Frequently Asked Questions

Please feel free to call 1-800-252-6554
or e-mail us if you have any additional questions.


My retirement is years away, so why should I consider buying land now?

Over 80 million " Baby Boomers" are getting older and thinking about retirement. Five million "boomers" turn 50 every year. As the bulk of them retire, it is predicted that they will drive real estate prices higher due to overwhelming demand. Many younger people are investing in land instead of the stock market. Quality land, in desirable areas near water, is appreciating at rates of 20-30% per year in the West. As Will Rogers once said, " Find out where people are going....get there first....and buy land".

Why are people buying land in Klamath County, Oregon?

MONEY MAGAZINE
recently rated central Oregon as the # 1 place in the West to retire. The moderate four-season climate is ideal. There is year-round recreation for the entire family and we have over 100 lakes, rivers and streams to enjoy. Spectacular Crater Lake National Park is located in Klamath County. The town of Klamath Falls (area population 50,000) is a great place to live. Klamath Falls offers excellent medical facilities, a major airport and great shopping. Many smaller high tech companies are being attracted to the area. The Oregon Institute of Technology is located in Klamath Falls. The area offers fine dining, live theater, five golf courses and unlimited outdoor recreational activities. Many people are attracted to the area for its clean air, clean water, low crime and low cost of living.

You say your property is deeded and guaranteed buildable. What does that mean?

Amerititle, the largest title and escrow company in Oregon, provides our buyers with a policy of title insurance. All our buyers receive a recorded warranty deed showing they are the recorded owners of the property. Our properties are zoned residential and will allow custom-built and log homes. There are no mobile homes allowed on any lot that we sell.

Never buy real estate, of any kind, without receiving a policy of title insurance and a recorded warranty deed on the property when you purchase. Click here to read what the experts say about how to avoid serious problems when buying land.

What is the climate like in this area?

Klamath County is located at 4000' elevation. Annual rainfall is 14 inches. The average annual snowfall is 40 inches ( 2 to 4 inches at a time ). We have over 290 days of sunshine per year. Warm summers and mild winters. Many people prefer Klamath County because of the sunshine, less rain, the summers are not too hot and the winters are very pleasant without too much snow.

If I purchase, do I have to build right away?

No. There is no time limit restriction for building. Some of our clients have purchased two or three properties ...one to build on and the others for future appreciation.

What are building costs in the area?

If you want to build a nice quality home, plan on spending $125 per foot. You can spend a lot more if you want granite counter tops, high-end fixtures, etc. Our clients are building very nice homes in the $130-$150 per square foot range.The contractors we recommend are the best in the area. Most have their building schedules booked a year or two in advance.

Why should I buy land from Eli Property Company?

We We have an up-front, straightforward way of doing business. We are happy to provide references for our prospective clients. Over 35% of our business is referral. For over 30 years we have been helping people to find the right property for their individual needs and budget. We use Amerititle ( Oregon's largest title company ) to process all sales. Amerititle issues policy of title insurance and a warranty deed on every property we sell . If financed, Amerititle handles all collection of monthly payments. Click here to read our "Advice from the Experts" Page.

Eli Property Company's financing is the best in the industry. We have 15 year financing with interest rates as low as 8% available. There is no qualifying and no loan fees (points) required. We assist our clients in finding the right builders. We build a long-term relationship with our clients.
Click here to read testimonials from our clients.

What kind of property do you sell?

We sell property that is zoned residential and located near a lake or river. We have property in seven of the best, most desirable , locations in Klamath County. All of our properties are deeded and guaranteed buildable. We deal with only the best, so you can be assured of having a quality investment property as well as a great location for your retirement or second home.

How do I make arrangements to see your property?

We show our property by appointment for your benefit. Please be sure to give us at least a 2 to 3 weeks advance notice to schedule your visit (no group tours). A two-day tour of the area and property is recommended.

For our prospective clients with busy schedules, we have available a special weekend travel and accommodations program. You would fly to Klamath Falls on Alaska Airlines, stay at the Red Lion Inn, and receive a two-day personalized tour (no group tours) of our property and the surrounding area.

We make all the arrangements and our attention to detail will help make your trip to Oregon a pleasant experience. For information on how to qualify for our travel program, call
1-800-252-6554 or e-mail kpenn@eliproperty.com

Why do you show property by appointment only?

Kerry Penn is the only person who shows our properties. He shows property three days a week and is usually booked two to three weeks in advance. Kerry is the owner of Eli Property Company and has over 30 years experience in the area. He likes to meet with our clients personally to help them select the very best property that will fit their individual needs and budget. You can read what our clients say about doing business with Kerry on our "Client Testimonials Page".

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