With the senior population expected to grow by 36 percent between 2010 and 2020 coupled with the less than rosy economic situation, more and more baby boomers are searching for affordable retirement options. “The volatility of the stock market has served to highlight land ownership as a much more stable investment,” says Penny Wolfswinkel, President of Southwest Properties, Inc. “Seniors wanting to retire affordably and comfortably are looking towards New Mexico with its low cost of living and mild climate. Now through January 31st, 2010, our 20 percent off Year-End Sale puts our lots within easy reach and gives retirees the security of knowing they own the land they’ve built their home on. And our lots are not only affordable; they’re also beautiful, with plenty of trees, great views and abundant wildlife. Plus, as a special holiday gift, were also offering cash incentives!”
Southwest Properties, Inc., a family-owned business and a pioneer in land development in the southwest since 1958, offers retirees choice acreage ranging in size from 3- to 140-acres.
Owner financing is guaranteed and Southwest Properties offers low down payments with comparatively low interest rates. Currently, most national and regional banks are not willing to lend for many types of country properties. The few that are lending are requiring between 20 to 50 percent in down payment on raw-land loans, coupled with high interest rates, adjustable rate mortgages (ARMs) and short terms.
“These parcels are construction-ready,” says David Wolfswinkel, Southwest Properties’ Corporate Real Estate Broker. “Each development has a solid infrastructure, including electricity, all-season gravel roads and—in the case of Spring Canyon Ranch near the town of Quemado—underground utilities and water.”
“Land is a commodity providing asset security, which can be turned into cash to meet other financial needs,” comments Penny. “And though land prices might fluctuate with the real estate market, the land always retains its worth. If you’re close to retirement and looking for more than just another asset to add to your portfolio, consider buying a property in New Mexico. Not only will you provide yourself with a chance to enjoy your retirement years in a relaxed, southwestern lifestyle, but you may also be providing a cornerstone to your family’s legacy.”
For more details about investing in a retirement lifestyle in New Mexico, call one of our representatives at 888-812-5830 or visit our website at www.swproperties.com.
Penny Wolfswinkel, President of Southwest Properties, and Corporate Real Estate Broker, David Wolfswinkel, are available for interviews on land ownership and retirement. Please call Lydia Gregory at 480-258-2648 to arrange for a date and time.
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