Friday, March 2, 2012

Farmland and Ranches and Lakes, Oh My!

Here’s a question that not many land owners have had the privilege of asking themselves. Yet, to those who can, it’s a problem for which there is a quick and viable solution. And that question is (drum roll, please), “What am I to do with all of my land?” And by all, that means the three rural acres in Kentucky, the oceanfront parcel in Florida, the ranch in Arizona, and the suburban lot in upstate New York. No doubt about it, you’re a national traveler who has had his fair share of land development plans that didn’t pan out, for one reason or another. Nevertheless, that’s not the end of the story for you or your investment. Though, you may not have the time and attention to give to the sale of each individual parcel of raw land that you own, you can still sell your land quickly and without stress on your quest to make a profit.

Selling your land to a private land investor has many, undeniable perks. They include the fact that you can sell all of your land to one investor—completely avoiding the constraints that traditional sales often place on your time. Sales to an investor will generally only yield you a profit of 5% to 25% of the fair market value of your land; however, it will come to you as actual cash! If you owe debt on your land(s) in the form of back property taxes or liens, for example, those notes will be paid in full on your behalf by the end of the sale. Those are three major advantages over FSBO (For Sale by Owner) and the MLS (Multiple Listing System) that land owners all over the country are jumping for joy about. And the fourth? Well, your closing date for each property would be within seven days or less of your decision to sell.

If you have questions about selling your land or what to take the first step, contact Lucas Properties, LLC for more information.

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