Why Buying Empty Cape Coral Lots For Sale Boosts Your Home’s Potential

December 2, 2014 by: Kevin Page

It’s ironic that buying vacant Cape Coral lots for sale somehow requires more spadework than purchasing a pre-existing structure. Demand Media’s Steve Lander writes about how empty lots can become chock-full of investment opportunities, in his article for Global Post: The extra work that you have to put into vacant land to turn it into a livable property is well worth the effort. By buying a piece of vacant land, you get control over where your house will go even if you aren’t ready to build. When you are ready to improve your land, you can improve it in the exact manner you desire, which should give you a better home and save you money. Buy low and sell high An empty lot would definitely cost less than one that isn’t. Forward-thinking buyers select a location they would like to settle or invest in, then buy now while prices are low, direct from owners or through accredited businesses like Cape Coral Lots. This gives them the option to sell later on once the property appreciates, or the opportunity to live there. Just be aware of any zoning rules before you close the deal. Income potential Your new patch of land could actually pay for itself while you hold on to it. Being the landowner, you are entitled to use whatever resources are sitting on your property. For instance, if the lot is wooded and you have no use for the timber, you could sell the rights to harvest it. You could also lease the land to farmers for planting, if it doesn’t violate any zoning or homeowner association rules. Once you’re ready to build on the property, the lease can be cancelled. Best positioning Owners who choose to settle down on lots for sale in Cape Coral have the luxury of building their home exactly the way they want it, instead of spending money to remodel an existing home. They’ll be able to choose the best position for certain rooms in relation to the sunlight and ocean conditions. It’s definitely more work than remodeling, but it’ll all be worth it once you’re all settled in a house that suits your needs to perfection. (Source: “The Advantages of Buying Vacant Land”, The Legal...

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The Timeless Value of Investing in Cape Coral Waterfront Real Estate

November 9, 2014 by: Kevin Page

Spending a few days at a nice place near the coast is always a wonderful prospect. Now imagine owning that place and having access to it all year round. And now, imagine this scenario: You do not only own that nice place, but it’s earning money for you, too. Few would turn down such an opportunity, and many have found it in the form of waterfront lots.   Whether it’s near the ocean, lake, or even a river, waterfront properties have stayed as prime options throughout the years. Writing for NuWire Investor, Ryan Tomlinson listed down some of the main reasons that make these estates high-value investments: There are a myriad of motives why investors buy coastal real estate, but the main one is that they expect it to increase in value. Although there are market fluctuations and prices may go down from time to time, waterfront proprieties remain profitable investments. Aventure in landed propriety must be made with long-term increases in mind. Real estate can be let out on a short-term basis too. For instance, a chic beachfront condo may be leased annually, while a waterfront apartment can be rented as a seasonal vacation residence. Hence, the investor will obtain rental income from the property and he will also be able to spend relaxing holidays there. Turning a profit from waterfront real estate has everything to do with the location of the property. Being near the water, these places enjoy excellent climate for almost the whole year. The presence of lush flora is a common feature, and some areas are surrounded by forests that provide fresh air, natural shade, and a gorgeous backdrop to the clear waters near the property. In addition, prospective residents won’t run out of recreational activities from fishing, hiking, boating, or just simply spending time lounging on the beach. More importantly, a waterfront location offers a complete change from the rush of urban life, replacing noisy and dirty streets with a tranquil atmosphere and beautiful scenery. Florida has these qualities in abundance, making Cape Coral waterfront real estate for sale some of the best places to invest in. With the help of real estate brokers such as Cape Coral Lots, the process of finding the perfect place to purchase is made simpler and significantly less stressful for prospective buyers. The real estate market can be challenging, but the special qualities of waterfront lots make buying them an easy decision to make. Their lovely natural surroundings, consistently high market values, and the chance to enjoy a beautiful vacation place all make Cape Coral waterfront real estate parcels investments that will only get more valuable as the years pass. (Source: How to Turn a Profit Investing in Waterfront Property, NuWire...

