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Land Investment as a Safe Haven

If you’re looking for a great place to invest your money and are sick and tired of the unknown swings of the stock market, than investing in land for sale just may be the right choice for you. There are many advantages to buying land and lots.

• Buying land is usually a bargain compared to buying developed real estate.
• Purchasing land offers flexibility for the buyer. Depending on area zoning, land can be used for multiple purposes.
• When you invest in land versus rental properties, you don’t have to devote time, money, and effort to the upkeep of property or attracting and keeping a steady stream of reliable renters.
• Returns on real estate investments in land can be significant if you do your homework and invest where the demand is high or will be high in the future. For instance, appreciation is almost guaranteed when land is purchased on the outskirts of a city in the path of development and held until the city “builds out.”
• The market for second homes and vacation homes is booming, and buying a lot or land is the first step to building a second home for investment, pleasure, or retirement. When new developments open, there are often good deals for early buyers who invest in lots before construction begins.

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Tuesday, February 17th, 2009 Land News