Thinking about buying land for investment purposes? If so, then Davis DuBose Knight Forestry & Real Estate is here to help.
We offer a wide range of Arkansas real estate services, including everything from forestry management and land appraisals to specialized timber valuation. We even keep an updated database of land for sale, so we can help you find the land that best suits your needs.
FAQ: Buying Land for Investment Purposes
We receive a number of frequently asked questions about land investments on a regular basis. For your convenience, we’ve taken the time to answer some of the most commonly asked questions below.
What Makes Land a Great Investment Choice?
There are many reasons to consider investing in land; for starters, consider the fact that land is only available in a finite supply. This means that there will always be value in land ownership. This, combined with a recent increase in land values all across Arkansas, makes now a great time to throw your hat into the ring of land investment regardless of whether you’re interested in re-selling right away or holding onto your investment for awhile.
Why Do I Need a Land Appraisal?
Before you purchase any piece of land for investment purposes, it’s important to have a professional land appraisal done. This is the best way to ensure that the value of the land you’re interested in is at least equivalent to the amount you’ve agreed to pay. If a land appraisal comes back low, for example, you may have a hard time obtaining financing. Any lender will require a land appraisal as a contingency of your loan approval.
What if I’m Interested in Timber Property?
Keep in mind that if you’re looking to buy timberland, there are some specific procedures that will need to be followed throughout the buying process. This includes having a specialized timber appraisal done so that the appraisal inventory can be broken down by individual tree species. This will give you a more accurate valuation on the land itself. At Davis DuBose Knight Forestry & Real Estate, we offer both traditional land appraisals as well as specialized timberland appraisals to suit your needs.
How Can You Help Me Find Land for Sale?
We keep an updated database of property listings all across Arkansas, so we can help you find the investment land that best suits your needs and budget. Whether you’re looking for a specific acreage, price, or type of property (hunting, farming, etc.), our easy-to-use search tool allows you to apply various filters to your search and find relevant properties in a matter of minutes.
If you have any additional questions about buying land for investment purposes or about any of the services we have to offer here at Davis DuBose Knight Forestry & Real Estate, don’t hesitate to contact us today at (501) 219-8600. Our team looks forward to guiding you through the process of making your first land investment purchase!