Everyone wants to own land in California. After all, they’re not making any more of it. To most people, the latter means it will retain its value or maybe increase in value.
Get started on the right foot by purchasing land in California in a little-known market where you can get amazing bargains on real estate.
Today, I’ll cover the following topics:
- Types of property to choose from in the Golden State
- How to buy land in California for pennies on the dollar
- Ways to get 60%, 70%, and 80% Discounts in purchasing a property
TABLE OF CONTENTS
- How to Find Vacant Land for Sale in California
- Affordability of Parcels of Land for Sale
- Buying Vacant Land as a Small Investment
- Investing in Vacant Land Part-time
- California Tax Deeds
- Cheap California Land for Sale
- Buy Property in California Mortgage-free
- California Tax Deed Auctions
- Tax Defaulted Properties in California
- Conclusion
How to Find Vacant Land for Sale in California
There’s plenty of vacant land in the state of California. Hundreds of developers are constantly advertising land for sale. Many times, it’s large parcels; other times, it’s small parcels.
Thousands of real estate brokers will sell most of the vacant inhabitable land by using electronic sources, newspapers, word of mouth, and every possible advertising source.
The electronic real estate sites, like Zillow here, Facebook Marketplace, multiple listing services, Craigslist, and dozens of others, will have vacant land, industrial properties, and agricultural land.
Affordability of Parcels of Land for Sale
In some markets, developers purchase large tracts of land and subdivide the land into smaller vacant parcels. These smaller parcels are usually more affordable for new investors.
It’s not going to be difficult to find vacant land throughout Northern and Southern California. Closer to large cities, vacant land will have competitive pricing. In rural areas, there will be bargain parcels and considerable availability.
Buying Vacant Land as a Small Investment
Investors like land because it generally holds value and requires very little management or maintenance when compared to single-family homes.
Most of the inquiries about how to buy a piece of land are from people looking for bargains and small investments.
For many newcomers, this is where they get started: vacant land.
Investing in Vacant Land Part-time
Maybe you’re a person who’s getting started a little late in life, and you need to make money. Perhaps you want to work this part-time as a side hustle and keep your paycheck coming in from your regular job.
From my observation, most problems could be solved with extra money. That money could be used to make your family happy. Lack of money will make you and your family miserable. You are not alone.
If you’re getting started late, you’ll find my examples amazing. You’ll see how much difference you can make economically with vacant real estate. Just because you’re starting late doesn’t mean you’re headed for a dismal future.
Before I finish, I’ll give you some ideas on where you can start for pennies and grow those pennies into serious money.
You’re about to learn that this is a step-by-step process. If you follow it, it will guide you to financial security. I’m about to share with you ideas and knowledge to help you achieve success.
California Tax Deeds
California has over 40 million people. They live in big cities and across the valley in hundreds of small towns. Surprisingly, most people don’t realize that thousands of California residents lose their properties to the county tax collector for nonpayment of property tax, and I’ll explain how this can make purchasing land in California much less expensive.
All 58 counties in California conduct tax deed auctions. The legislature has authorized the county treasurer to levy taxes, collect taxes, and, if they are uncollected, sell the tax defaulted property at auction for the back taxes.
This simply means that vacant land and residential land could be sold by the government for just the back taxes, and you could be the beneficiary.
Cheap California Land for Sale
Everyone knows California real estate is expensive. What everyone interested in purchasing land in California doesn’t know is that tax-defaulted property is sold for 10 cents, 20 cents, or 30 cents on the dollar. That means 60%, 70%, and 80% discounts on California real estate!
You don’t know what you don’t know. That’s really an understatement when it comes to state and county information. All counties will have tax-defaulted property auctions where properties are sold at huge discounts.
Buy Property in California Mortgage-free
This is how purchasing more California land works. You can do this.
I’ve taught thousands of people during the last 30 years how to make money purchasing unwanted tax-defaulted real estate at tax deed auctions for 10, 20, and 30 cents on the dollar.
The property will have no mortgage or trust deed loan encumbering the property. Everything I’m telling you is the law throughout the state of California.
I’m not an attorney, a real estate broker, or a CPA. I’m a red-blooded capitalist who has been guiding, mentoring, and teaching others about tax liens and tax deeds for 30 years.
California Tax Deed Auctions
The legislature makes the laws for real estate. Everyone is allowed to own real estate. You can do as you like with the property: raise cattle, build homes, or subdivide it.
The legislature requires you to pay property taxes. If the taxes are in default, the local county will confiscate and resell the property at a public auction. These tax-defaulted auctions are conducted a minimum of once a year.
Tax Defaulted Properties in California
A county like Los Angeles County will auction between 1,000 and 2,000 properties each year with the starting bid at the back taxes. Approximately 25% of those properties will be vacant land and residential lots.
Other counties in more rural areas, like San Bernardino County, Kent, and San Luis Obispo County, will have dozens, even hundreds, of parcels of vacant land, as will many counties in San Joaquin Valley and Sacramento Valley.
Throughout northern California, from Sacramento to the Oregon border and east to the Nevada border, dozens of counties will have dozens of tax-defaulted auctions, where the properties will be sold with no mortgage, and the starting bid is the back taxes.
Conclusion
We hope you enjoyed Ted’s lesson, “Purchasing Land in California.”
What is the best way to buy vacant land? At a tax defaulted property auction, you can buy real estate for 60%, 70%, and 80% or more discounts and get the property without a mortgage (called a deed of trust in California).
A lot of newcomers get started with vacant land, and this is even something you could do part-time while holding down a job. It doesn’t take a lot of time or money to begin.
Every year in California, thousands of properties are sold by counties at tax-defaulted property auctions, with the starting bid at just the amount of the unpaid property taxes, and about 25% of those will be vacant land or residential lots.
It’s an excellent opportunity to pick up California real estate at an affordable price.
If you’d like to know more about how to acquire bargain real estate, there’s no one more qualified to teach you than Ted Thomas, America’s leading authority on tax lien certificates and tax-defaulted property investing.
Ted Thomas is the only one who provides full support and complete training with home study courses, Q&A webinars, live tutorials, workshops & web classes, and personal one-on-one coaching.
Want to learn how you can make big profits from bargain real estate? Would you like to buy nice properties for pennies on the dollar for massive cash flow? Or earn double-digit interest rates securely? Then take advantage of this FREE Gift. Act now. It costs you nothing and will give you a big head start!