FAQs
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Most properties are resold to a future buyer, but some may be kept as a personal investment. We may partner with other land investors to purchase your property if needed.
We understand the sentimentality that lies within land, and therefore sensitivity toward your property and situation is a core value of ours. Depending on the property, we may decide to bring more improvements and restoration to the natural land, or we may just leave it in the same condition we bought it in.
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In general, land is illiquid and there can be a lot of inefficiencies when selling traditionally; we aim to eliminate that. You also have a buyer right here and now, if we agree on a price. Finding a brokerage and listing on the market can take quite some time, not to mention actually selling the property. This is especially true with raw land as you have a smaller buyer pool. My offers will be below market value, but the value you receive is simplicity. It’s quick and you won’t have to deal with real estate agent fees, which for land can be a 10% commission. On top of this, you will no longer have to deal with yearly taxes and up-keep expenses.
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It is virtually impossible to get scammed with the system we have in place. Since we solely work with title agencies, they do all of the work and handle the funds. If I don’t wire them the funds, they won’t give me the deed. I own a legitimate company that runs a legitimate business, and I’m definitely not the only land investor out there.
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From our experience, all together it’s about $1,500. However, this is split between both the buyer and seller, and usually the buyer pays the larger portion. Usually, we cover all the closing costs, but there are exceptions.