Perhaps you’ve heard of the growing trend of people selling their parcels of land to private land investors. It has become a time saving way to sell property quickly and profit cash. It is, in fact, the easiest, hassle-free distressed property solution out there. And, based on a seller’s individual situation, the advantage can be more than the selling of non-sellable land; it can, in turn, eliminate their debt and/or decrease their financial responsibilities.
So, based on the expert practices of Lucas Properties, LLC, here’s the scoop on the benefits that you’d enjoy if you decided to sell your land to a private land investor:
Cash Sale – A private land investor will offer you cash for your land. Usually, it’s 5% to 25% of the fair market value of your land. This is especially ideal if you have not been using nor have plans to use your land.
Quick Closing – Typically, the sale of your land will be complete within seven days’ time.
No Closing Costs – Closing costs will be paid for you. You won’t have to pay anything out of pocket.
Debt Relief – Liens and back property taxes will, also, be paid for you. Additionally, you’d no longer be responsible for future taxes or land expenses.
With, at least, four significant advantages to selling your land in this way, you should consider that this might be a good choice for you!