Think owning land would cost a fortune? Think again! While land prices on the extreme coasts motors upward, there are millions of parcels for sale throughout the USA that can fit into anyone's budget. There is probably a land deal that could make you a profit happening right under your nose right now. Time to wake up and seize the day!
A quick stroll along the MLS system in any state will reveal a plethora of land for sale. These parcels will be priced from as little as a couple thousand dollars on up to millions of dollars. However, this system only reveals one side of the coin. Flip it over to peer at the underside and a whole new world is revealed. Land is being sold for as little as one hundred dollars out there. The trick is finding this land for sale.
First, let's take a look at where you can find land to make a profit on.
Newspaper
Believe it or not, your average newspaper can be a super source for hunting down land bargains. The classifieds could hold your next big land score. Aside from straight land deals, you will find notices for auctions like Tax Lien sales here.
Websites
Finding a website with land for sale like MartinelliDevelopment.com is an easy task. You can find great land at super cash prices and generous financing options. A quick trip to your favorite search engine can yield a plethora of results. Here are some keywords to try:
1. Land
2. Land for Sale
3. Raw Land
4. Homesite
5. Home Site
6. Land Auction
7. Parcel of Land
As your search, you will come up with many more. You can buy great land at super prices without leaving your home.
Online Auctions
First, auctions that are offline can generally be found through your local paper. Online auction places like Ebay can be a good place to find deals. If you are not familiar with auctions, make sure you read over all the rules and commitments before bidding. You should have a set final price in mind and never go over it. The whole point of buying at an auction is to get a good deal.
What to look for.
So now that we have ways to find super deals on land and build our wealth, let's look at some things you want to look for in a piece of land.
Body of Water ? In general, a piece of land by water is more valuable because water is a common link between us all. You would be hard pressed to find someone who does not want land with water on it or by it. Unless the water is a hazard site, try to find parcels near it.
Proximity ? Land that is within a 2 hour drive of a major populous point can be valuable. This is a short drive for many and owning good relaxation land is a great idea. For example, if you had land by a lake and that lake was within 2 hours from a major city, it could be very valuable.
Utilities ? Not all land in America has all the common utilities available to it. Lots of raw land needs to have these brought into the parcel. Factors in price would include if the utilities are to the parcel already, if they are available, how far away they are, and so forth.
Remember, when buying land, think ahead. Just because the area looks quiet today does not mean it will be that way forever. The land you are on right now was vacant at one time and now look at it! You don't need to purchase land that is in Manhattan or the next hot spot to make lots of money. You could purchase parcels in the middle of nowhere and build wealth. For more on buying land, visit my website (JakeTruman.com).
Copyright 2005 JakeTruman.com
Jake Truman is a Real Estate & Stock investor and Credit informer. Website: Real Estate. He has published a book on Credit Help, which is available at his website JakeTruman.com.
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