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Land for Sale
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 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.
MORE RESOURCES: More than 40 states signed onto a proposed $25-billion deal with major mortgage servicers over faulty foreclosure practices. New York, Nevada and Delaware joined California in holding out for better terms. More than 40 states signed onto a proposed $25-billion settlement with major mortgage servicers over faulty foreclosure procedures, but California, New York and other key states were still not among them. California has until Monday to share in a multi-state deal with banks to obtain mortgage relief and reforms. Atty. Gen. Kamala Harris, who walked away from talks last year, says the door remains open. With a Monday deadline at hand, California officials have resumed direct talks with the Obama administration about joining a multibillion-dollar, multi-state mortgage settlement with the nation's largest banks, a source said Sunday. The talk show host pays $12 million for the 4,088-square-foot house with four bedrooms and four bathrooms. The ocean-view home sits on 1.26 bluff-top acres with beach access. In one of the more talked-about transactions in town, actors Brad Pitt and Angelina Jolie have sold their Malibu beach house to daytime host and comedian Ellen De Generes for $12 million. The four-bedroom, five-bathroom house built in 1920 for industrialist James Wigmore lists for $2,875,000. A decorative cast stone entrance opens to this restored Spanish Colonial Revival-style house in Pasadena's South Orange Grove area. Built in 1920 for industrialist James Wigmore, the house retains such original details as coffered wood ceilings and arched doorways. They don't believe they can sell their property for what it's worth, so they're spending money on making their homes more comfortable. Do you fit any of these descriptions? A biennial research report by the National Assn. of Realtors indicates that a handful of real estate agents and brokers and their clients either don't know the law or don't care to follow it. When it comes to lawsuits, real estate agents and brokers tangle mostly among themselves. The president aims to help about 3.5 million people with good credit who are unable to refinance at historically low rates because their homes are worth less than their mortgages. The White House hopes to help millions of homeowners lower their monthly mortgage bill with a $5 billion to $10 billion plan to set up a streamlined refinancing program for people who are current on their payments.
The Standard & Poor's/Case-Shiller index of 20 large U.S. cities fell 1.3% in November from October as foreclosures continue to drag down the housing market. Three straight months of home-price declines in the biggest U.S. cities showed that foreclosures remain a significant drag on a housing market that is entering its fifth year of deterioration. L.A. Clipper Chris Paul may be quick down the court, but he moves pretty fast when it comes to buying multimillion-dollar real estate too.
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