Do you own land in Arizona? Liquidating the property doesn’t have to be a long and drawn out process. When you need to sell land fast in the Arizona, our team is ready to buy!
Selling your land in Arizona can be a quick and easy process! However, there are some things you should know before hanging up your “for sale” sign. Working with a direct buyer such as Investment Land Alliance will make the process of selling your land simple and fair. When you work with us to sell land in Arizona, we will help you navigate the following pitfalls.
Future Development
The value of your land can be severely impacted by future development in the area. Things like schools, big box retail, and the rise of nearby housing developments can all impact what your land is worth in Arizona. Make it a point to stay on top of the real estate market in your neighborhood. Always know about future development as well as how home and land values are being affected. If the shows that values are rising, make sure that you share this information with potential buyers.
Building Restrictions
Before putting your land up for sale on your own, you need to make sure there are no building restrictions on the land. Soil condition, flood zones, endangered animals, and zoning can all have an impact on what you are allowed to do with your land. You’ll want to let potential buyers know of any hurdles they will have to face when building in Arizona. While it’s the buyer’s responsibility to do their due-diligence, you don’t want to have to deal with an angry buyer who isn’t able to do what they want with the land.
Development Costs
How much would it cost to develop the land yourself? In some markets, you are able to build a house or other structure cheaper than in others. Doing this can be risky, as you have no guarantee of return. However, if the development costs are low, and you are able to sell high, big profits can be made. Make sure to consult with construction professionals, your accountant, and your lawyer before breaking ground in Arizona.
Property Potential
Do you know the highest and best use of the property? Your potential buyers will want to know. If you want to capture buyers attention, let them know what could be. Take a look at what is happening in the area and consult a professional to give you a better idea of what can be done with the land. You can even have professional renderings created showing what a house, commercial building, or other structure would look like on the land. Sometime your prospective buyers will need some help using their imagination to see the true potential of the land.
Who Your Buyers Are
People buying land in Arizona have all sorts of needs. Some are looking to build a second home or cabin while some want a scenic place for camping, hunting, or RV’ing. We’ve even had some clients come to us with a more creative idea for the land, including a place to watch for UFO’s. When thinking about the land you want to sell, which kind of buyer do you think you are most likely to attract?
Not everyone is in the market to buy land. It can be much more difficult to find a buyer for your land in Arizona than it is to find a buyer for a house. Investors don’t always show interest in land as they are looking for something with a faster return. This can make selling the land yourself a frustrating and time-consuming experience. But we can help. So if you’ve ever thought, “I really want to sell my Arizona land fast,” just give us a call!