Vacant land is a valuable asset that offers a solid investment opportunity. However, navigating the property selling process can be challenging especially for individuals unfamiliar with real estate transactions. There are numerous steps to consider including marketing the land, negotiating with buyers and closing the deal. The process can be lengthy and time consuming which makes it difficult to sell land fast in California. However, with the right preparation and streamlined sale approach, closing deals within a few months is possible.
The simplest way to make your land sale go faster is to accept all-cash offers from qualified buyers. Cash sales eliminate financing contingencies that can stall or even derail a land transaction. This type of financing also eliminates the need to obtain a loan from a bank. Often times, sellers who accept all-cash offers from qualified buyers Fast Land Sale in California- Land Boss will be able to close on their land sale within a few weeks.
Another key to a fast land sale is making sure the land is priced competitively from the beginning. This will help attract a larger pool of potential buyers and encourage multiple bids from interested parties. Also, make sure to disclose all known issues with the property and be flexible when negotiating. If you can’t find a buyer willing to pay your asking price, consider offering owner financing.
Placer County is an example of a county where selling land for cash is relatively easy. The average days on market in this county is 113 which is lower than many other counties in California. However, some of the longest days on market are caused by people overpricing their lots. This is why it’s important to research comparable vacant land sales in the area when pricing your property.
In general, most vacant land sold in the state of California takes 6-12 months to complete a sale. Typically, the time frame can be extended to years when buyers have trouble finding funding for their purchase. During periods when land values rise faster than regional norms, savvy investors may harvest the gains on their remaining ground positions and pursue new development projects.
Whether you’re in need of a quick land sale due to financial pressures, tax concerns or other reasons, the best way to sell a piece of vacant California land is by working with a company like Land Boss. These companies are specialized in buying land directly from owners, providing a streamlined process for a fair cash offer.
If you’re ready to sell your vacant land in California, contact Land Boss today. They’ll be happy to walk you through their streamlined process and provide a fair cash offer for your property. They’ll handle the entire process from start to finish. Just fill out the form on their website to get started! They’ll send you a quote and schedule an appointment at your property to assess it. From there, they’ll handle the rest of the paperwork and close on your deal in a few weeks!