Frequently Asked Questions
Perhaps you find yourself with a few inquiries – that’s completely normal, as many individuals do. Therefore, we’ve compiled a brief assortment of common questions people pose to us, accompanied by our comprehensive responses.
What Information do you need to research or buy my land property?
- For now, we only require your Name, Contact Information, Property Address/APN, and county. Once we have the opportunity to discuss further, we will gather additional details concerning Utilities, HOA fees, Taxes, Liens, easements, and any property-related restrictions or abnormalities.
Why shouldn’t I just sell this land on my own?
There are several factors that can make selling land on your own a challenging endeavour:
- The market for undeveloped land is often limited, and it may take months or even years to find a buyer independently. Securing bank financing for land can be challenging, which means you’ll usually need to locate cash buyers for your property. Doing so without investing in advertising can be quite daunting. Additionally, many land properties are promoted with owner financing arrangements, requiring owners to manage the task of collecting monthly payments over an extended period, with only small sums received each month.
- Opting to list your land property with a real estate agent or broker might lead to disappointment, as many brokers allocate fewer resources and time to selling land, which can be more difficult to sell and typically results in lower commissions.
Are there expenses involved in Selling my Land?
There are no charges for listing, advertising, or any other expensive prerequisites. We aim to simplify the process of selling land, and the best part is, we handle all the closing expenses!
Here is a breakdown of the usual expenses associated with selling a piece of land independently. You won’t have to worry about covering any of these costs – we’ve got them taken care of!
- Listing Charges
- Advertising Expenses
- Photography Expenses for creating a property listing
- Brokerage Commissions
- Title and Abstract Fees
- Escrow Charges
- Fees for Deed and Document Preparation
- Recording Costs
- Transfer Taxes
What if the title isn't clear and/or there are other names, liens, or encumbrances on the land?
- • We conduct an independent title examination, covering all associated costs, for each property in our acquisition process. Our research is aimed at identifying any potential title-related challenges. Please note that each case is unique. Our goal is to guide you through this process and offer assistance in resolving any title-related problems, should they arise. The specific approach for addressing these issues can vary based on the property’s location, state, county, and the particular circumstances involved. This may involve actions such as quieting the title, initiating probate proceedings, or exploring innovative solutions to rectify any title-related concerns.
What if there are back taxes or dues on my land property?
- Selling your land to us won’t necessitate any upfront expenses on your part. Any outstanding taxes or dues will be discussed and factored into our offer before reaching a final agreement. If there are any outstanding amounts owed for back taxes or dues, those sums can be subtracted from the ultimate closing price. In certain instances, especially when the back taxes or dues are minimal, we may take care of them upfront to streamline the process for you. The key takeaway is that you’ll never be required to use your own funds to sell your land to us.
What documents do I need to sell my land?
- When selling land, you’ll need essential documents such as the deed, property survey, and any relevant zoning or land use permits. Additionally, you’ll need to provide documents related to property taxes and any legal access agreements
What if I don't have a copy of my Deed to the Property?
- No worries! We will create a fresh deed for the acquisition of your land, eliminating the need for you to furnish a copy of your existing deed. We can typically obtain most, if not all, of the necessary documents directly from the county offices to finalize the purchase, so you won’t need to invest much effort in this regard.
