Hesperia Land Part 1

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Victorville Hot Air Balloon Rides

Investing in land

Here you are going to learn
About investing in Hesperia land. One of the most misunderstood investments is Hesperia land. Many people have lost money in land, but others have also made millions. If you had owned the land under South Coast Plaza in Irvine Southern California, today you would be worth millions. Opportunities still exist today in Hesperia.
Hesperia Land Buyers
Buying Hesperia land is simple, but one mistake can become a poor investment. For example, vacant land can have several unforeseen problems. In the high desert, we have yucca trees which are protected by law. Special permits are required to move them and only by a yucca tree specialist, even if the yucca trees are dead. A costly simple oversight.

Watch out for
Sources offering foreclosures, tax sales, auctions and bankruptcies. Many of these properties have hidden problems. So you could be buying someone's problem. Before wasting a lot of time, you need to answer one question. Why did the owner loose the property? From experience, Cathy Anne can tell you that most of the good properties are gone before you ever see them. That's why the "so-called experts" make their money selling books and foreclosure lists.

What is a Land Contract?
Some people sell land using LAND CONTRACTS. Land contracts are usually used to finance land sales. Key issues to know: 1) A Land contract is another way of financing property without using a deed of trust. 2) Land contracts gives the note holder (property owner) more security because the owner can retain title until the note is paid in full. 3) In a land contract since the buyer does not a deed, the buyer has some limited use to the Hesperia land. 4) Land contracts can be written vague, so the buyers should understand the terms in detail..

Misconceptions about Hesperia Land
More people have been financially successful in Hesperia real estate than any other investment. So why do people shy away from investing in Hesperia land? There are several reasons, but the major reason is lack of knowledge. Most people have been sold that if you buy this land today, it will be worth millions tomorrow. This is called speculating. Speculating is buy today and HOPING the value will increase someday.

Real Estate investment books
Tell us that real estate will increase in value over time, so speculating in Hesperia land should make us money. NOT ALWAYS TRUE! Speculating is the #1 reason why people buy land and are disappointed. Most people know someone who bought land years ago and these people are still waiting. Speculating has given Investing In Hesperia Land a bad name.

Before you buy Hesperia land
You have to have a strategy, a plan of when you will sell. Your plan needs to define your target buyer (Commercial, Industrial Development, Retail Stores, Manufacturing, Office/Warehouse Facilities, Business Park, Airport Complex, Residential), all cost, zoning and demographics so that you can determine your purchase price. Always remember, the money is made in the buy and not the sale. The sale is the payoff for making the right buy. This is called investing, not speculating.

First-Time Land Buyers Read This
If your thinking about buying Hesperia land, building a home and then selling it for a profit, consider this... You're too late... We already have numerous homebuilders that have many years of experience in this business. If you have never built a home and sold it, how can you compete against the experts? These builders know all the in's-&-out's of the business. As a new business venture, your idea sounds very risky...

Beware of People telling You
That you may be able to build multiple homes on a parcel. That's, most likely, after you have rezoned the parcel and have applied and have received an approved tentative tract map. This requires money to hire an engineering company and takes at least a year or so to get approvals from the city or county. Only after you get an approved tentative tract map, will you know how many homes can be built on a parcel.

Some people think
That Hesperia land is already zone for track homes. WRONG... We have RAW LAND that is zoned for rural living. For example: The SB County has a zone called RL (Rural Living). This zone allows one dwelling per parcel. The parcel can be 10 acres, but only one home can be on it. The land will probably be re-zoned one day, but today it's one home. Investors buy and sell land based on future potential growth. Developers buy land, rezone, re-parcel and sell to builders. Builders buy lots that are ready to build.
Click - Part 2 - Land Financing
Retirement Investing
in Real Estate
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Key Information

Gold Point Realty
SageBrush Realty
15437 Anacapa Road Suite 10
Victorville, CA 92392
CA DRE License 01523546
Hesperia Real Estate We are a local site specializing in property in our real estate market. We can provide the tools that will make the home buying or selling process easier for you.

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Real estate for sale information is provided (IDX) the Victor Valley Association of Realtors® or the Inland Valley Association of Realtors. This Hesperia site provides links to other web sites that may be presented by government agencies, newspapers, etc. We are not affiliated with any of these sites. Nor are we responsible for their content. real estate, homes, for sale, Hesperia, Apple Valley, Victorville, Adelanto, real estate, Oak Hills, bank owned, foreclosure, foreclosures, Lucerne Valley, High Desert, California, southern ca, reo, bank, foreclosed, Jess Ranch, Del Webb Sun City, CA, Realtor, high desert, houses, house, Phelan, Spring Valley Lake, realtors, property, relocation, new construction, relocating, luxury, agents, home, values, sales, listings, Hesperia, ca, homes for sale, buyers, sellers, investors, high desert, houses, home, foreclosure, foreclosures, reo, property for sale, land, lots, mls