Reasons Why You Should Sell Your Land

Landowners often ask themselves whether they should sell their land. There are several reasons and considerations why owners sell their land and it is not always an easy decision. To get started, here are some of the reasons why it may be a good idea to sell your land.

No Use for the Land
Did you buy the land as an investment? Did you just inherit the land? If you find that your reason for buying or having the land is no longer important then it might be good to sell it. People inherited land all the time; sometimes even from people who they did not even knew they were related to. If you have acquired the land via inheritance and you have no use for it or you realize that you have too much real estate in your portfolio then it’s a good time to sell that piece of land. Unused land without revenue is just going to cost you tax money. Alternatively, when you sell it you’ve got yourself a chance to earn a good profit.

Don’t Have Enough Money to Finance the Land
You have inherited a piece of land but you don’t have enough money to develop it then it is good to sell it to someone else who can put it to good use. By selling the land you can earn easy money and at the same time give somebody else a break in the process.

Other Plans for Investment
Real estate is not for everyone so if you have a piece of unused land and you need money to finance other projects then it is high time to put your land into good use. Sell the land and have the funds to finance your other projects.

Whatever your reasons for selling the land, it is without a doubt that you will earn money in return. How to sell your land? You can sell your land in many ways: for sale by owner, in an auction, through a real estate agent or to a private land investor. However, if you want to sell your land quickly then a private land investor is the only way. Contact Lucas Properties LLC and get cash from your land immediately.

Sell Your Land, Property Selling Process

People sell land for various reasons; to earn cash, to avoid foreclosure, to get rid of unwanted property, and so on. There are also different ways on how to sell your land. Whether you choose to sell your land by FSBO (for sale by owner), through a real estate agent, in an auction, or through a private land investor there are processes involved and documents to be prepared. The land selling process starts from property evaluation, selecting an agent, coordinating with a solicitor, marketing your property, showing your property, accompanied viewings, receiving offers, offer agreed, and closing the deal. You may or may not go through all these process as you choose your way in selling your land.

Take a look at each process involved and choose the best way to sell your land quickly. 

• Property Evaluation. It is important in deciding how much you are going to sell. In as much as you would like to get the highest possible amount for your property, you will not want to overprice or your will not sell at all.
• Selecting an Agent. FSBO and selling through a private land investor do not require this process because you won’t need an agent. Selecting an agent means selecting a realtor or selecting an auctioneer to help you sell your land. 
• Coordinating with an Agent. The success of your sale is dependent on how good your relationship is with your agent.
• Marketing Your Property. You do not need to market your property if you choose a realtor or auctioneer. This is part of their job but then you need to make sure that the realtor or auctioneer you have chosen has a wide target market to ensure a successful sale. 
• Showing Your Property. Buyers like to see what they are going to buy. Make sure your land is presentable for showing. Outline the property boundary by putting visible markers or post. 
• Accompanied Viewings. If you have a real estate agent, you do not need to be available during viewings. Your agent must be able represent you and answer any possible question the prospects might have.
• Receiving Offers. Once an offer is received, your agent will notify you in writing and in person. Details of the offer will be stated in writing for further review. In an auction, as soon as the auctioneer hammers down, the offer is deemed final.
• Agreement and Closing the Deal. Once you and the buyer are in agreement, your agent will draft the contract and other documents necessary to close the deal and exchange of contract. Successful sale concludes when both parties sign the agreement.

Selling your land may take some time considering the processes mentioned above. The only exception is through a private land investor. With private land investor, you still need to evaluate your property to know how much it is worth. Then, contact a reputable private land investor, like Lucas Properties LLC, accept their offer and close the deal. It is a fast and easy way to sell your property.

