Financing Sources for Buying Recreational Land
PotlatchDeltic was happy to sponsor the October 2021 PULSE question posed by LandThink.com to find out more about how buyers are financing their recreational land purchases.
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According to the October LANDTHINK Pulse results, 41.8% of respondents indicated that cash would be their primary source of funds if they were to buy land today. A bank loan followed at close second with 32% of respondents.
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If you’re serious about buying land, whether as a cash buyer or through financing, you’re going to have to be decisive and ready to act. Land for sale is going under contract quickly and there’s no guarantee that a property you’re interested in today is going to be available tomorrow.
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So if you’ve thought about buying but didn’t know much about the benefits of different financing methods or how to take the next step, this article by LandThink is a great place to start. And if you still have questions – and you probably will – then reach out to a member of the PotlatchDeltic Preferred Broker Network nearest where your interest is and take the next step toward buying. Each of the brokers are experts in recreational real estate and can help you with all aspects of the buying process.
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