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No, I still have questions In some cases, you may be able to bury several urns within one burial plot since they take up less space than a casket. Regardless of how old we are, we never stop learning. When you do buy a burial plot, it's important to keep in mind that you may also need to purchase products such as a casket and services such as the opening and closing of the grave. Pre-purchasing a funeral plot saves your loved ones the cost and trouble of having to plan your funeral and decide for you how you should be memorialized. But other cemeteries have special, designated areas for cremation urns to be read more. If you choose to go with a broker (more on this in a moment), will the cemetery work with them? Any fees you paid i.e. A Cemetery Valuation. Please give me answers ASAP . Call the team at Argianas today at 630.390.0113; were dying to talk to you! Property Verification (Ownership, Transferable, Location Specifics), Work directly with Seller, Buyer, and Cemetery, Process Transfer of ownership with Cemetery to finalize and complete Sale, The Plot Brokers Guarantee (See Disclaimer below), Property Location Cemetery, Section, Lot or Block, Space Number (Detailed Property Description as on Deed or Certificate). Some things about the cost of a burial plot are influenced by factors outside your control. Lush green sod is placed over the space to provide an area for loved ones to stand, visit, and remember. Based on the risk factor of 25 percent, the present net value would only be about $71,000! You probably assume that the future value of $17,778 collected over the 100 years totals $1,778,000. Example: Yes, I would like to receive emails from Funeral Home Consulting. The average burial plot cost in California is $5,545. Whats tour take on the cemeterys response? According to the University of Georgias Initiative on Poverty and the Economy: The child poverty rate in Georgia is 17.14%, The majority of poor families in Georgia are without life insurance and/or adequate funds to pay for their childs burial expenses. A different privacy policy and terms of service will apply. There are legal and zoning issues. Cemetery Services - Related Sites - StatsCrop Your local government or funeral home director can give you more specifics about the need for a burial permit and how to get one. The Foresight Companies has performed more than 3,000 funeral home valuations and more than 1,000 cemetery valuations since being founded in 1987. The bottom line is that $17,778 per year, spread over 450 years, is not very valuable, especially with a 25 percent risk factor. There's also "when." After understanding the cemeteries future revenue potential, a discount or risk rate is applied, and the present value of future revenue is calculated. (You might have more of a problem if you wanted to value them at $10,000 each when the church only could get $4400.). Buy and sell cemetery lots and burial plots for thousands less online Determine a price that is agreeable between seller and Plot Brokers when sold. Whether youre studying times tables or applying to college, Classroom has the answers. Can the church set up rules governing the cemetry? We have performed them for various reasons including buying a business or selling a business. Some of the most expensive states in which to purchase a plot: Conversely, some of the least expensive states for purchasing a burial plot are: There are many costs associated with a burial in addition to the cost of the plot itself.