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More affluent people moving to Puna?
#24
I have a friend who is doing land contracts for many many years. Yes he makes a bunch of money on it, yes he takes the property back if people can't make their payments. But I know of many of his buyer's and they were nowhere near to byuing their own land under normal business conditions. You need to ask those who didn't have credit or bad credit, but got an opportunity to own land - ask them how they feel about land contracts. In my experience they see them as a blessings.
There will always be people who give things like land contracts a bad name. I see them as an opportunity.

michael
http://punaguide.com

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RE: More affluent people moving to Puna? - by miketat - 05-11-2006, 05:21 AM

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