many years ago in one of his flashes of brilliance, many investments, my father decided to four graves, one for each member to purchase my immediate family. Many years later I decided to check the value of the remaining two packages and I was at the value they had surprised significantly increased.
After my father and my mother died when my sister and me, the land my father had bought for her funeral. In recent years, since I no longer live in the greater New York, I decided to get rid of the two remaining parcels. I’d rather be with my wife when we die and be buried buried elsewhere than in my childhood area. But how could these two remaining plots, and what is their value? Then I began a research project, very informative. This led me to the conclusion that his purchase accidentally turned out to be a very profitable investment strategy alternatives.
After discussing the situation with my sister, I decided it would be best to just gift her the two parcels so that she and my brother-brother could be buried. When checking on the transfer process, I decided out of curiosity, do some research. WOW! What an investment these had turned as. The value has increased since their initial purchase. How much bought to build a house on these parcels have a value. Surprisingly, Dad had done his homework for the purchase and went, as was the purchase of a property where it is possible to build a permanent structure. It seems like the right real estate books and experts, and consulted only applied the same knowledge for the purchase of graves.
I’m not trying to show that investment is located in land of the cemetery next great global investment opportunity. I can tell you that, like many other real estate investments there are several factors to consider: it can increase the value or the impairment in some areas they are rare, they are available in many price levels for each market, it continues a customer to this property, place and manner of restrictions and the quality of facilities and services is important and it is a resale market dynamics. In fact, in my research I discovered that there are many online brokers that help the resale of graves. Some retailers a simple listing service and others seemed to be more actively market the plots themselves
Even with the growth of cremation, the development of parks and gardens will change the concept of memory of the cemetery and potentially enable greater value over time. In fact, with some religious groups forbid cremation, a purchase well studied potentially positive results. If you do your homework and buy the right if they are for personal use or for resale (where it is legal to do so), you may find that over time your decision to buy land the cemetery was a very meaningful investment.
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