Purchasing & Developing Land - Part 5 - Reselling It - Raw or Developed
Eppraisal
FEBRUARY 7, 2023
Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition. By contrast, a homebuilder acquires raw land to build on and sell when home values are high.
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