Located at the end of a culdesac this property provides excellent access for Trucks and is a very affordable development opportunity. Land purchased on a slop or in the foothills may to have unexpected ground movement which results in more costs for the house foundation. This can put raw-land purchases out of the reach of middle-class buyers – especially since land doesn’t generate any Income – it relies on development to bank a profit.
Guess what, so many of them either never get around to using the vacant land for the intended purpose, or they get tired of it over time. This can include a surveyor to identify any issues with the land, agriculture specialists to test the land’s potential for growing crops, or an attorney to ensure the land you’re considering has a title that is free and clear of encumbrances.
Parcels of land recommended for sale as a result of a master planning process or other department action. They compile information on the sale prices, features and amenities of the new homes being built in the area. With Costa Rica being just a three-hour flight away, and with land prices up to 70% cheaper than in Arizona – Costa Rican land prices are booming – and prices will continue to boom.
There are always owners that have their land listed that do not NEED to sell, so they just may sit tight until the market recovers, but not everyone has the luxury of being in that position. If you are looking to generate capital through the sale of owned properties or are looking to acquire commercial properties, turn to Hilco.
Land selling at absolute auction have been going for much less than in the past and developments such as The Summit On Bluff Mountain ran an extraordinary amount of advertising when they slashed their prices substantially (in some cases up to 50% off their original price) at the end of October.