What is land bank investment?
It is really important to know what a land bank investment really is. This is something that many people are doing each year, and they are making a huge profit.
Land bank investment is the process in which land is usually purchased with the intent of holding onto it until such time as it is profitable to sell to others for more than was initially paid. The value of land may increase upon the supposed exercise of an option to develop, planning permission, conversion for use as housing, and/or potential extraction of raw materials.
The question is how do land bank investment fraud really works? If you are purchasing a land, there isn’t any chance of getting scammed, is there?