NEW Land Market Report for North Central MN is now available October 3, 2009
Posted by LandRadar in Uncategorized.Tags: land value, landradar, market, minnnesota, mn, report
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What is land really selling for, you ask. Find out now by getting your copy of the Land Market Report for North Central MN. Just request your copy by email me today: Osterloh@CloseConverse.com.
Price / Acre of vacant land – MN county analysis September 16, 2009
Posted by LandRadar in Uncategorized.Tags: cass, crow wing, hubbard, hunting land, land values, landradar, minnesota, mn, vacant land, wadena
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From the Greater Lakes Multiple Listing Service data, North Central MN counties have varied results. Note that some of these counties have had few transactions in 2009l so, take it all with a grain of salt.
MN counties show varied $/Ac results
Land Activity in North Central MN, 2007 – 2009 September 16, 2009
Posted by LandRadar in Uncategorized.Tags: land, North Central Minnesota, price per acre, value
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So, is land still selling? And, for how much? From recent data from the Greater Lakes MLS, it appears that land values are holding but the number of transactions will be down. See the graph for a picture comparing 2007, 2008 and 2009 through Sept 9th.
Sale volume may be off in 2009 but values are holding
Why Buy Recreational Forestland? July 9, 2009
Posted by LandRadar in Uncategorized.Tags: ATV, bike, cabin, capital gains, cell tower, fish, hike, home, horseback, hunt, hunting, investment, land, minerals, portfolio, timber, timberland, value, wind farm
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There are lots of reasons – here’s but a few:
1. Immediate and continuous enjoyment for biking, hiking, hunting, fishing, ATV’s, horseback riding, etc.
2. Potential camping or RV site.
3. Potential home, cabin or hunting lodge site.
4. Consistent cash flows from leasing opportunities (i.e. hunting, minerals, wind farmss, cell towers, etc.)
5. Emerging market opportunities in biomass, carbon sequstration projects and potential conservation outcomes.
6. Significan cash flow from the harvest of your mature trees. Benefits include:
a) Preferential tax treatment of timber harvest income (Capital Gains vs. Ordinary Income)
b) Inflation hedge (timber prices have historically kept up to or exceeded the rate of inflation)
c) Portfolio Diversification
d) History of attractive positive long-term returns.
e) Overall low annual carrying costs compared to other investments.
Seller Financing – How it works July 5, 2009
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Seller financing is making a comeback! In the ancient past (pre 1980’s), seller financing of land was about the only way people bough property. There was no such thing as a “home equity” loan and banks, typically, wanted 50% down payments. Thus, owners usually provided the financing vehicle. In MN, this vehicle was the Contract for Deed (in other areas, a Land Contract).
It works like this: 1) The buyer makes a down payment to the seller, 2) Buyer and Seller enter into a contract for the deed to the property (thus, the name Contract for Deed) on terms agreeable to the parties and, 3) when the terms of the Contract are fulfilled, the Seller then executes a Deed for the property to the Buyer.
Since we’ve been doing real estate marketing for over 30 years, we’re familiar with Contracts for Deed and other forms of Seller financing. Have questions, get in touch and we’ll answer your questions or point you in the right direction. Osterloh@CloseConverse.com.
Land Values in North Central Minnesota May 29, 2009
Posted by LandRadar in Uncategorized.Tags: land, North Central Minnesota, price per acre, value
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North Central Minnesota Land Values by Township
The University of Minnesota provides land value data for the entire state. Here’s a map of North Central Minnesota showing the values of property by township. The darker the color, the higher the sales value in that township. Give Rod Osterloh a call at 866-403-5463 or email Osterloh@CloseConverse.com for details on where to find this information.
Geocaching & County GIS sites May 29, 2009
Posted by LandRadar in Uncategorized.Tags: geocach, gps, minnesota, rural land, woods
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Geocaching is getting to be a great, fun family activity. It’s modern-day searching for treasure but using a GPS instead of a treasure map. Like searching for the geocach, people wanting to look at rural land can use their GPS to find property corners, driveways and other features of the property. To get the coordinates, we’re finding that all the North Central Minnesota Counties that we work with have GIS systems on the county websites. You can get GPS coordinates right from the website for any property in the county. Try out these websites – you’ll love all the information, aerial photos and the GPS coordinates to make your next trip into the woods more fun.
LandRadar Blog has arrived May 16, 2009
Posted by LandRadar in Uncategorized.Tags: land, landradar, minnesota
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We’re brand new to blogging…….but, we’re here to provide information on North Central MN land for sale and answer questions you may have about owning and using land.
Hello world! May 16, 2009
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Welcome to WordPress.com. This is your first post. Edit or delete it and start blogging!
