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Updated over 3 years ago on . Most recent reply

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Angela Orecchio
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27
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Live and invest in Knoxville

Angela Orecchio
Posted

Hello!  I have two questions.  My family and I are considering living around Knoxville area.  We have two small children.  We would like to buy a farm, 20+ acres.

1. What areas should we look in to find 20+ acres that might be a good , rural community?

2. We are interested in Brrrr deals, what areas should we research?

Thank you!

Angela

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Jason Wray
  • Banker
  • Nationwide
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Jason Wray
  • Banker
  • Nationwide
Replied

Hi Angela,

Try using the lanwatch website there is a lot of acreage for sale in TN Knoxville as well.  If your looking to build or finance just be careful as a lot of banks and lenders (but not all) do not lend on over 20 acres.  If they do they will not give value to anything over 8-10 acres unless of course you are buying "All Cash".  Just wanted to mention that if you were going to buy and build and then look to sell.  Where it makes sense is if you can "Sub-Parcel" out the lands into lots.

  • Jason Wray
  • [email protected]
  • 727-637-4289
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