Is It Worth It to Own Land?
Everyone has been there at one time or another in their lives: you're riding down a country road and see a parcel of land, and you want to buy it. You can see yourself talking to a lender and purchasing that land, and becoming a homeowner without having to build the home right away. The fact is that land sits there, doing nothing, and you don't have to do anything with it until you want to.
Owning land is simple and straightforward. You go to the lender, apply for a loan, put down your down payment, and you have land ready for you to do whatever you want to with it, whenever you want to do it. Whether you decide to put a new home on it, a retail space, or just let it sit while you pay the monthly payment is up to you. That's what's so great about owning land. However, for some, it might...