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151 where boundaries lie.At the very least, it's helpful to get aerial photos and topographic maps of the property and request boundary line information from the appropriate county officials. Taxes In some states, land is taxed based on present use instead of market value. If you purchase property currently enrolled in a reduced tax program, there could be penalties if it's not re-enrolled. Land management Once you purchase your land, the fun begins! And so do the responsibilities. If your property is open acreage, the land can be maintained as is. Heavily wooded land, however, should be maintained under the advice of a forestry or land management specialist to ensure it stays healthy and mitigate fire risks. Timber If you're considering selling the timber on the land, hire a professional to walk the property, count and measure the trees, and provide an estimate. This will give you a good idea of what the timber is worth. Farming If your property has open acreage and you don't plan to farm yourself, renting to a local farmer may be an option. This can provide an additional revenue source and land maintenance. Nature If you want to increase wildlife on your property and create a healthy habitat, consider planting food plots to attract animals. Organizations like the National Deer Association (NDA) can provide tips, tricks and best practices. Buying your first rural property is an exciting adventure. Partnering with professionals who truly understand the nuances of rural land purchases can offer peace of mind and make the process much smoother. Remember, many traditional lenders won't finance land intended to remain bare. You'll want to find a lender willing to work with you. Rural 1 st offers financing to buy the land you want and expertise in insurance requirements, available grants, incentives and more. "As the leader in rural lending, we understand what it means to find the piece of land that's perfect for you," Emily Stamper, a Rural 1 st loan officer in Kentucky, said. "We live out here too and enjoy the land as much as you do. Working with an experienced lending professional who understands rural property and knows the area can be invaluable." With Rural 1 st by your side, your rural dream is closer than you think. To learn more about Rural 1 st , visit www.Rural1st.com/Whitetail. Loans subject to credit approval and eligibility. Rural 1 st ® is a tradename and Rural 1 st , the Rolling Hills Window icon, Rural Logic, and Closer to What Matters are exclusive trademarks of Farm Credit Mid-America, NMLS 407249. Rural 1 st products are available to consumers within the territories of participating Farm Credit System Associations. Equal Housing Lender.