For Sale by Owner vs. Private Land Investors

Home owners have two ways to sell their property that doesn't involve paying out huge commission to a real estate agent. They have the option to choose the FSBO route or sell the property to a private land investor. If you are one of those who plan to sell your home, you might want to take a look at the details below before you decide which way to go.
FSBO or For Sale by Owner is when you, the seller, decide to market the property without the help of a real estate agent. In FSBO, you will take care of all the processes involve in selling the property starting from putting it in the market up to closing the deal. Putting the property up in the market is the first step and if you are lucky prospects will reach out to you to check out the property. Before you even put your home up for sale, you need to make sure that it is going to be available for showing all the time. Buyers who will find your property inaccessible in their convenient time will more likely skip your home and move on to the next. They may come back at a different time or you may have a different buyer but then you may have already lost a chance.
In showing your home to prospects, try not to be in their way. Prospects may not like the idea of somebody who is watching their every move as they go from room to room. Prepare to answer any questions they might have but do not be overly proactive in offering the information. Make your house presentable if you know someone is coming. Remove clutters and unnecessary furniture or décor. Do not leave empty glasses on the tables and neatly stack newspapers or magazines. You can freshen up your home by putting up fresh flowers or natural scents. Heat water with a drop of vanilla or slices of lemon and let the steam spread out. Do not use strong air fragrances as prospects might find those offensive. If you own a pet, include that information in the listing to warn prospects. If they decide to visit your home, keep your pet from running around or have someone walk your pet out for the time being.
Alternatively, you can sell your home to a private land investor. With private land investors, there’s no need for multiple showings, no property listings, not even cleaning your home if you don’t have the luxury of time. It will be quick and easy sale. So, if you need cash right away, you might want to sell your home to a private land investor. Contact Lucas Properties now and get help immediately.

For Sale by Owner: What are the Necessary Documents?

The most important thing to consider for the majority of home sellers is whether they can sell their home by themselves or whether they need a costly real estate agent to process the sale. There will be advantages and complications for each choice. If you choose to sell your home by yourself, you will get more of the sale from your home because you don’t have commissions to pay. The setback is if you sell your home on your own you will be accountable for finding out and following all the steps and requirements associated with selling a property.

Probably one of the most intimidating reasons for selling your home independently is the paperwork. You might just find yourself asking if you have the appropriate documents much needed for selling your own home. Apart from the real estate forms that pertain to the actual sale, there are other papers you need to secure. These documents are required even before you decide to put your house available for sale. These documents are:

Financial records – Show this to the buyers so they would be fully aware of the pending obligations for the property. This also serves to verify the fact that the property is under your name which means you are authorized to sell it.

Legal Property Description - the legal profile of your estate is disclosed on certificates of titles, warranties, and even quick claim deeds. In any situations where your property is mortgaged and now you have given up the original sets to the bank, you need to have photocopies on file.

Seller’s Disclosure – This is a list of all the fixtures in your home. You can have check boxes indicating the status of each item such as functional, not functional, and not available (in case you are taking it with you). You can consult a professional if you are not sure whether the item is still working or not.

Home-owner’s By-Laws – (if applicable) If you live in a subdivision which is ruled by a home-owner’s association, a copy of the by-laws should be shown to potential buyers.

In case you are unconvinced concerning what other documents you have to bring out or prepare for, you're free to meet with a pricey real estate agent or you can simply consult Lucas Properties LLC. With Lucas Properties LLC, you can sellyour home without having to prepare any of these documents. They will simply give you cash for your home.

Sell Your Home: You Finally Have a Buyer, Now What?

You have promoted your house for sale by owner, distributed flyers, listed your property in all available property listings and classifieds you can find and finally you have yourself a buyer. By the way, if you don’t have an offer in writing with a deposited cash or check, you don’t have a serious buyer. You should have at least a percentage of your asking price as a deposit.

