A number of reasons could lead you to sell land in North Carolina. Maybe you have inherited property you don’t want or need, or the property is too far away from where you live to enjoy. Or perhaps you bought land with the intention of building a home, but the market didn’t develop as expected and you’re stuck paying annual property taxes on an empty lot. Whatever the reason, selling your land for fast cash is a great way to get rid of it and avoid wasting money.
Cash buyers are able to buy properties with little to no delay and close the transaction as soon as you’re ready. They are experienced investors who understand the unique requirements of selling land and can quickly evaluate its value. They also don’t need to conduct inspections or appraisals which can often delay the sale process. As such, they can typically offer you a fair price for your land.
Working directly with a cash buyer is the quickest and easiest way to sell land. However, it’s not for everyone. Some sellers prefer to work with a real estate agent, especially if they have a good relationship with their agent and are comfortable with the extra time and costs that come with listing their property on the MLS. Others don’t mind the extra time and prefer the flexibility of a direct sale, which is sometimes possible with iBuyers or we buy houses companies that can connect you to local investors who are willing to buy your land for cash.
Some of these solutions are specialized in buying land, while others can purchase almost any type of real estate. For example, a company that buys houses will likely only purchase residential properties, while a land-only cash buyer may only be interested in agricultural and recreational property. If you have a specific type of property in mind that you’re looking to sell, it’s important to find a buyer who is familiar with your area and specializes in purchasing it.
The main reason people choose to Fast cash for North Carolina land sales for fast cash is because they need or want to avoid property taxes. They can’t afford to keep paying on a piece of property they no longer use and are tired of the hassles of owning it, such as maintaining it or dealing with unwanted trespassers. Others may have bought land with the intention of developing it, but plans change or they find themselves too far away from their property to be able to make any progress.
When selling land for fast cash, you can usually expect to receive about 70% of the property’s value after closing. However, if you’re not in a rush and are comfortable with the extra costs of selling on the MLS, you can potentially get up to 100% of the value of your property. Moreover, you won’t have to pay any real estate commissions or fees when selling for cash. This is a much faster and easier option for many people than waiting around for a buyer to appear on the market.