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10 Reasons to Sell Land As-Is

Posted by acreagesale on December 20, 2021
Wholesalers (and retail buyers) usually prefer to buy land which has all the necessary permits and certificates already in place; however, if you want to sell land as-is, it may actually work out better for you! It all depends on what your goal is for the property.
You can sell the land with or without any improvements, sell the land as-is, or even sell the land before any construction takes place. No matter how you go about it, make sure you deal with a company who specializes in this type of transaction! Otherwise, you may end up losing money and time. Here are 10 reasons why selling land "as is" might be your best option.

1. No need to wait for permits or zoning approvals

If you sell your vacant land in its unimproved state, the buyer won't have to wait for any sort of rezoning or other special permission. The land will be zoned like it is already, making it easier to sell to potential homeowners who already know what they're getting.

2. Less chance of having issues with bad permits

Some properties which are built without the proper permits end up seeing fines and penalties from their municipality down the road. When there's a house on a property, cities and counties will often check that every aspect of the property – including septic systems – meets all of their regulations. They can fine you for violations even after a sale has been completed! Selling as-is saves you the headache and potential expense of dealing with bad permits.

3. Easier to sell in a hurry

A lot of people sell land as-is because they are in a hurry to sell the property - and don't have time for all the hassles which come with working on it, getting permits etc. If you think this might apply to you, make sure you deal only with a company who specializes in selling land as-is - or consult an expert first!
Sometimes developers will sell them off at a huge discount because they don't have time to hold onto the land until they can sell it again (or rent it out). Once word gets around that there is available land being sold very cheaply, other companies start sniffing around looking for opportunities too. This can drive prices down and endanger your long-term profits! If you need to sell your land quickly, selling as-is can be a great option. You won't have to wait for a buyer who is willing to build on the property – you'll find one who wants it the way it is!
This also eliminates the possibility that the buyer will back out of the deal after finding out that they have to rezone the land or get new permits.

4. No repairing or cleaning necessary

When you sell unimproved land, the buyer knows exactly what they're getting – there's no negotiating about repairs, since there aren't any! You don't have to worry about cleaning up years of accumulated rubbish, either – that's the new owner's problem.

5. Can sell for a higher price

Since you don't have to do any repairs or cleaning, you can sell your property at a higher price than you would if it were improved. This is especially true if the land is located in a desirable area.

6. Easier to find buyers

Because many people want to buy land that is ready for development, it can be difficult to find a buyer who is interested in raw land. Selling as-is makes it easier to find someone who wants what you have – no hassles, no headaches!

7. No need to worry about hidden problems

When you sell unimproved land, you don't have to worry about fixing problems that you can't see. You sell it "as-is" and get a cash buyer, meaning that the sale becomes official immediately!

8. Saves money and time on repairs and inspections

Even if you sell unimproved land with some issues, such as a septic system in need of repair or an unpermitted structure, these problems will likely be fixed by the new owner before they move in. This means you won't have to do the work yourself (and pay for permits and inspections) when you sell your property.

9. Easier to sell overseas

Some people who want to invest in United States real estate look for vacant land because it's easier to sell overseas. Although there are some overseas buyers interested in developed properties, vacant land is generally easier to sell and more desirable for those living outside of the country.

10. Easier to sell as an investment

Vacant land that is zoned for development makes a good investment for many people – you can sell your property without having to fix it up or clean it up first! You benefit from being able to sell quickly, often receiving cash money with no strings attached.
Don't sell yourself short – if you have unimproved land, consider selling land as-is so you can get cash now! Selling your property this way may yield a large profit down the road – rather than waiting on someone who wants to build their dream house, sell to someone who wants your land the way it is. These are just a few reasons why selling unimproved land can be a great option. If you're ready to sell your land, give us a call!

At Agreasale we specialize in the sale of unimproved land. We understand that there are many reasons why you may want to sell your property, and we're here to help make the process as easy as possible for you. Thanks for reading! We hope this article has been helpful in explaining some of the reasons why people sell land as-is. If you have any questions or would like more information, please don't hesitate to contact us! And be sure to check back soon for more helpful articles.

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