Buying Land Today, Still a Great Investment

Buying Land Today, Still a Great Investment
Bucking the Trend and Purchasing Large Homesites

With the real estate market slowdown and the stock market as volatile as ever, many experts’ advise is to invest in land. With a land purchase, your real estate investment is obviously smaller than investing in a home/land package, plus your purchase provides more flexibility.
The real estate market will change, it always does. It will go from the buyer’s market it is today to a seller’s market, so the equity in your land purchase, by just holding on to it, will build into a nice profit.
The developers of The Ridges at Tellico Lake, a gated community in the Tennessee Smoky Mountains are offering an interesting investment opportunity. Purchase your homesite today, with no money down, three years interest only and you don’t have to build until 2013. The advantage to not having to build for 5 years is that within that period of course the market will change, and you can resell your property whenever you wish within that period of time. Of course, if you fall in love with this Smoky Mountain getaway you have the option of building a gorgeous new home. It’s a win- win program.
These are not small ¼ acre homesites. They range in size up to 3 acres and can feature incredible 50 mile mountain vistas.
Not only will the value of the land go up due to the turn in the market, but with other homesites sales and luxury homes being built in the community your investment can grow significantly.
Land investment historically has a low risk factor and a high yield on return.
For more information regarding purchasing a homesite at The Ridges at Tellico Lake visit http://theridgesattellicolake.comor call 239-253-2332.

How Are Log Homes Built Today?

If your vision of a log home is the usual depiction of Abraham Lincoln's boyhood home, or the label illustration on a famous pancake syrup bottle, then wait until you see what today's log home builders are up to. With technological advances in craftsmanship and building materials, and meeting the needs and demands of the marketplace, log homes today look nothing like their great ancestors. The log home industry has grown rapidly as consumers discover their advantages and flexibility, plus every creature comfort they desire can be incorporated into a magnificent luxury log home.

In addition log homes are among the most energy efficient housing styles on the market. A log home is more than 30% more efficient than any other form of home construction, according to a U.S Government agency report. Today's log homes are airtight and weather resistant, and with the log's ability to absorb and slowly release heat, the weather does not enter the home, keeping it comfortable and using less energy to maintain temperature control than wood frame homes.

The new log home is not necessarily just a log home anymore. There are many ways today's builders are constructing their log homes. Many builders are calling them "Hybrids".

A new gated community in the Smoky Mountains of Tennessee, The Ridges at Tellico Lake will be an exclusive log and timber home community. The homes are hybrids, a combination of materials that allow for much more design flexibilty and beauty for the homeowner. Utilizing customized timber frame trusses with milled log walls, and stone for architectural accents these homes can range in size up to 5,000 square feet of luxury living space. After the buyer selects his Smoky Mountain homesite, they will select their builder, which will be approved by the design board, The home will be customized to meet every need of the homebuyer, just as they would if it were of wood frame construction.

For more information about The Ridges at Tellico Lake visit www.theridgesattellicolake.com
or call 239-253-2332.

Florida Halfbacks Heading to the Great Smoky Mountains

In years passed, a "halfback"meant something much different than it does today. During pro football's golden era of the fifties and sixties, we had our share of halfback heroes, Frank Gifford, Paul Hornung, Lenny Moore and Gale Sayers. They glorified the position with spectacular, galloping runs across the gridiron with a combination of speed and grace.

Now that the word "halfback", along with "flanker" and other now nostalgic phrases from a bygone era are no longer part of the football lexicon, halfback has taken on a new meaning. Today, halfback describes a new real estate trend. A Florida halfback is someone who years ago relocated to Florida to escape the cold harsh winters of Michigan, Minnesota, New Jersey and many other of our wintry northern states. Now, for various reasons, they have made the decision to leave Florida, but are not willing to go all the back and experience freezing temperatures again, but go halfway back, to the mountains of Tennessee, North Carolina and Georgia, where the winters are mild and the opportunities abundant. This is why they are called "Florida Halfbacks".

The developers of The Ridges at Tellico Lake, a new gated community in the Tennessee Smoky Mountains believe that over half of their residents will be "Halfbacks" from Florida. Why are they leaving Florida and heading halfway back? There are many reasons. Some choose to live seasonally in the mountain areas, avoiding the summer heat in Florida. The summers are much more comfortable in these mountain regions, so many are choosing the mountain lifestyle as a summer retreat. The majority of the halfbacks however are searching for a long term alternative to the Florida lifestyle they sought in years past. So why the move for these Florida Halfbacks?

A slower real estate market, high property tax and insurance rates are a key reason. The summer heat of course and concern over hurricanes is another factor. Many are getting more home for the money. Many areas in Florida have seen property values increase at a phenomenal rate over the past 20 years, pushing prices up and value down. Plus, one of the most significant reasons many people came down to Florida originally was to escape the hustle and bustle of city life. With Florida's rapid growth in population and industry, halfbacks are finding in the Smoky and Blue Ridge Mountains the quiet lifestlye they once enjoyed in Florida. There are new employment opportunities in many of these mountain areas and many opportunities to invest in gorgeous mountain properties with exquisite mountain views.

New mountain communities, like The Ridges at Tellico Lake are offering homesties up to 3 acres in size, which is also attractive to the halfback who feels the need for more space, as Florida continues to grow and large homesites are becoming a thing of the past.

For more information about The Ridges at Tellico Lake, please visit www.theridgesattellicolake.com or call 239-253-2332.