Realtors, get ready to supply Boomers with land parcels.
What does that mean to us who are land professionals?
What type of land parcels are they looking for? Boomers are buying as small as a half acre to hundreds of acres. It is time for those who represent land to get ready for this influx of activity. Right now some are at your doorstep determining whether you are the person to work with.
The best part is that since the farm is not the primary source of income, crop disasters do not affect the farm status or income base. Of course there are also people recreational land who buy KY farms for sale as a weekend retreat. Country living can be an escape from the stress of living in an overcrowded city.
There are plenty of places nice places countrywide to get your home away from the crowds if you want to buy a piece of land to build your home or ranch you can begin by searching on the internet for the terms: land for sale in Colorado or land for sale in Arizona, etc..
Know the area that you are going to buy the assets. Ensure that you are able to pay the asking price in the area. In addition look out for the nearest entertainment spots and venues. Some of these features also increase the land value for the area. To get a cheaper price quote you can look for land that is slightly further away from the joints.
The other place to look is in the newspaper. You’ll find that the bigger the city, the easier it is to find a note. Not everyone advertises their need to sell, but look for people trying to sell land contracts or seller financed sales opportunities. Contact these people and offer them your business. Other people to talk to are CPAs, attorneys, mortgage brokers, and realtors, as they may know people who are wanting to sell mortgage notes.