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.