Survivalist Pro
Survivalist Pro
Photo: Karolina Grabowska
Paying cash for raw land is a great way to be competitive with your offer and save money in the long-term. An all-cash purchase certainly has its benefits – a quick closing, a seller more likely to accept your offer, and you don't have to wait on appraisers, attorneys, lenders, etc.
Try not to mix acidic fruits, such as grapefruits and strawberries, or sub-acidic foods such as apples, pomegranates and peaches, with sweet...
Read More »
An unexpected discovery made by an international team, examining the results of an EEG on an elderly patient, who died suddenly of a heart attack...
Read More »"Why, land is the only thing in the world worth workin’ for, worth fightin’ for, worth dyin’ for, because it’s the only thing that lasts." – Gerald O’Hara, Gone with the Wind Land – it’s one of only a few assets that holds value and appreciates over time. And while your investment grows, you can enjoy its benefits. Have you ever tried hunting, fishing or hiking on a stock certificate? The question isn’t, "SHOULD I buy land?" The real question is, "HOW do I buy land?" Paying cash for raw land is a great way to be competitive with your offer and save money in the long-term. An all-cash purchase certainly has its benefits – a quick closing, a seller more likely to accept your offer, and you don’t have to wait on appraisers, attorneys, lenders, etc. Plus, you will own the land free and clear. However, even if you have cash on hand to make the urchase, is that always the best idea? Here are three reasons why you should consider using financing: CASH IS KING – Maintain your liquidity - Purchasing land requires a HUGE capital investment. Once the cash is spent, you lose your ability to act quickly on future needs and investment opportunities. Liquidity is how quickly your assets can be converted to cash. Stocks and bonds can be sold quickly to generate cash: land is not as easy to liquidate in a hurry. - Purchasing land requires a HUGE capital investment. Once the cash is spent, you lose your ability to act quickly on future needs and investment opportunities. Liquidity is how quickly your assets can be converted to cash. Stocks and bonds can be sold quickly to generate cash: land is not as easy to liquidate in a hurry. Strike when the iron is hot – Conserve your buying power - What is your goal? If this is it – the only tract you will ever buy and you know it – using more cash could be the best option. However, if you are interested in purchasing additional tracts, consider financing to maintain liquidity. Land doesn’t sell often, so when it does you want to be ready to buy. The best way to invest wisely is to have the cash you need to pull the trigger quickly. Without liquidity, you could miss out on a good investment. - What is your goal? If this is it – the only tract you will ever buy and you know it – using more cash could be the best option. However, if you are interested in purchasing additional tracts, consider financing to maintain liquidity. Land doesn’t sell often, so when it does you want to be ready to buy. The best way to invest wisely is to have the cash you need to pull the trigger quickly. Without liquidity, you could miss out on a good investment. Feather your nest - Save cash for improvements - If your plan is to build a cabin, barn, pond or make other significant improvements on the land after your purchase, be careful not to spend all your cash on up front. Financing could make it easier for you to do more with your land because you have the cash on hand to do so. The most important thing to remember when considering whether to pay cash or finance is that each person and situation is different. Do what you are comfortable with and what will allow you to best achieve your investment goals. Dewey Newton is a Corporate Loan Officer of AgSouth Farm Credit, headquartered in Statesboro, Georgia.
These are humans' six basic needs in the 21st century Food. Food is the basic source of energy and one of the most immediate requirements for day...
Read More »
Using Personas to Focus Design So, they develop 'personas', fictional consumers and/or users derived from customer research. [2] They depict the...
Read More »Top 10 Freest Countries and Territories in the World - 2021 Human Freedom Index Denmark — 8.98. Estonia — 8.91. Ireland — 8.90. Finland — 8.85. Canada — 8.85. Australia — 8.84. Sweden — 8.83. Luxembourg — 8.80. More items...
Freedom is one of the most important factors influencing a person's everyday quality of life. In addition to making it easier to live one's life, human freedom recognizes individuals' dignity and is inherently valuable, playing a vital role in human progress. Despite this importance, determining which countries' citizens have the most freedom can be challenging to do so objectively. Fortunately, individual indices can be used to determine which countries have the highest level of human freedom.
3 feet away Keep your cell phone at least 3 feet away from your bed to limit radio frequency exposure. Turn your cell phone off before you go to...
Read More »
Living off the grid in the UK is entirely possible and is the perfect way to experience the true natural beauty that our little island has to...
Read More »
Top 10 Things to Pack in Your Rucksack First Aid Kit. The first and most important thing on our list is a first aid kit. ... Energy Food. Now we...
Read More »
The traditions of a quinceanera party go back centuries. Otherwise known as quince anos or quinces, is a valued tradition that celebrates a young...
Read More »
Promotion
Promotion
Promotion
Promotion