The Fastest Way To Sell Your Land
Most people believe that selling land is a tough task, but it is not.The method that you use to sell your land will determine how simple and fast you will be.
Selling land by on your own is probably one of the easiest ways as long as you have the right procedure.Below are some guidelines that you can follow while selling a house on your own .
Know the parcel number of the land in question .If you do not know the parcel number, you can visit your property appraiser .The parcel number shows important information such as the size of the land, how much it costs, the owners of the land, and a map showing its boundary lines .
Another very crucial thing to have is the tithe deed, as it will prove that you are the legitimate owner of the land.The title deed can be found online, and thus, there is no need to worry about this. Look at the information provided on the title deed and ensure that you are the landowner.
After identifying your buyer, you new to draft a purchase and sale agreement .It can be as long as one page as long as all the details are correctly indicated.The contract between you and the buyer is the purchase and sale agreement .
You do not necessarily need a lawyer to assist you in drafting the purchase and sale agreement .A purchase and sale agreement should have information such as the ones below .
The right parcel number of your land .It should also contain the names of the land’s legitimate owners as written in the title deed.Include the name of those purchasing your piece of land.You are also required to include the date that all the transactions should end.This will depend on the title company as well.
The purchase and sale agreement should have the purchase price.It should also include all the closing costs, including the insurance cost . Depending on preference, you can consult with your buyer as to how you will pay the closing costs.
The property taxes and who will be responsible for paying should also be indicated.To ensure that everyone is satisfied with the deal, ensure that you choose a title company.You should ensure that you choose the best title company that will give you the best deals.
Selling land on your own is recommended as it is very cost-effective.Do your research and ensure that you are informed before you go ahead to sell land on your own.Selling land does not have to be a very long and tiresome process.