Investment Land Alliance: Common Questions We Get From Sellers

Our team at Investment Land Alliance specializes in buying real estate throughout Arizona and the Southwest. There are no commissions or fees and no obligation whatsoever. We do everything in our power to make the process as quick and easy for sellers as we possibly can. After years of buying real estate, we’ve found there are a handful of common questions we get asked.

In our latest video, Jeff answers those questions and gives potential sellers some great insight on what things you’ll need to have ready when you want to sell your land.

Investment Land Alliance: Common Questions From Sellers

From the video:

Hi, this is Jeff with Investment Land Alliance. And I just wanted to touch base on—a lot of times we get properties, and we’re buying properties from sellers, and they ask, “What do I need to supply you with? What kind of information do you need from me?” 

And the biggest thing, of course, is going to be the APN, or the Assessor’s Parcel Number, just the parcel number. And that’s going to be the number that the county assigns to every single property so that we can look it up and they can look it up in their files. And so we absolutely need that. 

And then from there, a lot of other useful information when we’re doing our research is going to be: Are there any liens or encumbrances on the property? So, are there any back taxes on the property? If it’s an HOA or a POA, are there any back dues? In an HOA, what are the transfer fees? And what are the monthly or yearly dues associated with that? Was there ever a loan on the property? Was that paid off? And so that’s all really good information for us to have when we’re doing our research. 

Some other things that are important to know are: 

1) The current use. So is it just being used as raw, vacant land? Is there a, is there a farm on it? Is it being used as a mobile home? Or just what the current use is, if anything. 

2) The zoning is nice. Most of the stuff is going to be rural and residential or just vacant. 

3) And then if there’s anything on the property. So one, if you have done anything to the property to improve it. For example, a fence line around it, or septic, or brought power in, or there’s solar, or maybe there’s a tank or a shed or something on there that’s going to be useful. 

And then also we’d like to know if there’s stuff that’s on there that maybe shouldn’t be, like an abandoned mobile home or an abandoned car or the neighbor’s junk is spilled over into the lot. So that’s all stuff that is important to us. And then of course, we always do our own research and then probably would have more questions for you. I just want to touch on that as we get a lot of questions from our sellers and people interested in selling land, what they should be supplying people with and answers they should have ready. 

Again, our website is ILAbuys.com and if you have any other questions, we’d love to talk to you about it. Thanks.

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