Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > New Mexico
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 06-24-2020, 10:49 AM
 
7 posts, read 4,934 times
Reputation: 10

Advertisements

Hello guys,


I am planning to purchase small piece of 5 acre land in Tierra grande, NM for $4000.

Not for immediate leaving but for the future retirement. Want to know opinion on the area pros, cons and pricing.
Reply With Quote Quick reply to this message

 
Old 06-26-2020, 12:35 PM
 
Location: State of Transition
102,076 posts, read 106,933,722 times
Reputation: 115838
You'll need info about the hydrology of the area (the climate here is getting warmer and drier, as a general trend; water recycling along the Rio Grande is already happening), study the water rights situation south of Albuquerque. Buying RE in NM, especially for use sometime off in the future, is all about water. What kind of water access are you allowed in Tierra Grande?

It can be a complex matter, OP. Make sure you'll have water rights, and try to get some projections forward in time, to try to foreseee how dependable the water supply will be, when you're planned retirement happens.
Reply With Quote Quick reply to this message
 
Old 06-26-2020, 05:14 PM
 
Location: New Mexico U.S.A.
26,527 posts, read 51,522,914 times
Reputation: 31320
Quote:
Originally Posted by tony20 View Post
Hello guys,


I am planning to purchase small piece of 5 acre land in Tierra grande, NM for $4000.

Not for immediate leaving but for the future retirement. Want to know opinion on the area pros, cons and pricing.
I believe you are talking about Tierra Grande Association

Building in Tierra Grande
Architectural Control Process/Policy

Quote:
In 2019 The State of New Mexico passed Senate Bill 150 related to Homeowner / Landowner / Planned Unit Associations; Amending Disclosure requirements; allowing alternative dispute resolution to resolve certain disagreements related to these Associations; adding a penalty and broadening the applicability of the Associations Act 497 passed by the State Senate in 2013.

To meet the obligations of the HOA Disclosure requirements the Tierra Grande Board of Directors, approved the following Policies. The enforcement of which the Board of Director’s and the Protective Covenants assign to the Architectural Control Committee.

ARCHITECTURAL CONTROL COMMITTEE (ACC)

BOARD APPROVED: April 17, 2020

INTRODUCTION / HISTORY: On August 31, 2005 the Third-Party Administrators assigned by Horizon Corporation, the original developer of Tierra Grande, relinquished its control over TGIA’s Architectural Control Committee (ACC).

The Tierra Grande Improvement Association is assigned the powers of administering and enforcing the covenants and restrictions contained in the Covenants. A Resolution by the Board of Directors reaffirming its authority and control over the Architectural Control Committee pursuant to Sections 11 and 12 of the Protective Covenants was filed with the Valencia County Clerk on March 3, 2018 and with the Socorro County Clerk on March 12, 2018.

Per the Protective Covenants, the Board of Directors created an Architectural Control Committee, composed of three (3) or more representatives appointed by the Board of Directors of Tierra Grande annually which, shall among other things, have the authority to give approvals. The Committee shall function in accord with the rules and regulations and by-laws for the Committee as established by the Board. The rules and regulations shall among other things insure the existence and continuity of the Architectural Control Committee.
You can read much more at their web site: https://tierragrande.org/
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:



Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > New Mexico
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top