Right now is a great time to buy land in Southern Oregon due to the extreme buyer’s market that Southern Oregon is currently in. The entire country is in a recession and there are good buyer’s market to be found all around but Oregon is a specially good. The unemployment rate is quite high in Southern Oregon and as a result, many landowners are selling their property quite inexpensively.
It’s really rather easy to find cheap land in Oregon right now. If you are in the market to purchase land, it’s a good idea to find land that is for sale by owner if you can. There are a couple of reasons for this. First, people who were selling their own land don’t have the expertise or experience that are real estate agent might give them. These people are at a disadvantage when it comes to the negotiating time.
The second reason that it’s good to buy land from someone who is selling it themselves and not using are real estate agent is because these people are often very motivated to sell. Oftentimes they are selling the land themselves because they want to avoid paying are real estate agent a commission.
They sometimes think that they will get a better price by selling it themselves but what usually happens is that they get less. Don’t be ashamed to put in a very low offer when buying land in Southern Oregon right now. By placing a very low offer you give yourself some room to negotiate if they don’t accept the offer and still purchase the property at below fair market value.
There is so much land for sale in Oregon right now that it just doesn’t make sense to pay fair market value. If you can’t find land to buy that is less than fair market value, you’re simply not looking hard enough because there is a lot of it around.