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When you think about real estate, you may think about starter homes, mansions, or commercial facilities. In fact, however, there are millions of acres of farmland, pastureland, rangeland, and woodland in the US and every day people are either listing their available land or seeking land for development or preservation purposes. If you have empty lots or land to sell, you may be wondering where to begin. We have the information you need, including a convenient alternative to listing on the local MLS. We can help you ensure you get your land sold quickly, efficiently, and for the right price.
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How to Sell My Land Property Fast for Cash If you have empty lots or land to sell, you may be wondering where to begin. We have the information you need, including a convenient alternative to listing on the local MLS. We can help you ensure you get your land sold quickly, efficiently, and for the right price.
How Is Selling a Home Different from Selling Lots or Land? You may be familiar with the process of selling a home. Bring in a real estate agent, clean up the house, have photos made, then list the home on the local MLS so that it is available for home buyers searching online. So how does the process differ when you’re selling lots or land instead of a home? One of the most important differences between a home sale and a lot or land sale is the need for accurate zoning records and site maps of the lot or land. Unlike a home, you can’t just put in the street address of acres of land and get the information you need. You or your agent may have to consult land records at the courthouse and you may need to have the land surveyed to ensure accurate and up-to-date records.
Steps to Take to Sell Your Lot or Land: • There are a variety of steps you might consider in order to help you sell your lot or land more quickly and for the best possible price. These can include: • Ensuring updated site maps are on file with the county or municipality • Determining the zoning for your land and applying for an adjustment, if needed • Cleaning up the land and providing access, especially if it is overgrown • Determining the availability of utilities and other services in order to better market the property • Obtaining the services of professionals including a real estate agent or broker who specializes in land sales, a professional photographer, and a surveyor, if needed.
Selling Commercial Property vs. Residential Property It is important to know whether your land is zoned for commercial or residential use. This can make a huge difference in the way you market the property and the price you can expect to get for it. In some cases, changing demographic patterns in your area may warrant re-zoning of your property. This often happens when land that was formerly rural and zoned for farming or residential use is encroached upon by subdivisions and new businesses in the area. We Buy Vacant Land
Benefits of Selling Property Instead of Renting Out Property • You may be considering holding onto your land and renting it out in the hopes that it will gain in value over time. Here are a few things to consider: • Are you willing and able to live the landlord lifestyle? Obtaining tenants, supervising their use of the land, collecting rent, and evicting non-payers can be a time-consuming and frustrating process. • You still have liability for much of what happens on your land. If your renters destroy the land, dump trash or chemicals there, or create problems with neighbouring landowners, much of the blame and subsequent repair will fall to you.
Who Will Buy My Property? • There are many people who may want to buy a piece of undeveloped land. These include: • Commercial developers, including mixed-use, hospitality and resort, healthcare, industrial, storage, and other commercial interests • Residential developers, including subdivision, new home, and multi-family builders • Governmental agencies who need land for offices, recreational facilities, and schools • Local commercial interests that align with yours, including the owners of adjacent plots of land • These buyers may be right next door or may be international buyers. In any case, it will be important for you to adequately market your land or lot in order to catch the attention of the right buyer.
Do I Need an Attorney to Sell My Lot or Land? You may or may not need an attorney in order to sell your lot or land. If you use a real estate agent or broker who is experienced in this area, they will have standard contracts and other documentation to facilitate the sale. However, you may still end up using a real estate attorney for the closing process. Alternatively, some title companies may be able to handle the closing and registering the deed of sale with the county.
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