Co-ownership of a property allows participants to purchase real estate that would otherwise be beyond their means. You can approach co-ownership a number of different ways including working with a business partner or joining with close friends or family members to invest in more property than you could afford on your own. That said, when working with other buyers, make sure you’ve agreed on an exit strategy at the time of purchase so that you have no issues arise over selling a co-owned property. If you are a co-owner of a property and you are ready to sell, read on as we explore what you should know about selling a co-owned property in Arizona. Please note that this article is for informational purposes, not financial or legal advice.
Suppose you are considering listing your co-owned property in Arizona on your own to save the real estate commissions. First, you should know that only about 11 percent of FSBO listings are successful. Whether you sell on your own or enlist a licensed real estate agent, marketing expenses typically include professional photographers to help earn the highest possible profit on the sale. Suppose you are not interested in putting in the time, money or effort to ready the property. In that case, you should know that professional buyers like those at Investment Land Alliance buy property in as-is condition for cash. Finally, suppose you are considering paying an agent’s commissions because you want to work with a professional to assist you with the sale. In that case, it is helpful to know that professional buyers at Investment Land Alliance never charge commissions or brokers fees.
It’s essential to understand the ownership category the property is under and how it may affect the process moving forward. Professional buyers like those at Investment Land Alliance can help you understand the advantages, disadvantages, and considerations, and how they may affect the sale. You will save even more money when you work with professional buyers at Investment Land Alliance because you won’t pay any closing costs or other professional fees. The amount your professional buyer fromInvestment Land Alliance offers is the amount you will have in-hand when you leave the closing table. At Investment Land Alliance, we don’t pressure you into a sale, and if we believe it’s best in your circumstances, we’ll advise you to list with a licensed real estate agent.
Investment Land Alliance
Selling a co-owned property in Arizona doesn’t have to be complicated. You will have the details of how much you’d earn by listing vs. the offer from Investment Land Alliance, which you’ll agree is fair. At Investment Land Alliance, we believe in total transparency, so you will feel good about working with us long after the transaction closes. We are your neighbors here in Arizona who live and work alongside you, and we’re proud of our work. The professional buyers at Investment Land Alliance have the power of cash backing our offer, and they can provide you and the other owners with a guaranteed closing date, often within a matter of days, or we can work out the time that suits your plans best. At Investment Land Alliance, we aim to make selling a co-owned property in Arizona quick, easy and convenient. Call Investment Land Alliance at 480-779-8444.