One of the most frequent requests I receive is for homes on acreage; the problem is that most of the people looking for them are not in a position to purchase them. Ultimately we wind up trying to cobble something together that looks a bit more like a rent-to own than an actual purchase.

As an Accredited Equestrian Real Estate Professional I tend to get a lot of the equestrian lifestyle folks asking me to assist them with finding a home.

Years ago, you almost never found an owner finance or rent-to-own property that fit that description. Lately that trend seems to be changing, with the glut of real estate on the market many owners are seeking to find alternative means of selling their real estate.

Here is a list from the Heartland MLS of several such homes, they range in price from $70,000 to $1,900,000. These were all selected because they were listed in the MLS as having some alternative means of financing; either owner finance, lease option, private lending or some other form of alternative financing. See link below!

As I pointed out last week in predictions for real estate investment in 2010, owner finance and rent to own are the largest growing trend in investment real estate. Now that trend is moving to homes on acreage and other property types not normally thought of as investment property.
homes_on_acreage.pdf
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Well once again we have listed an amazing farm for sale, this one is not in Bates County, but Jackson County, MO just outside of Buckner, MO.

Beautiful home on 80 acres of lush pasture, income producing cropland and a large walnut grove.  Former home of the great Larry Gura - own a piece of Kansas City baseball history!

If these walls could talk! Play pool in the loft bar overlooking the great room. Where great baseball legends have gathered to discuss the next game! Watch your horses run from the window of your luxurious master suite while soaking in the jetted tub.

Enjoy the view of the rolling pastures while enjoying the warmth of a fire in the see-through fireplace!

Watch the deer, turkey and doves as you sit in your tree stand overlooking the huge fishing pond.

Entertain your friends during inclimate weather on the indoor putting green in the breakfast room.

Finished basement, quality construction, plenty of room and beautiful details.

Huge wall of glass to look out over you 80 acre estate and watch the wildlife flourish..
Address: 1512 S Borgman Rd.
Neighborhood: East Kansas City
City: Buckner
State: Missouri
Zip Code: 64016
Price: $795,000
Bedrooms: 5
Baths: 4
House Type: Residential
House Style: Contemporary/Modern
Property is available from: 04/05/2010
Square Footage: 3938
Garage:2
Year Built: 1965
School District: Fort Osage

Bring me any offer!
816-313-8876
 
 

Seems on August 4th 1941, Time Magazine reported on the real estate dealings of one of Bates County’s most notable landowners. William Scully had come to America in 1894, with a pocket full of cash he set about purchasing all the farms and land he could aquire. He passed the considerable parcel of land on to his son who seldom visited. The land was tenanted by nearly 300 residents.

In late July of 1941, the young Mr. Scully sold nearly 42,000 acres to the Farm Security Administration , which had evolved out of the Federal Emergency Relief Administration and the Resettlement Administration, to form the FSA after President Roosevelt signed an executive order creating the FSA in 1935.

Much of the land that was purchased by the agency became part of defense projects, such as Fort Leonard Wood and others. Some of the land would be sold or leased to residents at 3% interest.

Mr Scully reportedly received 1,078,151 for his land making that about $25.76 an acre for the deal.

The area would then become known as Oswego Farms, according to the Time Magazine article.

Thank you for visiting www.batescountyrealestate.com 

Source: http://www.time.com/time/magazine/article/0,9171,765942,00.html

 

Bates County Real Estate is a top equestrian real estate agent in the Butler, Missouri Equestrian Real Estate Agents guide on NewHorse.com.