Congratulations on your desire to own rural property. There are few things in life that provide the sense of well being, security, and pride of ownership than that of owning and working your own piece of land. Secondly in the long run it will prove to be a very sound investment. But like any investment, there are concrete steps that should be taken to ensure that the investment will pay the kind of personal and financial dividends that you are seeking.
Step one ...
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Getting to Know the Area
Wayne County is known as the Lake Region of the Poconos with a New England flair; enjoying a perfect blend of Victorian architecture, rolling hills, mature woodlands, and stunning vistas.
The County is perched on the northeast corner of Pennsylvania, 100 miles west of New York City, 150 miles north of Philadelphia, and 35 miles east of the Scranton/Wilkes-Barre corridor. It is growing at the rate of nearly two-percent each year, the third fastest growing county in the state. ...
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A land contract (sometimes known as a "contract for deed" or an "installment sale agreement") is a contract between a seller and buyer of real property. Real property is the land and all the things that are attached to it. Real property may also be determined to include whatever is beneath the surface of the land, like minerals, natural gas, and old; also any rights to the use of the property and finally leasehold improvements (since they cannot be removed.)
Leasehold improvements (sometimes ...
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