Selling Vacant Land in Washington for Cash
There are a variety of reasons why you might want to sell a vacant piece of land in Washington. Perhaps you bought a property with the intention of moving there, but your plans changed, or maybe you’re simply tired of paying property taxes on land you don’t use. Others sell vacant land to reduce their investment portfolio’s risk by diversifying into other assets with potentially higher returns.
Whatever your reason, selling to a we buy land company might be the right option for you. These companies purchase homes and properties for cash, which allows them to close on the sale much faster than traditional buyers, who often require inspections, appraisals, and more time to complete the transaction.
You can typically expect a “Cash Offers for Land in Washington” company to pay between 50% and 70% of the home’s fair market value, after deducting all repair expenses and holding costs. This is lower than the average home sales price in Washington, but it’s still a great way to get rid of your property quickly and easily.
The process of selling a property to a we buy land company usually begins with sharing basic information about the property with the buyer. Most companies will then send a preliminary cash offer, which may be below what you expect. However, it’s important to remember that these offers reflect only the average land prices in your area and not the unique features of your specific lot, such as views or proximity to a town.
After a thorough property inspection, the company will present you with a final cash offer that may be closer to your expectations. If you are satisfied with the final offer, you can accept it and close on your Washington land sale!
Once the deal is closed, you’ll receive your payment for the property and receive your deed from the county. Depending on your situation, you might choose to take the money immediately or you might want to wait and invest it in something else, such as another piece of land or even a new home.
Using an agent can help you avoid the headaches of the traditional home selling process, which can take up to 79 days from listing to closing. Our local agents will shop your property to the best We Buy Houses companies in Washington on your behalf and provide you with a professional home valuation so you can be confident that you’re getting a fair deal. Get in touch with us today to find out more about the process and receive a free, no-obligation cash offer for your property!