Echoing the opinion of financial experts and economists across the nation, Ricardo Pomar, president of Camino Real Land Corporation, sees the writing on the wall. "The flood of new money that is supposed to prop up a failing economy will bring inflation," he says. "Soaring prices follow a sharp increase in the quantity of money and credit." Inflation may be just a matter of time, but Pomar offers a strategy to prepare for it--or better yet, benefit from it.With the stock market still in shambles, one of the smartest things you can do is buy quality land today and gain from rising prices tomorrow. Owning well-priced land in a beautiful, desirable place has never made more sense--at a favorable interest rate. Interest rates will be rising along with prices when inflation hits.
Pomar attracts clients to his prime view lots in Southeast Arizona with an offer unheard of in the real estate industry: Zero percent interest.
In fact, Camino Real has been selling prime land in Arizona with the terms of "zero down and zero interest" since 1987. Pomar discovered this natural paradise a few years before the rest of the nation and bought large tracts of premier view lots around the master-planned community of Sunsites. And because Camino Real handles its own financing, Pomar is able to set his own terms and offer clients a win-win situation in land ownership. Even for those that buy on time payments, every penny goes to the principle. Every penny of equity is fully realized. Camino Real also extends the no-questions-money-back guarantee to one full year.
As a Sunsites land owner, Pomar is proud of the custom homes that surround the community today and is able to point out many that his clients have built on land purchased from Camino Real land--on acre lots as large as a football field. These beautiful country homes are just five minutes from the 18-hole championship Shadow Mountain Golf Course, fine restaurants, shopping, and other amenities.
About four years ago, Camino Real had the opportunity to develop a rural "ranch community" just 20 minutes from Sunsites. With spacious 2.5-acre ranch lots that command breathtaking mountain views, Sunsites Ranches nearly sold out before public advertising even began. Imagine lots that are two and a half football fields in size, including the end zones!
People fall in love with Sunsites and Sunsites Ranches for different reasons, but Camino Real does have clients who own property in both areas. Some buyers are ready to move immediately and some intend to build later and retire in Southeast Arizona. Others see a great way to add strength and diversity to their portfolio. Still others appreciate land as the ultimate treasure over time, something they may want to give to their children, grandchildren or other heirs. For Pomar and Camino Real, one of the most satisfying things about selling quality land in one of the nation's fastest growing states is that everyone wins, regardless of their reason for buying.
Camino Real Land Corporation was founded with a belief that America's vanishing rural areas are ideal for those seeking quality acreage at affordable prices. The Sunsites area is known for its pristine air quality, unspoiled national forests and monuments, and a perfect elevation of 4,300 feet for four-season recreation against a scenic backdrop. Both Sunsites and Sunsites Ranches are conveniently located along Highway 191, a corridor that leads to Douglas, an award-winning "Best Small Town." To the west, Interstate 10 links the nearby city of Benson and the international attraction of Kartchner Caverns State Park with Tucson, Arizona's second largest metro area.
Pomar sees the looming reality of inflation as an opportunity for those with vision. "No one likes to spend more for everything during inflationary times," he says. "But at least land owners will know they made a solid financial decision when prices were reasonable, and their equity is increasing. Inflation is going to affect us all. Camino Real has already scheduled 2010 as the time when sales that require time payments will carry interest, so even our long-standing terms will change as we adjust to the new financial world ahead. The focus should be upon doing the right things now."
For more information on Camino Real Land Corporation and Southeast Arizona, visit www.sunsiteslandrush.com.
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