exit strategy: Have an "Exit Strategy" when buying Rural Land
- 03/17/10 06:01 AM
When meeting with potential buyers of rural property, I always encourage them to buy with an "exit strategy". What I mean, is for them to purchase a property that other people would find desirable in the event they ever decide to or are forced into selling. In my opinion being able to get out from under a property if necessary is an extremely important consideration before buying. Formulating Your Strategy- Here are a few key elements to consider when evaluating your purchase. 1. Road Frontage/Access- Does the tract have easy access. The first question I get on many rural properties is, "Does (3 comments)
This blog is hosted by Jonathan Goode, a land agent with AlaLandCo. It is designed to be informative and helpful to buyers, sellers, and anyone interested in land in Alabama.