Eco Friendly Real Estate Blog

What is the Return on Investment (ROI) potential for LAND?  Low Jewell, Land 101 Instructor thinks the answer is evident. Just look at  supply and demand. "There's only so much Land," says Lou. Conclusion:  Land has solid potential to produce gains of great magnitude. Certainly, some of the wealthiest people in history invested in Land, and won.

Land Investment Analysis. Although some Land Brokers (including myself) think of our practice as an art form, land brokerage also factors in analysis. Clients are encouraged to sit down with paper and pencil to  determine cash flow and outlay- from acquisition. and potential income (rental income and/or partial sales,) to the disposition of the property. Conservation tax benefits, and general tax advantages and implications are worth investigating. Understanding of the value of  transitional Land is important. And, just as in the residential real estate market, Land investment is about location.

Location, location, location. Consider the ROI potential of LAND in sought after regions. Take, for example areas like  Asheville NC, the "Happiest City in the USA." In Asheville, investors are looking for Land that promises sustainable development and walkable communities.Baby Boomers are choosing Asheville for these qualities.

Rapid Growth. Smart Growth.  Think about demographics and growth patterns/choices. Smart Growth for land water efficiency affecting animals, crops, and timber, renewable and alternative energy , and goals and methods and practices of sustainable development.

As a Land Broker, I am appreciative of what site analyses do for buyers, sellers and for me.Combined with the building site's overall ecological patterns a site analyses provides essential information that helps all of us make wise choices.

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(*)/'(*)    ..........      ............Asheville NC Real Estate:     LAND in  Asheville.  Going Green  and Eco-Friendly Properties. Expert Tools for Sellers and Buyers of  Mountain Homes and Land Legacies. "On the roll for  sustainable  innovation."  © 2010. Asheville NC Real Estate     Unauthorized reproduction of any information on this site is a violation of existing copyright laws. All rights reserved.

Anatomy of the Sale of Mountain Land For Sale by Owner- Going Green
Asheville Mountain Properties NC 2010

 Selling and buying Land is different that selling and buying residential property. For one thing, there is a whole list of discoveries during the due diligence period that takes place outside the realm of the residential sale. And there are tasks that do not resemble the tasks of the residential broker.  

Real Case Scenario- Land for Sale by Owner- The Survey-  

The seller has a very old survey.  We recommend a new one. We devote our time and attention to emailing and  calling all the surveyors on our list. No luck. Don't connect with a one. Leave messages. Hope for a return call. If not, we will start all over tomorrow. 

Discovered in conversation with the seller that the surveyor who did the original survey on the land for sale by owner tract may still be around,  although it is thirty (30) years since he did the survey.  About ten (10) years ago he told everyone he was going to retire. Now our task is to see if we can unearth him (not literally!). ( just a little land specialist's humor)

In the meantime, I'll run out to Madison County  (it is an hour-of-so drive from my appointment in the south-end of town)  to see if we can track down a good clean copy of the survey to overnight to our investor. 

NOTE: By contrast, I took this photo on land for sale by owner where a current survey IS in place.(A plus for all concerned.)  Creston Preserve is an eco-friendly development on over 1,000 acres, with hiking trails. The trail seen here leads to the area seen in a video on a prior post  and "live action-of the life and times of a land specialist" Here's a link to the VIDEO of land for sale by owner.

As Land Specialists,we make it a point to get to know folks in the real estate related offices in the county offices in our region. Over the years, they have come to see that we are serious land lovers and professionals and they respect our willingness to"go the extra mile."  We expect and enjoy the excellent cooperation of our colleagues, and hope for some good luck in locating the  survey...if it didn't get lost ... 

but getting a new or updated survey us by the end of February, that could be a close one. 

Stay Tuned...and let me hear from you....

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(*)/'(*)    ..........      ............LAND in  Asheville . Going Green Properties. Expert Tools for Sellers and Buyers of  Mountain Homes and Land Legacies. "On the roll for  sustainable  innovation." See also our Mountain Homes and Land blog. Mountain Land For Sale by Owner.  Copyright © 2010. All Rights Reserved  Asheville NC Real Estate Journal.

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