Let’s say you have a buyer, who has agreed to sign the contract, where do you go from here? Many sellers feel lost when it comes to closing the sale and preparing the documents. If you are one of these sellers, here are some of the important things to consider:

• ·         Prepare a sales agreement and have it signed. If you don’t know how to outline a sales agreement, consult a real estate lawyer for a small fee. 
• ·         Once the buyer signs the sales contract, you should not settle back just yet. Make sure that your buyer is pre-qualified by a lender to buy your home. The buyer’s lender may and can appraise the property to make certain that the borrower is not requesting more money than the property’s market value. Oftentimes, the lender will not grant a loan when the house is appraised for less than the sale price. 
• ·         Keep track of your buyer’s advancement in acquiring a financing. If your buyer can’t get a loan, then there is no deal. If agreeable, call your buyer’s broker and check how things are coming along. Or, you can ask your buyer to provide a letter from his lender stating that he qualifies for a loan of the amount required to buy your property. If you will get an adverse feedback, it is advisable to get your home back in the market. You do not want to tie up your home for an extended period of time only to find out that your buyer does not have the funds to complete the sale. 
• ·         Obtain a home inspection report from a professional and show this to your buyer. This will help in completing the sale faster and could prove helpful if you need to dispute an investigation from your buyer’s lender.

Do you find these steps hard and time consuming? Do you simply wish to sell your house for what it’s worth? If your answer is YES, then consult Lucas Properties LLC. They will sell your house fast and offer you cash in return so you can just sit back and relax.

Finding a Buyer for Your Land

The cost of selling a property falls into three categories – preparation, selling fees, and conveyance. There is no fixed amount as to how much the entire selling process will cost, it will depend on the property itself and how you choose to sell it.

There are two options in finding a buyer for your land. You can find a buyer yourself or use an agent. If you use an agent, it will be more expensive however the agent will take responsibility for price negotiation, advertising and making face to face contact with potential customers. Finding the buyer yourself is a lot cheaper however you need to invest more time and effort to make all the necessary arrangements and deal with any possible problems.

If you decide to find a buyer yourself, you need to determine the asking price for your property. To determine the market value of your property, you can approach local estate agents who offer free evaluations or you can find about the price of land sales with similar features in your area. Once you’ve determine the asking price, you will want to consider advertising. Fortunately, you can advertise your property for free. You can make use of the property directories and classifieds which offer free listing. You can put a “For Sale by Owner” sign on the land itself or you can place ads in shop windows or any establishments where it is allowed. The advantage of this type of advertising is that your property will be advertised across a wider area of probable buyers but the setback is it could literally take years to sell your property.  That means more taxes on your shoulders and more ongoing maintenance. 

Selling your land through an agent can be very costly. All agents are looking for a commission regardless of the value of your property.  To meet this demand they will up the cost of your property causing it to sit on the market for a much longer period of time.

These two options can definitely help you sell your land. But, if you want to sell your land faster and with less hassle, you can check out Lucas Properties LLC. As private land investors, we will offer cash on your land in its “as is” condition so you don’t have to worry about advertising, schedule showings or paying commissions.

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.

For Sale By Owner May Not Be The Way To Go

Last year almost 25% of homes sold were done as FSBO (for sale by owner). You probably have heard others talking about selling their home on their own and it saved them money. And you considered doing that yourself. After all, by handling the sale of your house yourself, you won’t have a real estate agent commission, that will put more money in your pocket, right?

After you have tried the FSBO route with no luck, it may be time to consider selling to an investor. There are agencies with networks of real estate investors that are ready to buy properties for cash. There is no price negotiating. They come to you with a fair market value offer. There are no repairs or inspections to be done by the seller either. An investor has the experience and knowledge of the real estate market and knows what a property is worth and the cost of repairs in relation to the property.

If you don’t have a good knowledge of the real estate market, you probably won’t be able to make a fast sale on your own to the general public. The lack of experience and knowledge of the real estate market could lead to bad decisions. Investors know what they can do with a property before they make you an offer.

If you are behind on your mortgage payments and have foreclosure staring at you, you need to sell fast. The mistakes you can make in a FSBO process by not being fully informed about the real estate market can cause you to miss a window of opportunity to sell fast and at a profit.

By selling to an investor, you’re getting the cash you need to relieve yourself of the mortgage and give you a start to move forward and start enjoying your life again. If you have concerns and you need to sell your house fast, then finding an experienced real estate investor will give you a peace of mind and put more money in your pocket when all is said and done.

