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That's actually a very good question. There are still places in the US you can buy unincorporated land. The taxes on those properties are none to so low it is n
by yardie 7y ago
That's actually a very good question. There are still places in the US you can buy unincorporated land. The taxes on those properties are none to so low it is nonexistent. To live on it ends up costing you more though. There is no electricity, no roads, no schools, no police, no fire protection, no water and no water treatment. Mail you'll need to pick up at the post office in the closest town. They don't deliver if they have no roads to drive on.
This setup works for a very small percentage of the population. If you want an access road to your property you'll need to purchase the right of way from neighbors. And you'll have to live with the fact that the land you bought might not ever sell. As a primary property it's going to be extremely hard to get financing for any improvements so most of these properties are relegated to a cabin in the woods, vacation home.