Lakewood Land Company’s Tips on Buying Land, Part Two Many people are interested in purchasing land, but they don’t know where to start. In this series of articles, Lakewood Land Company answers some common questions about land purchase. What happens at an event sale? An event sale is often likened to an “open house,” where potential buyers meet to learn about the property for sale. When you find an event sale in an area you’re interested in, make an appointment as early as possible in the day. There may be many people competing for the same property as you. The later you arrive in the day, the less chance you’ll have of procuring the desired parcel. Make sure you arrive earlier than your appointment. You will appreciate the chance to relax and talk to your land consultant. They’ll be able to tell you what to expect and which property parcels will best suit your needs. In order to be successful at an event sale, determine your goals. Do you want an investment property or a property for your personal use? Once you have bought the property, you usually have a set period to close. Thirty days is a common time frame. In short, if you’re well prepared and have a consultant you trust, you can have a new parcel of land in a short amount of time for a price that is substantially below market value. If you’re interested in attending an event sale, please contact Lakewood Land Company. Their honest professionals are committed to excellence and look forward to helping you find your dream property at the lowest possible price.
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