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As more resources are poured into rural areas and people are nearing retirement, rural real estate ownership becomes more and more popular. There are several locations where people can buy real estate in rural areas, and Cheap Land in America is here to make the process easier. Services Provided Cheap Land in America specializes in finding rural real estate and property for cheap. When land is purchased for cheap, investors rarely lose, because the property only tends to increase in value. Clients are urged to buy land cheap, because the property is relatively easy to maintain, and the property taxes are typically low. In general, rural real estate prices are so low that the property can only increase in value. Cheap Land in America helps people find buy land in Wyoming, Texas, South Dakota and Oklahoma with no credit checks and guaranteed seller financing. The company has been providing this service for nearly 40 years. If you would like to buy land in a rural area, then these professionals can assist you. The “Law of Per-Acre Pricing” The “Law of Per-Acre Pricing” is an important concept to understand for those that are seeking to buy land in rural areas. With this rule, the larger the tract of area becomes during a purchase, the smaller the price per acre charge will be. The smaller the tract of land, the higher the per-acre charge becomes. For instance, a 2000 acre property may sell for $200 per acre. This property may be broken into 500 acre tracts and sold for $400 per acre. These 500 acre properties may be sold into 50 acre tracts and sold for $800 per acre. In these scenarios, the 500 acre property will sell for a higher price per-acre price than the 2000 acre property. Experts recommend this strategy for accumulating wealth. However, it requires good business judgment and financial acumen. Examples of Transactions Example 1. There are 640 acres of real estate for sale in Wyoming for $195 per acre. The entire lot may be purchased for $124,800 with $4,800 down and a balance of $120,000 payable over 240 months at 9% interest. The monthly assessment is $1,080 per month, and there are no prepayment penalties. The property taxes on this property may be as low as $300 or less annually. The land is undeveloped. Therefore, it will require more investment if you desire to develop the land. In this state, the mineral rights are owned by the company, but the owner will be compensated if any oil wells were drilled. Example 2. A 160 acre property is being sold for $248 per acre in Wyoming. The total price is $39,680 with $780 down and a balance of $38,900 payable at $389 per month. This would be amortized over 186 months with 9% interest. This is a private property that the general public cannot legally access without permission. The property taxes on this property are only $95 annually. Experts are expecting mass inflation at some point in the future, which would increase the value of the property. This is an incredible opportunity that clients would not want to pass up. The property is currently zoned as agricultural. Any future oil drilling on the client’s property will result in compensation by the oil company. Where Else Can I Buy Land Cheap? South Dakota is one of the five states with the lowest priced land for sale. Nevada, Texas, Wyoming and New Mexico also has fairly inexpensive land as well. South Dakota, Texas and Wyoming are known for having the best subdivision regulations, the widest property demand and low prices. In areas, such as South Dakota, motorcycle riders are common, as well as, the gambling. As oil prices sky rocket, motorcycles are becoming more attractive because of the amount of money that is saved on gas daily. Many of the properties are located near Black Hills and Mount Rushmore. Mount Rushmore attracts nearly 2.5 million visitors per year. For more information regarding opportunities to buy land at great values and more, please visit MyReviewsNow.net Shop At Home.
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