| Advantages of Land Banking |
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Land Banking is Smart, Simple and Secure. If you follow the definition of Land Banking as the strategy of acquiring pre-developed land in the growth path of a major metropolitan area, and holding (or banking it) to sell for significant profit in the future, your risk is very low and your potential for return has been historically very high. The risk is very low, because you receive a grant deed, fee simple title with insurance when you purchase a parcel of land for Land Banking. Green4Wealth recommends only purchasing land with cash or self-directed retirement, HSA or educational funds. Borrowing money for to purchase land is not Land Banking—it then becomes “Land Speculating”. The key words to yielding high returns are “acquiring pre-developed land”. Pre-developed land is:
At LandDiva we recommend Land Banking as long-term appreciation strategy for individuals that have both a sufficient income to sustain their current lifestyle and can wait at least five, and preferably ten year, to reap the benefits of Land Banking. This is why Land Banking is ideal for planning your retirement, saving for a college education, or building a legacy. We have all heard the saying that “most millionaires in America made their fortune in real estate”. That is a partially correct statement— the truth is that most multi-millionaires actually made it by Land Banking. Land Banking has been used effectively for hundreds of years to protect and build family wealth. This wealth building strategy has been used because Land Banking has and continues to be basically immune to economic cycles. While the value of both residential and commercial properties have been hit hard over the past couple of years, properly selected pre-developed land has remained steadfast and in most cases increasing in value. To find out where we recommend to Land Bank, contact one of our representatives today. |
