FAQ

Sellers often underestimate the nitty-gritty that goes into selling vacant land. Selling vacant land is very different than selling a house. With a house, the only thing that needs analyzing is the condition of the house becasue the original owner already got everything approved to build. With vacant land, who knows what will or will not be approved! Buyers do not want to shell out hard earned cash to later find out their dreams cannot be fulfilled with their purchase of your land. As such, they drill you for answers about your land. Below are a list of many of the questions that get asked:

1. What is the zoning?
   1. What is the zoning code?
   2. Is it in a flood zone?
   3. If yes:
      1. What is the FEMA code?
      2. Will the county allow a structure with plumbing?
   4. Can you camp on the property?
   5. Are horses allowed?
   6. What type of building can be built?
   7. Are RV’s allowed?
   8. Are mobile homes allowed?
   9. Are tiny houses allowed?
   10. What is the school district?
2. Is it buildable?
   1. Can you build a tiny home?
   2. Can you build a manufactured home?
   3. Are there minimum size requirements?
   4. What are the building set-back requirements?
   5. Are there any draining issues?
   6. Were permits pulled and when?
   7. Is it cleared?
   8. What is the terrain?
3. Size
   1. How big is it?
   2. Has it been surveyed and pins set?
   3. Can it be subdivided?
      1. How small?
   4. Zoning approved?
   5. HOA approved?
   6. What are the GPS corner coordinates?
4. Easements:
   1. How do you access the land? / Is there an access easement?
      1. Do you have approval from each land owner all the way to the county road?
      2. Is there a scenic view easement?
      3. Are there utility easements?
      4. Any other easements?
      5. Do the neighbors have any easements against the property?
      6. Any legal disputes?
5. Adverse Possession?
   1. Anyone using the property for access?
   2. Anyone using the property for business/personal use?
      1. If yes, how long?
      2. Can you confirm?
6. Do you own the mineral rights?
   1. If not, has the mineral right owner come on the land to access the minerals?
   2. Contact info for the mineral right owner?
7. Do you own water rights?
8. What road maintenance obligations are tied to the property?
9. Utilities
   1. Is there electricity on-site?
      1. If not, how far away and where?
   2. Are there phone and fiber optics on-site?
      1. If not, how far away and where?
   3. Are there natural gas lines in the area and accessible?
      1. If not, how far away and where?
      2. Who is the local propane provider?
   4. Is a well allowed or would it be connected to the city/community water?
      1. Were permits pulled and when?
      2. If on community water… Are there water taps available?
      3. Are you on a shared well and have a shared well agreement in place?
         1. If not… be prepared to have to get a shared well agreement compiled, signed and recorded before selling!!
   5. Will this property be connected to sewer or septic?
      1. Were permits pulled and when?
      2. If installed, who did the work?
         1. Are they licenced?
         2. What is the warranty?
      3. Are you on a shared septic and have a shared septic agreement in place?
         1. If not… be prepared to have to get a shared well agreement compiled, signed and recorded before selling!!
   6. Is the property in an HOA or have covenants?
      1. What is the contact info for the HOA president?
      2. How much are HOA dues?
      3. Are horses allowed?
      4. How many pets are allowed?
      5. What type of building can be built?
         1. Two story?
         2. # of garage stalls
         3. Design
         4. Paint colors
         5. … etc etc etc…. this list goes on and on FOREVER!
      6. Fences
      7. Are RV’s allowed?
         1. If yes, is there a time restriction?
      8. Can you camp on the property?
      9. Are mobile homes allowed?
      10. Are tiny houses allowed?
      11. Are solar panels allowed?
      12. Does HOA allow rentals?
          1. short-term rentals?
   7. Can you run a business from the property?
      1. What are the restrictions?
      2. Parking limitations?
10. How much are the taxes each year?
11. Is there toxic waste on-site?
    1. Is it in the superfund area?
12. Are there noxious weeds?
    1. Have you remediated them?
13. What are the neighbors like?
    1. Individuals? Businesses? Government?
       1. Friendly?
    2. Do they have a junk yard?
    3. Do they have bees?
    4. Do they maintain their landscaping?
    5. Do they maintain their buildings?
    6. Are they loud?

We strive to get an offer to you as quickly as possible. But at the same time, we want to make an offer based on your property’s current condition and your situation. Because of that, we typically don’t make an offer until we’ve had a chance to talk with you and understand the property. And trust us – it’s better this way! That way, we can give you a confident offer based on reality.

