5 Things You Should Know Before Selling Your Land In Georgia

Do you own a parcel of raw land in Georgia? Liquidating the property doesn’t have to be a long and drawn-out process. When you need to sell land fast in the State of Georgia, our team is ready to buy! 

Selling your land in Georgia 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 Global Abundance LLC will make the process of selling your land simple and fair. In this article, you’ll find out more about how easy it can be!

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 the State of Georgia. Make it a point to stay on top of the real estate market in your neighborhood and surrounding areas. Always know about future development as well as how home and land values are being affected. If you’re aware that values are rising, make sure that you share this information with potential buyers. You want to be mindful of the path of growth when selling your land in Georgia.

Building Restrictions

Before putting your land up for sale, you need to make sure there are no building restrictions on the land. Soil conditions, 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 a structure on raw land in Georgia. 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 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 on a house in Georgia.

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 the buyer’s attention, let them know what could be. Take a look at what is happening in your neighborhood 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, or multi-family property 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

Only specific people are typically looking for land in Georgia. There are those looking to buy and hold or flip. There are those who want to buy and develop themselves to rent or sell, and there are those who want to build their dream home on a piece of land that they picked out. 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 Georgia than it is to find a buyer for a house. Investors don’t always show interest in raw land as they are looking for something with a faster return. And not everyone is up to the task of building a home on their own. Even if you don’t ever swing a hammer yourself, managing the process can be a bit overwhelming.

Selling your land in Georgia can be a simple process! Contact us today for more information! (800) 953-2124

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