What You Need to Sell Your Land: A Step-by-Step Guide
Selling your land can be a simple and straightforward process when you have the necessary information and documents ready. Whether you're new to selling land or looking to streamline the process, understanding what is required can save you time and hassle. Here's a comprehensive guide to help you prepare.
1. Know Where Your Land Is Located
The first and most important detail is the location of your land. Potential buyers or land-buying companies will need to know:
- The county and state where the property is situated.
- Any additional details about the land's surroundings or access points (e.g., near a highway, adjacent to a park, etc.).
Why It Matters:
This information helps determine the market value of your property and ensures accurate research during the buying process. If you’re unsure about the exact location, your property tax bill or deed should provide this information.
2. Provide the Parcel Number
The Parcel Number (sometimes referred to as an Assessor’s Parcel Number or APN) is a unique identifier assigned to your property by the county. You can typically find it:
- On your property tax bill.
- By contacting your county tax assessor's office.
- Through your local property records office.
Why It Matters:
The parcel number allows buyers and title companies to locate and verify the legal details of your land. It also helps with title searches and ensures the property description matches the land being sold.
3. Consent From All Owners
If there are multiple owners of the property, you’ll need to ensure that all owners are ready to sell. Here’s what to consider:
- Is the land co-owned by family members, business partners, or others?
- Does everyone agree to the sale and the terms of the transaction?
You’ll need written consent from all owners before the transaction can move forward. If someone is unavailable or unwilling to sell, this could delay or even prevent the sale.
Why It Matters:
All legal owners must sign the necessary paperwork to transfer ownership. This ensures there are no disputes later in the process.
4. Additional Information to Prepare
While the three points above are essential, having the following details ready can also help expedite the process:
- Property Tax Information:
- Access and Utilities:
- Survey Information:
- Existing Liens or Encumbrances:
Ensure your property taxes are up to date. If there are unpaid taxes, the amount owed will need to be addressed during the sale process.
Let buyers know if your land has direct access to roads or utilities like water, electricity, or gas.
If you have a recent property survey, this can help confirm the land’s boundaries and speed up the title insurance process.
Disclose any outstanding debts or liens tied to the property. These will need to be cleared before closing.
How We Make Selling Your Land Easy
When you sell your land to us, we simplify the process by handling the heavy lifting for you. Here's how we assist:
- Location and Parcel Research:
- Title Work and Consent Management:
- Quick and Hassle-Free Closing:
If you’re unsure about the details of your property, we can help locate your parcel using county records or other resources. All we need from you is the basic information.
Our team works with a trusted title company to ensure the title is clear and that all owners have given consent. If there are issues with ownership, we can guide you through resolving them.
Once we’ve verified the property details and all owners have agreed, we handle the rest—title searches, surveys (if needed), and closing costs. You’ll receive your payment quickly after the closing process is complete.
How Long Does It Take to Sell?
If all the necessary information and documents are in order, we can close the sale within 14 days or, on average, within 30 days. This timeline ensures that any title or consent issues are resolved efficiently without unnecessary delays.
Final Thoughts
Selling land doesn’t have to be complicated. By preparing key details like the location, parcel number, and owner consent upfront, you’ll be well on your way to a smooth and successful transaction.
If you’re ready to sell your land, reach out to us today. We’ll guide you through every step of the process and make sure you get a fair offer without any hassle. Let’s make selling your land easy!