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Whatever type of land you own, one thing is certain: if your property isn’t making money for you, you’re probably missing out on a significant income stream that may help you pay off your mortgage or cover your annual property taxes. You need to figure out how to make the land pay for itself so…

Like buildings, land can have hidden issues that only a professional could spot. For example, the area may flood during storms or have poor soil quality. Thus making it challenging to build on.  That’s why land appraisals are an essential part of the real estate due diligence process. They can help you get a better…

Many people dream about owning land. Sometimes, however, you might end up with a not-so-ideal plot of land that you’ll want to sell sooner rather than later. Whether you’ve inherited a lot that doesn’t align with your goals or simply fell out of love with the property you’ve bought, selling can be the right solution.  …

How big is a lot of land is one of the most important aspects of construction. It helps you determine what type of building you can accommodate on it and plan on maximizing the land’s use. Moreover, knowing the size of the property enables you to define your boundaries and build a fence. The information…

  Selling land by the owner comes with significant benefits. By cutting out the middleman, you can potentially save thousands of dollars you’d otherwise pay to a real estate agent or broker. Moreover, you’ll have complete control over the sale process and you wouldn’t have to compete with other listings the agent has. However, this…

The land market is less saturated with offers, and fewer people are looking to purchase vacant land. So, the sales cycle for land is usually longer than for homes and has less traction. However, selling land fast is certainly doable with the right approach and tactics. You’ll have to attract a motivated land buyer who…

What happens if you decide to sell the land you’ve purchased on a mortgage? Can you sell part of your property on which you still haven’t paid off the loan in full?   Mortgaging a piece of property doesn’t change what you can do with it. Unless you owe more than your property’s value or your…

When you start thinking about selling your land, you must price it right. If a parcel of land is perceived to be overpriced, potential buyers will overlook it, and it will sit on the market longer than necessary. On the other hand, pricing the property below its perceived market value means you’re leaving money on…

  Did you know that it takes 52 days for the average purchase mortgage to close? However, when you factor in the time for prepping, marketing and negotiating with potential buyers, that time can jump to more than three months.  The alternative is to sell your land for cash. This can be a great option,…