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Sizzling Sales: Tips for Purchasing Cape Coral Lots for Sale Quickly

October 9, 2014 by:

Are you planning to purchase real estate anytime soon? If so, be prepared for high-paced action for the duration of your search. With the U.S. recovering from the 2008 recession, more and more people are willing to get into owning property once again instead of renting. This means that you’ll face stiff competition for real estate in prime locations. In competitive real estate markets, speed is the name of the game. To be able to land the property you want, here are a few tips to remember when looking for Cape Coral lots for sale: Just Go and Look Simply put, the best time to search the real estate market is when you know you’ll be staying put for a long time and have saved up enough money to purchase a home or lot. Trying to “time the market” can be a decision that backfires on you and cause you to lose property that you really want. Mortgage Pre-approval In most cases, people require financing to purchase real estate. If this is true for you, be sure to visit your lender and get pre-approved before looking at lots. Being pre-approved for a loan shows sellers that your finances are in order and that you are ready to buy as soon as an agreement has been reached. This is especially important if you plan to construct a home in the near future. Your lender will want to factor this alongside your pre-approval. Pay in Cash There are numerous reasons why a seller decides to sell his or her property. Usually, however, money plays a huge factor. This is why sellers prefer cash payments as they get their hands on money faster. It seems as if people have caught on as a report from The News-Press indicates that Florida leads the nation in cash sales, with Cape Coral-Fort Myers leading the way: Cape Coral-Fort Myers had the highest share of cash sales in the nation at 61.2 percent in June, according to a report released Tuesday by Irvine, Calif.-based financial data company CoreLogic.   Nationally, cash sales made up 33 percent of home sales in June, the lowest share since September 2008, according to the report.   Florida had the largest share of any state at 50.9 percent, followed by Alabama (48.1 percent), New York (44.6 percent), Kentucky (40.1 percent) and Nevada (40 percent).  Lastly, try to work with a brokerage, like Cape Coral Lots, that has experience in dealing with lots for sale in Cape Coral. A trusted broker can effectively save you time by suggesting lots that match your wants and needs, keeping you one step ahead of other buyers.   (Source: Cape Coral-Fort Myers leads nation in cash home sales; The News-Press; September 9,...

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Tips for Selling Cape Coral Real Estate

October 8, 2014 by:

It is no secret that real estate is one of the more popular investments people choose in order to get their money’s worth in the long-term. If you have several parcels of land and are considering cashing in on one of them, you’re in luck. There is a lot of demand for real estate in Florida, particularly from Canadians. The Financial Post reports: … Canadians spent $2.2-billion on Florida real estate last year, easily making them the Sunshine State’s No. 1 international buyer of real estate.   Canadians — most of them paying cash — were behind 31.6% of all international transactions, according to a report Tuesday by the National Association of Realtors for Florida.   There’s no country that even comes close to Canada when it comes to buying, with No. 2 United Kingdom accounting for 7% of all international purchases. Canada has been number one for seven straight years, cooling on Florida real estate after a 2011 peak but rebounding since.    Cape Coral did well as 10 percent of Canadian buyers bought property in the area. With warm weather throughout the year, it isn’t very difficult to see why the demand is so high—and this is something you can take advantage of. If you’re ready to sell some of your lots, here are a few tips to help make the process easier for both you and the buyer: Ready Your Documents It’s common sense to provide your Cape Coral, FL real estate agent with a copy of the title and land survey maps. However, you should also present a copy of your tax receipts. Don’t forget that real estate agents need to present these documents to prospective buyers, and that no one wants to buy a tax delinquent lot. If your land has a building permit, be sure to give a copy to your agent as well. Ask Your Neighbors In many cases, your neighbors make an ideal buyer. After all, they are already familiar with the lot and its boundaries. If they are looking to expand the size of their property or simply want to invest in land, they are more likely to pounce at the chance to purchase real estate so close to home. Work with a Pro It may seem similar at first, but selling a home is different from selling a lot. Find a Cape Coral real estate service, like Cape Coral Lots, that has experience in selling lots. These professionals are well-versed in the differences in marketing techniques, increasing your lot’s exposure, as well as your chances at selling the lot quickly.     (Source: Foreign buyers taking over — this time it’s Canadians in Florida; The Financial Post; September 9,...

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