Ten reasons why you should buy land in the USA
Buying cheap land is one of the best investments any investor can make. It is a safe option for anyone looking to make profit in the near future.
What you see is what you get
Apart from places like Dubai, there is no more land being produced. Land is what it is, which is why it is such a good investment. As populations grow and move around, so the demand for this commodity increases.
Easy purchase
The process involved with buying real estate USA is very simple. Basically, a buyer finds a property and with the help of an agent an agreement can be made that satisfies all parties involved. The contracts and covenants are gone over, a survey carried out of the land, and a title search completed. The sale can then be closed.
More to land than meets the eye
When an investor decides to buy land a wealth of opportunities becomes open to them. For example, some properties are planted in timber, which can be used for financial gain. On a cleared piece of land there are even more possibilities; it could be used for agricultural purposes, for example to plant crops or raise cattle. Alternatively, it could be used to build a holiday home or some other form of property.
A tangible asset
What land offers that stocks and bonds simply cannot is tangibility. It is also one of the safer forms of investment, being extremely stable, especially in the present economic climate.
It can be lucrative
Common returns for land tend to be in the region of 200 to 500 per cent, if not higher. Land is recognised as being one of the most lucrative forms of investment. Many people are put off purchasing it, as they believe it to be too expensive. However, there is a lot of cheap land for sale in the USA. An investor might opt to buy only a small tract of land and then add a profitable commodity onto it.
Money management
Having land allows the buyer to cut out the middleman when it comes to their finances. With a land investment they can do as much or as little as they want to it. Land is able to maintain itself, to a large extent, while continuing to increase in value.
Land values security
Compared to stocks and property, land values are basically consistent. This is because the investment has security in the property's value. In turn, the value of the land is secured by the properties surrounding it.
Massive expansions
Markets for real estate in Florida and other US states have recently seen a large number of foreclosures. Land, on the other hand, has seen massive increases in value and it is predicted that this growth will continue.
Present population boom
As the world's population continues to grow, so will the demand for property. This will, in turn, increase the value of property. Land, therefore, guarantees growth.
Retirement boom
Within the US it is estimated that every week, for around the next two decades, approximately 10,000 baby boomers will retire. Real estate in Florida is very attractive for retirees, making it an attractive property investment for many.