Investors Can Use Heavy Foreclosures Environment to Get Great Deals on Vacant Land

LOS ANGELES, CA: The LA Daily News has reported that there were over 1,000 foreclosures in the San Fernando Valley in the first two months of 2008, over four times as many as in the same time period in 2007. VacantLandDeals.com is saying that the current environment with the overall real estate and mortgage market is good news for savvy investors, because it means that there are great deals on vacant land to be had.

This assertion of good news is in conflict with much of the economic news being spread across the airways in recent months, almost all of which has been of the doom and gloom variety.

Lance Dorman, Vice President of VacantLandDeals.com, stated "Investors can’t get too caught up in the pessimism being voiced by many in the media. The general principle of investing has always been to buy something cheap and then let its value appreciate. So what better time to buy vacant land than now? When others are starting to panic, the savvy investor keeps his head, and can find some truly outstanding deals. The idea is to buy raw and unimproved land where there are no or very few utilities available and the land parcels are only accessible by dirt roads. You select areas where future development is projected. In a few years those plots of land will be worth far more as developments begin in those areas. Growth is the primary factor that drives all this. And the price of land goes up in the entire surrounding area. Investors come to us because we carefully study development patterns, and we know where the deals are today that will be worth a lot tomorrow."

VacantLandDeals.com was formed to help investors find land investment opportunities, especially to help them find California land for sale. The company can be reached at 213-500-9578 or http://www.vacantlanddeals.com.