I want to build a ranch on a nice hill with gorgeous homes.
I live in San Jose and I have a view of the huge hill with beautiful homes planted on the hill. It's lovely.


But I wonder who is he/she? Where does he/she probably live now? How much money (approx.) does he make? Does he collect all [most] the money when the people move in?

Please give as much information as you can about this particular topic. Thank you so much, in advance. xoxo

the people that do this are called "developers" cuz they are developing the land..from nothing to something. they usually work with a realtor that will sell the homes for them. the folks that "build" the homes collect the money, but not directly. sometimes city offices can tell you who owns a particular parcel of land.

They are called developers, sometimes they are larger corpoarations (lennar, k.hovanian, centex, etc) or sometimes individuals. They purchase the land and get a construction loan that covers the entire piece of land, then they build, as soon as they sell a home, they pay off that part of the loan, which is called a partial reconveyance. (it gets a little complicated). After everything is built and sold the loan will be paid off, from there they keep the profit. But today since the market is dropping, builders(developers) are giving away alot of upgrades with these home, most of them are loosing money. BUT thats real estate for you, up and down.

hope this helps.