Here’s how our typical process works. We’ll first have a phone conversation with you to gather information about the property and see if we will be a good fit for each other. Then, after we do a little bit of research we’ll put an offer together for you. We typically have your offer ready within a few days.

Since we’re not buying your land to live on, we can work on your timeline. Need a few months to get moved to your new place? We can handle that! On the flip side, if you need to close very quickly for some reason, you’ve come to the right place! We will do all we can to meet your timeline.

This is kind of a silly question when it comes to vacant land. Typically vacant land it just that… VACANT! However, sometimes people call us with sheds, wells, septics or even homes/mobile homes on the land. WE BUY THESE PROPERTIES TOO! If you have land with structures on it, do not fear… This is one of the biggest benefits of working with us. We will never ask you to make repairs when you sell to us. Compare that to a retail buyer that knit-picks every detail of your property and comes to you with a long list of repairs.

Depending on the age and condition of the structures, we might hire an inspector for due diligence. However, this is only for our reference so that we know what we need to repair. You can be confident that you will not have to make a single repair when working with us.

Absolutely nothing! Instead of having to pander to prospective buyers, you get to relax and wait for closing day. If you’re living on the property, you will need to coordinate moving your belongings, but we can even help you with that if you’d like!

On top of that, we will handle all the paperwork and coordination to get to the closing table. We have a great team, including a fantastic title company, that will make the sales process extremely smooth for you. When we say we’re a full-service real estate company, we mean it!

That depends on the location, features, and size of the land as well as the deal we structure with you. But here are some of our most common uses for properties we buy:

• Hold for long term
• Construction projects
• Farm lease
• Help people that can’t qualify for a loan, such as business owners, to own a piece or America
• Re-sell at future date

The primary benefits of a cash offer on your land are convenience and simplicity. Transactions are way more complicated when a lender is involved because they often have special requirements that must be met. Not to mention that lenders won’t approve a loan on certain properties. A cash offer cuts out all of these requirements and gets you what you need, money in your pocket in the shortest time possible.

The definition of a cash offer is an offer with no financing contingency. Nearly all traditional offers involving a lender include a contingency based on the buyer’s ability to obtain financing. If they can’t qualify, they are allowed to back out of the deal and receive their earnest money back. This happens quite a bit with retail buyers. But that is another thing you don’t have to worry about when working with a cash buyer.

We understand that if we don’t make offers that work for sellers, we’ll never be able to buy land. Therefore, we do everything we can to give you an offer that works for you. We work hard to control our expenses so that we can pass some of those savings on to you.

Ultimately, we base our offers on what it is currently approved for and we can do with it.

We charge zero fees! When we make an offer, the price you see is the price you will get at closing. The only exception to this is a typically small tax protation. You pay for the tax on the property up to the day of closing. Depending on your county and how taxes were paid this could either be a credit or a debit on your bottom line.

Compare that to selling your land on the market. First, agent fees can be 6-10% of the sales price. Also, closing costs can be several thousand dollars if the buyer asks you to pay them. Lastly, retail buyers often have a huge laundry list of questions they want you to answer and possible resolve which can potentially cost thousands of dollars.

You won’t have to worry about any of these fees when you work with us. We don’t charge agent fees, we pay your closing costs, and we take care of the due-dilligence. These perks alone can save you tens of thousands of dollars!

We understand that this might be one of the top questions on your mind. Several factors go into each offer that we make on land. The most important considerations are the location, size, condition, features, and what we plan to do with the property.

We take all of these things into account and work to calculate an offer that will work for everyone. We consider your near-term plans and try to structure our offer to help you meet them!

Real estate agents specialize in listing properties on the MLS (Multiple Listing Service). Instead, we will actually be the ones buying your land! When you work with us, you won’t have to worry if someone will make an offer on your land or not because we’ll personally give you one. Also, you won’t have to wonder who is buying your land because we’re your buyers!

Although many people confuse agents and investors because they are both involved with real estate, their roles are quite different. If you are okay with getting your property list ready and researching all the nitty-gritty questions you will be bombarded with, accommodating multiple showings, and dealing with the entire traditional sales process in order to find the highest offer out there, listing your land with an agent might be for you. However, if you prefer to skip the hassles and get a fair offer for your land immediately, we can do that for you!