Wednesday, July 1, 2009

Everyone is Looking for a Land Deal

And there are plenty of deals out there. But it is interesting, when you narrow your search down to location, type of home site (mountain, beach, etc.) size of home site, or if you are interested in a gated community or not, the choice really does narrow. So, if you can find discounted home sites in exactly the area you want in the type of community you want, with the amenities you would like to have, there all of a sudden is not that much too choose from.

If you are interested in a site for yourself and purchasing other lots in the community, there are some fabulous deals out there. The purchase of multiple home sites, as an investment and selecting one of those lots as the location for your dream home or vacation home seems to be an idea that is catching on. By purchasing 4 or 5 sites, or even more, the savings can be very significant.

When comparing home sites one needs to be careful to compare apples to apples. Just like any other product, they vary greatly, even though without research they may seem to be very similar. Mountain properties vary greatly. There is a big difference in purchasing lots in a gated community with utilities and paved roads from raw land that is difficult to get to. Access to important facilities and amenities is obviously important as is size, and home foot print restrictions. For instance the Ridges at Tellico Lake is offering up to 40% off on multiple lot purchases, thats saving up to $600,000. All utilities are in, roads paved, and the views and lake access are a major asset to these sites. 

The Ridges at Tellico Lake offer large estate size home sites, in a wooded preserve, with 50 mile vistas of the Great Smoky Mountains. For more information please visit www.theridgesattellicolake.com or call 1-877-Tenn-A-See (836-6273).

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