A New Year: Is it Time to Sell Your Bare Land?

A New Year: Is it Time to Sell Your Bare Land?
Beth:
Happy New Year! Hi, I’m Beth with The TB Properties Buys Land. Did you receive a Happy New Year letter in the mail from your local tax assessor’s office asking you to pay your property taxes on your rural vacant land? I bet you did! For a lot of property owners, it’s that time of year when your property taxes are due. In general it is that time of year when we tend to reflect on our New Year’s resolutions, what our goals are for the next year, who we want to be, and what do we want to accomplish. But as we receive that tax notice in the mail alerting us of our taxes due that are due, it’s time to evaluate, are we getting the best use out of our property? That’s a great question. If you own vacant land that you’re not utilizing and you have property taxes that are due, is it finally time to sell?

If you are considering selling your bare land, you are welcome to reach out to us at TB Properties Buys Land for a free quote in which you will be paid cash for your property quickly. What can you do with that money that you’re paid from an investor like TB Properties Buys Land? Are the proceeds from your land sale something that what you can put into your savings? Can you use it to save for your child’s college tuition? Do you have a debt that needs to be paid off? These are things that you might want to ask yourself. Do you have a better use of these funds you spend on property taxes every year? When considering selling your land to an investor, it’s important to make sure that you are going to get paid in cash and that you will close quickly. You want to make sure they will buy your property from you and not string you along, trying to sell your property before you even sell it to them.

It’s also important to make sure that you’re closing through a local area title company, one that’s licensed to transact within the county where your property is located. Here at TB Properties Buys Land, it’s really easy to work with us, or at least I think it is! Please feel free to reach out to us across a phone call, email, or through our website. All we need is the county where your property is located, and we need a parcel number or an APN. That can be found on your property tax bill. If you don’t have that, maybe you’re selling inherited land and you don’t have that information readily available. Sometimes we can reverse lookup with the name of the property owner.

After that, we will give you a quote. Once we agree on a price, we’ll get you a very simple one-page purchase agreement for your review. It spells out the property that we are buying, all closing costs so that you know the price that you’re going to get at the end of the transaction, and the title company we’re going to work through. If you happen to have a title company that you prefer, we’re happy to work with them as long as they can do business in the county where the property is located. Closing through Title allows you to be certain that you’re going to get paid. This is due to the fact that when closing through Title, we have to pay title first and then the title company will pay you directly, so there’s no concern about a check bouncing or you’re not getting paid for your property. Unlike some other investors, TB Properties Buys Land does not work with local notaries and we do not do self-close. It might take a little bit longer, three to four weeks through a title company, but at least you know for sure that you’re going to get paid and you know the paperwork’s going to be right.

Once again, Happy New Year to all of you out there. If it’s time for you to sell your rural vacant land or help a loved one do so, feel free to reach out to us. We’re happy to work with you and look forward to hearing from you. Thanks again.
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