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Showing posts with label homestead. Show all posts
Showing posts with label homestead. Show all posts

Saturday, August 11, 2018

We bought land in the Arkansas Ozarks in March 2018!

We enjoyed November 2017 through January 2018 looking for land in Arkansas! During that time I was still working from home 40-60 hours as a Realtor/Transaction Coordinator for a team in Arizona and Chad wasn't able to find local work so he was unemployed most of that time. Thankfully in February we were able to find him some painting work with a friend of mine and after a month of that that lead into us starting our own painting business, #bigbuckspainting and that was good for us! We didn't make a ton of money at it but projects came often enough to keep Chad busy and bring in an income which was a huge relief we needed at the time.



We were fortunate enough to find out 5 acres outside of Pocahontas, Arkansas for sale where the seller was willing to do seller financing and so we didn't have to qualify for a traditional loan. If we would have to do that then we wouldn't have been able to do it so it was a huge blessing for us!

Here is the video where I talk about the excitement and worry of writing an offer on the land,



In this video we take our subscribers out to the land for a full walk thru for the first time since getting our offer accepted. We are IN ESCROW!!!

The day we closed on our land! It was an awesome experience! Now we have land, but no home!

Being land owners was a huge goal and accomplishment for us but it still didn't solve any problems for putting a roof over our kids heads or allowing us to not feel homeless. Granted we had an awesome safe home over at my Mom's but we were eager to get to our own place and settle in, 5 months after moving to Arkansas!

The process of relocating across the country when you don't make a ton of money or have a ton of money saved up...is hard and it takes some time. We sold almost everything we owned to move to Arkansas cheaply and that was not only to save money but also because we were 100% on board with living in a camper for a year. But as time drug on we realized that wasn't going to work.



We toyed with the idea of buying a shed to convert to a tiny home/cabin on our land and you can see the video tour here where we toured a 14x60 shed but in the end we realized that wouldn't work for us either because it was going to cost us at least $5,000 to get that onto our land and the utilities we needed put in but that huge cost was primarily due to the water costing us $2000 to bring it in from the city, when a well would have cost us $10,000.  And that would be an empty shell of a cabin delivered to the land, not livable. So again we went down a rabbit hole and did more research to try to find a way to be on or near our land, before the boys started school again in the fall so we had about 4 months to figure something out.

In our next blog post I'll update you on what we figured out!

xoxo,
Elizabeth

#newland #newhomestead #arkansasland #arkansas #arkansasbackwoods #homestead