How Fast Cash Home Sales Offer Aid for Homeowners

Between the rising unemployment rates, declining economy and stricter lending practices, it is getting harder and harder for sellers to find buyers for their properties. Many buyers are either unable to qualify for a mortgage or are still weary of investing in real estate, so even when you have a equitable property for sale, you still aren’t getting any bites. Placing your house on the traditional real estate market for full “market value” can mean a long wait with no leads and often times, no sale at the end of a long selling season.
For many sellers, a fast cash home sale is a more appropriate game plan for selling a property. Most cash home sales are offered by real estate investors and investment groups. When you sell your house for cash, you can expect a speedy closing process, no additional losses due to realtor commissions and cash in hand to move forward with your life plans.
Sellers generally pay a commission to realtors for marketing their properties through the multiple listing service and other real estate advertising avenues. This commission can cost the seller a portion of their profits from the sale, not a pretty prospect when it is money that you need and that is why you are selling. If you list your house as “for sale by owner” and seek out real estate investors who are willing to purchase your house for cash, you can eliminate this additional profit loss due to commissions.
The best part of dealing with cash real estate investors is that the process of selling your home is fast. Closing generally happens within weeks instead of months. As a seller, you don’t have to wonder if your buyer’s financing is going to fall through or if you are going to have to negotiate for days over repairs. Most cash home buyers will purchase properties in “as-is” condition and they already have the cash available to purchase your home.
Most sellers quickly realize that the market is flooded with properties and they aren’t expensive ones either. Between the high number of foreclosure properties and REO properties hitting the traditional real estate market, one has to work pretty hard to make their home out shine the competition. Or you can take the easy road and sell your property quickly to a cash real estate investor.
It is always important to investigate any company who offers to buy your house fast for cash. Take the time to review their website and be sure that they are offering a legitimate solution to your problem. If there website only offers sales pitches, it is likely that this is not the right cash home buying company to go with. There are several reputable companies and private cash investors out there, make sure you don’t fall for a real estate scam by asking lots of questions and getting your offer in writing.

Stop Foreclosure By Being Realistic and Selling Fast

If foreclosure is in a definite in your future, you are probably realizing that you need to sell your house fast. Trouble is, in today’s buyer’s market making a home sale can take longer than average. Your first realization should be that you will have limited control over most factors in the sell my house fast process but knowing what you can do will have a positive effect on how fast you sell your house.

If you want and need to sell your home fast to avoid foreclosure, you have to price it to sell. Overpricing a property house will immediately loose the attention of a huge amount of potential buyers. If it’s priced too high, buyers that generally make lowball offers will likely pass it by thinking there is no way you’ll come down in price that far.

When it comes to the time where you have to sell your house fast, you have to realize from the get-go that you are not getting your equity back. Even if your neighbor sold last year and got a good profit, your situation is not the same. You are trying to avoid that credit stigma of foreclosure and need to sell your house fast to do it. Be proactive and apply for a short sale approval from your lender. Get that paper work started and in place as soon as possible. Your lender should tell you upfront the price will they accept for your property.

If you want to try your luck on the traditional real estate market then you will want to find a realtor that knows the foreclosure process and how to sell a house that is about to go into foreclosure quickly. They should be able to furnish you a comparative research of houses sold in your area in the past 30, 60, and 90 days. This will give you an idea of what price to list your house bearing in mind that the lower you go, the quicker you will likely make a sale. You can take the number from your lender and your market analysis and probably drop another 5% to achieve your ideal asking price.

Waiting for a house to sell on the traditional real estate market can take a long time and this is time that your lender is not likely to wait for their past mortgage payments. For this reason, many sellers opt to go the ‘for sale by owner’ route and attempt to market their property on their own. Another option to sell your house fast is to find a cash home buyer or real estate investor in your area who will make you a fair cash offer on your home.

It is important to have your bottom line number in mind when dealing with real estate investors. Before you make the call, make sure you have taken the time to review what you need to make in the sale to come out without the scars of foreclosure looming for the next seven years. Be realistic and even you can sell your house fast for cash.