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Old Fashioned On Purpose

S15: E13: How to Buy Homestead Land in a Challenging Real Estate Market

Old Fashioned On Purpose

Jill Winger

Cows, Home & Garden, Education, Cooking, Homesteading, Leisure, Hobbies, Canning, Chickens, Homestead, Farm, Gardening, Farming, How To

4.81.8K Ratings

🗓️ 16 September 2024

⏱️ 36 minutes

🧾️ Download transcript

Summary

"I'll never be able to afford a homestead!" It's one of the most common pain points I'm hearing right now and for good reason: the real estate market is tricky. I'm happy to be joined by Anna Young today. She's a loan officer with Rural 1st and specializes in helping rural folks find the property of their dreams. We discuss interest rates, the volatile market, plus lot sof actionable strategies for getting closer to becoming a land owner. Don't miss this one! Podcast Episode Highlights ...

Transcript

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0:00.0

So in talking to so many of you whether if you're

0:08.3

So in talking to so many of you whether if you email or in person or at conferences. One of the biggest pain

0:16.2

points I'm hearing over and over again is the fact that so many of you are looking

0:20.8

for a homestead property, you thought you were getting ready to buy one, you're trying to maybe move into a different size of homestead property, and you're frustrated with the state of real estate at the moment. I know this is a huge sticking point, not just for

0:34.3

home centers, but for everyone. Interest rates fill high, the market feels wonky,

0:38.6

and so I have been trying to figure out how I can help you guys with this problem for a while now.

0:45.2

But when people come to me for advice on how we bought our homesteads,

0:48.8

honestly I don't have a lot of personal experience in this realm because when we purchased

0:52.4

our place back in 2008, the world was very different and the interest rates were different and the real estate market was different.

0:58.0

And so I feel a little bit at a loss.

1:00.0

So today I am so excited to be bringing an expert on the show to help discuss and problem solve this very topic.

1:08.0

So Anna Young is a senior loan officer with Rural First, which serves Kansas, but they have affiliations all over the United States, and so we're going to talk about that as we roll along here. It's not that you have to be in Kansas to get a lot out of this episode.

1:22.6

And prior to rural, first, she has worked as an underwriter,

1:25.8

a lender, a business developer.

1:27.9

She's on all kinds of roles in this world,

1:30.4

and I cannot wait to hear some of her strategies for how we can navigate this market and hopefully get some of you into the homestead of your dream.

1:38.0

So welcome Anna, I'm so excited to have you.

1:40.0

Thanks, Jill. I appreciate you letting me be on today.

1:44.0

It's really going to be a fun conversation.

1:46.0

It is, yes, and I've been looking for the right person to have this conversation with, and

1:49.5

so this is going to be good.

1:50.9

I'm so pumped.

...

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