you have to make sure you do your homework before you dive in with both feet. Check out these seven things nobody really talks about when buying timberland in North Florida:
- Don’t just buy timberland because it’s a good investment
- Location is key when buying timberland
- Size matters when it comes to timberland
- Consider the terrain when buying timberland
- Be aware of the potential hazards on your timberland
- Make sure you have the necessary permits and licenses before buying timberland
- Have a plan for your timberland
Scroll down for a closer look at each.
Tip #1 for Buying Timberland in North Florida: Don’t Just Buy it Because You Think It’s a Good Investment
Timberland can be a great investment, but it’s not always the best option. If you’re thinking about buying timberland, first ask yourself if you’ll actually use it. If you don’t plan to build on the land or use it for recreation, there are probably better investments out there for you.
Related: What is the inspection period when you buy property in North Florida?
Tip #2 for Buying Timberland in North Florida: Location is Key
When you’re buying timberland, location is everything. Look for tracts that are close to roads, mills, and other infrastructure. These will be much easier to manage than properties that are remote and difficult to access.
Tip #3 for Buying Timberland in North Florida: Size Matters
When it comes to timberland, size definitely matters. Choose a tract that’s the right size for your needs. If you plan to build on the property, make sure there’s enough land to accommodate your plans. If you’re just looking for a recreational property, a smaller tract may be all you need.
Tip #4 for Buying Timberland in North Florida: Consider the Terrain
When you’re buying timberland, it’s important to consider the terrain. A flat, easy-to-access tract will be much easier to manage than a hilly, remote one. If you’re not sure what you’re looking for, ask a forestry consultant to help you evaluate the land.
Related: Do you have to come up with an earnest money deposit to buy land?
Tip #5 for Buying Timberland in North Florida: Be Aware of Potential Hazards
There are some potential hazards that come with owning timberland. Things like sinkholes and wildfires can pose a serious threat to your property. Before you buy, make sure you’re aware of the risks and have a plan to deal with them.
Tip #6 for Buying Timberland in North Florida: Make Sure You Have the Necessary Permits
Before you buy timberland, make sure you have the necessary permits and licenses. In Florida, you’ll need a Timber Sale Notice before you can harvest any timber on your property. You may also need other permits, depending on your plans for the land.
Related: Is there a financing contingency in your land purchase contract?
Tip #7 for Buying Timberland in North Florida: Have a Plan
Before you buy timberland, it’s important to have a plan for what you want to do with it. Are you going to build on the property? Use it for recreation? Harvest the timber? If you don’t have a plan, you’re more likely to make a decision that you’ll regret later.
Are You Buying a Home or Land for Sale in Lake City?
If you’re moving to Lake City, we can help you find the perfect place to live. Call us at 386-243-0124 to tell us what you want from your home and we will begin searching right away.
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