While, for some, moving forward in this year will mean leaving people and places in the rearview mirror, moving forward for many land owners will mean selling their land. Much like severing ties with an old boyfriend or girlfriend, or clearing out a garage full of never-to-be-used-again knick knacks, selling their unused and undeveloped land will be a way to start anew. With many regretfully conceding to the back property tax monster in the last few years, one of the most popular and beneficial ‘outs’ from land debt is to sell to a private land investor.
When selling to a private land investor like Lucas Properties, LLC, for example, most will be pleasantly pleased to discover that the sale not only yields a cash profit but, also, acts as a means to pay off land debt. That’s because, upon land transfer, all debts and liens are paid off by the investor on the behalf of the specified land owner. That, literally, means that, once the land is sold, the land owner has no financial ties—debt or otherwise—to the property that can hinder future financial plans.
Additionally, the time constraint, for this method is virtually non-existent in comparison to other methods of land sales. For example, where selling land on the Multiple Listing System can take months before success can be celebrated, selling to an investor guarantees a closing date within seven days. It’s an easy, hassle-free process that just might be right for you. So, as you set out to clean out the attic or prepare to plant your annuals, make a bold decision to clear out your financial debt and sell your land. It’s a great start toward a new tomorrow!
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