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Real Estate Information |
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Buying Land Online
In the old days people generally only bought land and improved Real Estate in the areas in which they lived or traveled often. Today, thanks to the blossoming of the Internet, one can purchase land all over the United States from the comfort of home. While there are some cautionary measures to be taken, the profits that can be realized are immeasurable. Why land? Unlike improved Real Estate (IE a house on land), raw land can be purchased for much less. When you see homes appreciate, what do you think is appreciating? Is it the decaying materials used to build the home? Is it the look of the home? In fact, the large part of the increase is because the raw land the home sits on has went up in value, which is normally due to demand. Buying a home can be a very stressful situation. For many, this is not even an option because of large down payments needed and/or credit and employment issues. It is extremely common for raw land to be bought and sold on owner financing. If you look around, you will see millions of acres of land up for sale daily where the potential buyer simply needs to say yes and start making payments. Land comes in all sizes, locations, and prices. You do not need to be a rich mogul to get started building your land portfolio. In fact, if you have a couple dollars to your name via cash or credit, you can start right now. It's all about profit! Every single day of the year land is being sold at wholesale prices on the Internet. The Internet has made it easy for owners of land to sell their parcels and many offer their land under retail value for a quick sale. The Internet is also full of sellers who own land and don't know the real value of their land. I have seen parcels being sold for as little as 20% of their real worth! By purchasing land online you can gain land at wholesale prices thus gaining instant equity. Additionally, you can have enough room to sell that land at a discount to another party and still make money. Cash is king, so the more you have, the better deals you will get. However, even if you have little cash, you can still get super deals on land with owner financing. What to look out for. As with anything in life, there are some risks associated with buying land online. However, you can reduce or practically eliminate your risk by doing some common things. First, make sure the seller is going to issue you a WARRANTY DEED on the land you are going to by. Do not accept a quick claim deed. Ask your seller if the title has any liens, judgments, or back taxes. Sometimes the answer is yes. This is not a bad thing though. Simply figure in the amount owed into the purchase price. Many times a seller will lower the price of the land to move it before more penalties are assessed. Many times sellers won't have pictures of the actual lot for sale, but the general area. This normally happens with parcels that are cheaper because the seller might not live in the area and it is not financially viable to travel there to take a picture. When this is the case, make sure the place exists first and then do some research on the area. For example, go to a search engine and type in the county, city, subdivision, or other data that is identifiable like a lake. Finally, ask the seller what the taxes and HOA fees, if applicable, are. There are many places online with land for sale like MartinelliDevelopment.com, who offers land with guaranteed approval on financing. If you decide to try the auction route, Ebay.com is a good start. Most of the land sold here is cash only. Buying land online is a great way to make money and build a solid land portfolio for future wealth. 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.
MORE RESOURCES: Paul Simon's Daughter Blasts Richard Gere for Selling Her Childhood Home to Real Estate Developer Rolling Stone Real estate investors are purchasing more U.S. homes as high prices lock out would-be buyers CBS News BlackRock to buy real estate firm with $7.3 billion in assets Crain's Cleveland Business Milestones: Massive data share to benefit 300k MLS members Real Estate News by RealEstateNews.com Real Estate Transactions, July 7 edition Hopkinton Independent Delistings Surge Nearly 50% as Sellers Who Can't Get Their Price Quit the Market in Frustration Realtor.com Nashville man, 22, makes up to $90K/month day trading — now he tells Ramsey Show he’s ready to try real estate Yahoo Finance Midwest market leader elevates brokerage head as CEO steps down Real Estate News by RealEstateNews.com Bard College receives real estate portfolio valued at $50 million Philanthropy News Digest JM Electrical Promotes Craig Chisholm to Chief Financial Officer Boston Real Estate Times Real Estate Transactions | June 23-27, 2025 Republic-Times Hunneman Secures Financing for Historic Multifamily Redevelopment in Downtown Lowell Boston Real Estate Times Is the surge in delistings good news for buyers? Real Estate News by RealEstateNews.com Boston Office Market Sees Momentum with Leasing Gains and Pre-Leasing Surge, JLL Report Shows Boston Real Estate Times Tampa real estate investment firm under investigation for potential deceptive practices Florida Politics Corporate titans finalize three real estate deals Nashville Post Questex acquires two in the operational real estate sector hotelmanagement.net Where are home prices falling most in America? This SWFL community made top of the list Naples Daily News Lebanon County real estate transfers, sponsored by Reliable Moving and Storage (June 16 to June 30) LebTown Report Forecasts Alexandria Real Estate Market Alexandria Living Magazine Friedman Real Estate closes sale of 28,640-square-foot industrial property in Farmington Hills REJournals 10 Steps for Picking a Hot Real Estate Market for Investment in 2025 Norada Real Estate Investments Trumbull County Real Estate Sales: $200K+, July 2025 Business Journal Daily 'Married To Real Estate' Canceled After Four Seasons On HGTV, Say Hosts Egypt Sherrod & Mike Jackson Deadline Looking for a castle near the beach? St. Augustine's historic Pillars Castle is up for sale St. Augustine Record Triten Real Estate Partners, Angelo Gordon Seal $150M Refi for IOS Portfolio Commercial Observer Historic Villa Calafia Estate Lists for $18.5 Million Galerie Magazine Institutional Real Estate, Inc. Appoints Doris Holinaty as Managing Director – Global Markets Business Wire Mortgage Rates Today: The States Offering Lowest Rates – July 8, 2025 Norada Real Estate Investments Residential Real Estate Markets Show Resilience in 2025 The Ritz Herald Layne’s Chicken Fingers Opening in Leander This September 1851 Franchise Using 3D Printing in Fire Prone Areas U.S. News Real Estate Interest Rates Forecast for 2 Years by Goldman Sachs: 2025-2026 Norada Real Estate Investments Local real estate incubator seeking next group of budding developers The Business Journals Take a look around the historic Pillars Castle in St. Augustine, which is on the market St. Augustine Record Home for Sale RiverBender.com Business Strategy: OKC’s outperforming real estate market The Journal Record Clean exits, real reporting: what family offices now want from real estate, highlights Ramashrya Yadav of The Economic Times Trump on past presidents: Ike was 'underrated,' FDR 'amazing,' Polk 'sort of a real-estate guy' AJC.com Mountain View sees lowest property value growth in Santa Clara County Mountain View Voice Christie’s International @properties Lone Star Adds Real Estate Powerhouse Amid Rapid North Texas Expansion CandysDirt.com Detroit sues blockchain real estate firm that owns rentals with hundreds of violations Detroit Free Press Canopy Real Estate Partners Acquires Retail Center in Metro Denver for $15.8 Million Shopping Center Business Minnwest Bank sells former Madison Equities apartment building in downtown St. Paul The Business Journals BlackRock to acquire ElmTree Funds in strategic real estate move Alternatives Watch Apollo Commercial Real Estate Q2 2025 Earnings Release Date Set for July 29 | ARI Stock News Stock Titan Tampa real estate investors investigated for alleged Ponzi scheme The Business Journals |
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