LAND FOR SALE.... Cheap!!!!

[djswivle]

Does anyone know of any good sites/ investors(individual and or groups) that I could advertise a piece of land on that I am trying to sell?

Its a combined residential and commercial piece of land. Docs are available upon request

Im looking to get rid of it ASAP!

Help!

[Semi-Retired-Dave]

Where is this Land of Opportunity?

[djswivle]

Winchester, Va

The residential side is fully developed for 22 single familly detached, 42 single family attached. PAD ready, all county approvals are in place, full engineering plans available.

The commercial is 3.3 acres is ready to develop, suitable for 33,500SF commerial bldg. Plans complete/can commence construction in 30 days. All site work complete, all public water/sewer on site, curbs/sidewalks in place.....

Can send a PDF of the land on request!

[pornguy]

I got some land in Mexico I can sell.

[epitome]

Good luck with the sale! I imagine that before the crash and Prince William County became dirt cheap you could have made a pretty penny on that!

I wish I had some extra cash lying around as I'd be buying up Front Foot's left and right. A lot of developers that were holding them for annuities are getting rid of them for pennies on the dollar.

[djswivle]

Thanks man...

I just need to go to a few of these county auctions where these investor groups buy up 99% of the properties, leaving the general public with the shittiest houses up for grabs...

Someone will bank on this, thats for sure!

[L-Pink]

Originally Posted by epitome

I wish I had some extra cash lying around as I'd be buying up Front Foot's left and right. A lot of developers that were holding them for annuities are getting rid of them for pennies on the dollar.

Care to share details?


.

[Semi-Retired-Dave]

Originally Posted by djswivle

Winchester, Va

The residential side is fully developed for 22 single familly detached, 42 single family attached. PAD ready, all county approvals are in place, full engineering plans available.

The commercial is 3.3 acres is ready to develop, suitable for 33,500SF commerial bldg. Plans complete/can commence construction in 30 days. All site work complete, all public water/sewer on site, curbs/sidewalks in place.....

Can send a PDF of the land on request!

I would have jumped on it if it was in LA.

[EliteWebmaster]

Originally Posted by CyberAge-Dave

I would have jumped on it if it was in LA.

Hell I would too

[epitome]

Originally Posted by L-Pink

Care to share details?


.

In short, a front foot is the first few feet of property that abuts the street. Smart developers ran utilities themselves and kept ownership of that land. They then charge a yearly fee to the homeowner for use of that land as well as to recover their investment in utilities -- I believe it is typically for 30 years. It ends up being "free" money (using that term very loosely) though because they often financed it in the builders loan and paid it off when they sold the house.

Now here is the thing ... if the front foot fees are not paid you can foreclose on the house. You're in the first position and can actually steal it out from underneath the bank that bought the note. Because of this, a lot of banks prefer to escrow the front foot fees. Granted, it doesn't happen often, but it has happened and a few savvy people have gotten a free house -- that is just a bonus though.

If a front foot is worth $40k payable over the next 30 years, if you search long enough or buy them out from a big developer that is cash strapped you can get them for a fraction of that.

Guaranteed money at a good rate for the next 30 years. Buy enough of them and you may end up with a free house or two over those 30 years ... if not, it's easy and steady income.

A lot of developers are surviving right now off those fees. Others are so under water that they are dumping them in exchange for quick and easy cash.

Finding them is the tricky part but I know where they are. Sadly, I can't act at this time.

[FreeHugeMovies]

Real estate agent?

[completevideos]

we should have a property channel on GFY

[djswivle]

Originally Posted by completevideos

we should have a property channel on GFY

WORD!

[L-Pink]

Originally Posted by epitome

In short, a front foot is the first few feet of property that abuts the street. Smart developers ran utilities themselves and kept ownership of that land. They then charge a yearly fee to the homeowner for use of that land as well as to recover their investment in utilities -- I believe it is typically for 30 years. It ends up being "free" money (using that term very loosely) though because they often financed it in the builders loan and paid it off when they sold the house.

Now here is the thing ... if the front foot fees are not paid you can foreclose on the house. You're in the first position and can actually steal it out from underneath the bank that bought the note. Because of this, a lot of banks prefer to escrow the front foot fees. Granted, it doesn't happen often, but it has happened and a few savvy people have gotten a free house -- that is just a bonus though.

If a front foot is worth $40k payable over the next 30 years, if you search long enough or buy them out from a big developer that is cash strapped you can get them for a fraction of that.

Guaranteed money at a good rate for the next 30 years. Buy enough of them and you may end up with a free house or two over those 30 years ... if not, it's easy and steady income.

A lot of developers are surviving right now off those fees. Others are so under water that they are dumping them in exchange for quick and easy cash.

Finding them is the tricky part but I know where they are. Sadly, I can't act at this time.

Interesting ... thank you


.

[Mike Dutch]

I sell my car