Buyers in the United States aren't limiting themselves to domestic opportunities anymore
Atlanta, GA (PRWEB) February 04, 2009
When considering a land purchase, savvy buyers typically weigh a number of factors, including value, land use, desirability of the location, and climate, among other criteria. But now an increasing number of U.S. buyers are weighing the growth potential of international markets when considering land purchases, which has many of them setting their sights abroad. To meet the needs of this growing segment of potential international land buyers, LANDFLIP.com, now features land for sale and land auctions in Canada, Costa Rica, Mexico and Puerto Rico.
"Buyers in the United States aren't limiting themselves to domestic opportunities anymore," said Ryan Folk, founder of LANDFLIP.com. "Due to the recent economic and mortgage crises, buyers are considering the vast potential that lies in investing in land abroad as an alternative to purchasing in the U.S., and in some cases, to recoup losses. They are looking for reliable sources to help them research viable opportunities, and that's where we come in."
For many, purchasing land abroad has traditionally been perceived as a high-risk investment. However, stable governments, strong currency and improvements in infrastructure are just a few of the reasons that are prompting developers, investors, and buyers to consider purchasing land abroad, especially in countries such as Canada, Costa Rica, Mexico and Puerto Rico. As of January 2009, LANDFLIP.com now offers listings and auctions in all four countries.
Canada and Mexico are especially prime choices for buyers whose primary concern is market stability. In a recent survey of Association of Foreign Investors members, Canada was ranked as one of the top countries in the world for the most stable and secure real estate investments. Additionally, recent studies show that real estate in Mexico still continues to appreciate, and that the arket is more stable than in the United States, with mortgage delinquency under four percent. No long-term negative impacts from the recession in the U.S. are expected on the Mexican economy, and an increasing number of foreign investors are evaluating real estate opportunities in Mexico to offset losses from their investments in the U.S.
When investing in international properties it's important for buyers to thoroughly research the region, talk to local real estate agents and property owners, and note the differences in the currency in order to get the best deal. For buyers who are considering purchasing land in an international destination as a second home or retirement home, it's also important to research crime rates, level of hospital care and insurance availability. To assist buyers with their research and due diligence, LANDFLIP.com provides comprehensive details about each international property listed on its site, and makes it easy and convenient for potential buyers to contact sellers by email or telephone.
"We've had great success, and a lot of interest since we began listing properties in Canada, Costa Rica, Puerto Rico and Mexico," said Folk. "In the future, we'll continue to add additional markets to our site based on the feedback that we receive from potential buyers, as well as owners, real estate brokers, agents and auctioneers who want to advertise their properties on LANDFLIP.com."
To search for available hunting or recreational land, or to advertise available property, visit LANDFLIP.com today. Sign up for the LANDFLIP.com newsletter to receive the latest land listings, land articles, and tips and advice from land experts.
About LANDFLIP, Inc.
LANDFLIP, Inc. is headquartered in Madison, Georgia and specializes in developing innovative online resources for consumers and real estate professionals. Since 2004, the company has launched two websites, LANDFLIP.com and LANDTHINK.com to help land owners, real estate brokers, agents, auctioneers, buyers and investors navigate the land buying and selling process with ease. LANDFLIP.com (https://www.landflip.com) offers buyers and sellers an easy and affordable way to list, market or search for land. LANDTHINK.com (https://www.landthink.com) is the authoritative online resource for land investors, buyers, sellers and owners to get expert advice, knowledge, opinions, trends, and tips related to land. The site also features the Get Land Smart newsletter, a helpful guide to information on buying, selling or investing in land.