$50,000 or a deed to $50,000 worth of land?

[BooneRebel]

Which would you rather have? Keep in mind that you'll have to pay taxes on either, but $50,000 land would actually be 'worth' more because you wouldn't have to pay realtor fees, surveying costs, etc. prior to receiving the deed...

 

[ATLien247]

I'd take the land...

 

[ScrapSilicon]

Originally posted by: ATLien247
I'd take the land...

 

[aphex]

|_@/\/|)

 

[gopunk]

where is the land?

 

[TwinkleToes77]

Depends where the land is.. I wouldnt want to be the proud new owner of a landfill 🙂

 

[Scarpozzi]

<Kidman voice>CLAIM YOUR LAND JOSEPH!!! CLAIM IT!!! </Kidman voice>

 

[vi edit]

I guess it depends on what I could do with the land, how much of it there was, and whether or not I could make a better investment with the $50k.

 

[BooneRebel]

Originally posted by: gopunk
where is the land?

Unimproved land in your state.

 

[Cyberian]

Originally posted by: gopunk
where is the land?

In the Florida mountains.

 

[NikPreviousAcct]

You'll gain more equity with the land, so I'd take the land. Plus you can pimp out the property 🙂

nik

 

[kherman]

Originally posted by: vi_edit
I guess it depends on what I could do with the land, how much of it there was, and whether or not I could make a better investment with the $50k.

 

[Parrotheader]

Originally posted by: Scarpozzi
<Kidman voice>CLAIM YOUR LAND JOSEPH!!! CLAIM IT!!! </Kidman voice>

LOL! Acutally that should be:

<Kidman voice in horribly butchered Irish accent>CLAIM YOUR LAND JOSEPH!!! CLAIM IT!!! </Kidman voice in horribly butchered Irish accent>

 

[Scarpozzi]

Originally posted by: Parrotheader

Originally posted by: Scarpozzi
<Kidman voice>CLAIM YOUR LAND JOSEPH!!! CLAIM IT!!! </Kidman voice>

LOL! Acutally that should be:

<Kidman voice in horribly butchered Irish accent>CLAIM YOUR LAND JOSEPH!!! CLAIM IT!!! </Kidman voice in horribly butchered Irish accent>

I was just being lazy because I figured everyone remembered what that shreaking banshee sounded like when she said it.

 

[Pepsei]

Originally posted by: ffmcobalt
You'll gain more equity with the land, so I'd take the land. Plus you can pimp out the property 🙂

nik

not if the land is in montana....where you can't get too except by walking or skydiving....

then again... is that $50,000 dollars or yen?

 

[Pepsei]

Originally posted by: Scarpozzi

Originally posted by: Parrotheader

Originally posted by: Scarpozzi
<Kidman voice>CLAIM YOUR LAND JOSEPH!!! CLAIM IT!!! </Kidman voice>

LOL! Acutally that should be:

<Kidman voice in horribly butchered Irish accent>CLAIM YOUR LAND JOSEPH!!! CLAIM IT!!! </Kidman voice in horribly butchered Irish accent>

I was just being lazy because I figured everyone remembered what that shreaking banshee sounded like when she said it.

In Russa... she can pull off a good Russian accent.... (Birthday Girl)

 

[LikeLinus]

Originally posted by: Cyberian

Originally posted by: gopunk
where is the land?

In the Florida mountains.

I must have been the only one that got that 😀

 

[Keego]

I'd take the money, then move to the mountains.

 

[notfred]

Cash, I couldn't buy jack sh!t for land with $50k, but a $50k down payment is another story.

 

[Torghn]

Originally posted by: TwinkleToes77
Depends where the land is.. I wouldnt want to be the proud new owner of a landfill 🙂

I shure as heck would like a new landfill (as long as it's actualy new and not already full). Landfills make a TON of money. Also, I've seen a couple landfills that made really nice golf cources once they were sealed off.

 

[Mill]

Originally posted by: notfred
Cash, I couldn't buy jack sh!t for land with $50k, but a $50k down payment is another story.

You live in one of the most expensive land areas in the world. 50k wouldn't get you a grain of sand at a Cali beach.

 

[Finality]

Get an estimate on the true value of the land first.....

You could buy land in another spot that has a better chance of appreciating as well. Besides with land you are not liquid.