| Worthwhile investments naturally require careful | | | | residents. |
| analysis. Thus, purchasing high country raw | | | | 3. How should you work with real estate |
| undeveloped Colorado, New Mexico, or Arizona | | | | professionals? |
| land for sale is no exception. We believe that | | | | Do not choose just any agent. Raw and |
| undeveloped land investment is one of the better | | | | undeveloped Arizona land for sale investing is a |
| ways to increase your financial holdings, but doing | | | | real estate specialty, and you want to work with |
| your research and due diligence remains vital to | | | | someone who is such a specialist and knows the |
| your success. | | | | likely future development of the area. I suggest |
| Here are a few questions to ask yourself about, | | | | that you work with several, compare their |
| for instance, Arizona land for sale. | | | | opinions and counsel. Even then, you may decide |
| 1. What is the reason for this raw undeveloped | | | | to buy directly from the owner rather than |
| land investment in the Arizona land for sale High | | | | through an agency. |
| Country? | | | | In the White Mountains, you will find a number of |
| This will determine the kind of Arizona land for | | | | owners individually selling off their family property. |
| sale you seek, its location, and price. For instance, | | | | These are often better deals than those offered |
| you may plan invest in the Rim Country near | | | | through an agency. These are sometimes offered |
| Payson. You plan might be building a residential | | | | with owner financing. |
| second home to escape the heat of the Valley of | | | | You can talk to farmers and ranchers with |
| the Sun. Alternatively, you may want to buy | | | | Arizona land for sale. Be on the look out for tax |
| Arizona land for sale in the high country only to | | | | sales and foreclosures, read the newspaper |
| hold the investment for a time as values continue | | | | subdivision notices, research the Navajo and |
| to rise due to the many Californians moving in and | | | | Apache county government websites, and |
| paying California prices. | | | | generally immerse yourself in what is going on. |
| 2. How can I get the information? | | | | 4. How do you choose a sub area? |
| First, visit and become familiar with Arizona land | | | | Examine the rate of growth in Payson or Show |
| for sale in the area, from Payson through | | | | Low versus outlying areas. The speed with which |
| Heber-Overgaard and Show Low-Pinetop to St | | | | an area is developing will increase the speed of |
| Johns, Eagar and Alpine. While the fierce | | | | your appreciation, but you want to find the areas |
| development may now be in the areas most | | | | where prices of Arizona land for sale have not |
| readily reached from Phoenix and California, the | | | | yet taken off. |
| entire region is likely to see major increases in | | | | 5. How to finance it? |
| land value in the next decade. Check the present | | | | Although financing from banks on raw land is |
| and possible future zoning for the land to | | | | often not available, owner financing is often is. You |
| determine if your development idea will work with | | | | will need a down payment. For agency-listed |
| city and county plans, or to know what kind of | | | | property, 25% or more is usually needed to |
| value it might have should you want to sell to a | | | | cover the 10% agency fee and 3-4% closing |
| future developer. Study the history, political and | | | | cost. Buying directly from the owner allows you |
| cultural make up of Gila, Navajo and Apache | | | | to negotiate more freely sometimes resulting in a |
| counties to understand just how they may react | | | | nominal down payment. |
| to the changes brought about by so many new | | | | |