Selling vacant land can be a viable way to turn your property into cash for a variety of purposes. However, it’s critical to choose the right buyer for a stress-free and hassle-free process.
The most qualified and experienced buyers will have closed thousands of land transactions. This extensive experience gives them unmatched insights into streamlining the transaction process for fast and easy land sales. They’ll understand the complexities involved in land transactions and know how to avoid common mistakes that can slow down and derail your sale.
When choosing a cash land buyer, ask about their acquisition criteria, valuation process, transaction history, costs and timelines. Also, look for a company that offers unique conveniences to make your sale as stress-free and easy as possible. Some of these include avoiding real estate agents, closing fees, hidden costs and other hassles associated with traditional land sales.
A good cash land buyer like Land Boss will be transparent about all costs associated with the purchase of your property, including closing fees, transfer taxes and other ancillary expenses. Most buyers will deduct these expenses from your final sales proceeds, which can significantly reduce your final payment. The best buyers like Land Boss: Maine Land Buyers will cover all standard seller closing fees and costs themselves without passing these on to you.
How long will it take for you to close on the sale of my property?
Many investors or builders marketing to land sellers take several months to evaluate, secure financing, negotiate contracts, obtain permits and close. Their business models may not work if you’re looking to sell your property quickly for cash.
Do you require utility access on the property before acquiring it?
Some buyers will buy raw land that doesn’t have utility connections. However, most will only pay for properties with reliable access to public roads or other infrastructure. If utilities aren’t available, you can consider negotiating access easements with neighbors or installing them yourself during development. This will significantly improve your offer price.