Why do we pay cash for unwanted real estate?
- The fact is this happens all the time. There can be any number of reasons why property owners have unwanted real estate. Sometimes there’s been a life change, such as a job transfer or an inherited property that becomes a burden. Other times people simply get tired of paying property taxes.
- Whatever the reason, people sell their unwanted property based on their unique circumstances and motivations. We’ve helped sellers resolve all kinds of challenges.
- We pay cash because it’s the only way to get most of these deals done. Banks generally do not lend on land. Besides, would you rather sell to someone that needs to get a bank loan or someone who’s paying cash?
Will Land Branch pay for my back taxes?
Many landowners simply get tired of paying taxes on their unwanted property. In fact, this is one of the biggest reasons owners sell to us. We can also buy your land if it has outstanding property taxes, as long as the back taxes are within reason. We will discuss any back taxes owed when we present our offer.
Why don’t real estate agents like to list land?
- Many sellers come to us after they tried listing their land with real estate agents. Most agents don’t want to get involved in listing land due to the smaller commissions. They’d rather focus on larger transactions (big houses) that pay higher commissions.
- We are not real estate agents. We don’t want to list your property. We want to buy it. So you won’t have to pay any sales commissions when you sell directly to us. We are buying your property as an investment. There are no agents involved.
Why did I receive a letter?
You may have received a letter from us in the mail. If so, it means we’ve researched your property and it fits our buying criteria. Please contact us. We really do want to buy your property.
What is the best way to contact Land Branch with questions I have?
Since the owner of Land Branch (Layne Tapper) is an international investor, the best way to contact him is by e-mail, voice mail (see phone number in contact information), or by signing and sending the document you received back by regular mail or e-mail. Layne will personally return all messages within 24 to 48 hours.
How long does it take to get paid?
- If we use a mobile notary closing process (no title company), it is much faster than closing through a title company. We can usually get notary closings done within a few days.
- If we use a title company: once we reach an agreement we forward the signed Purchase Agreement to the title company. The title company researches the chain of title by reviewing information at the county and starts preparing to close.
- Title company closings can take anywhere from a few days up to a few weeks. If the title company finds something that must be resolved in the chain of title, it can take longer.
- Once the title is clear and the title company is ready to close they mail out the final closing documents to you. When you sign and return the final paperwork the transaction is funded and you receive your money. At the same time we take possession of the property and the title company records the transaction at the county.
How is the offer price determined for the property?
Several factors are taken into consideration when setting the offer price. Things like location, terrain, property size, roads, utilities and access to other amenities are all taken into consideration.
What fees do sellers have to pay?
We make every effort to make sure you receive the amount we agreed on at closing. We usually pay all the closing costs for notary closings. Sometimes title company closings have fees that buyers are not allowed to pay. The title company can go over any fees you will be paying prior to closing.
What is the title company’s role?
- Licensed title companies act as neutral third party agents for real estate closings. They typically provide title search and escrow services and coordinate the closing. Escrow is the holding of funds for the participants in the transaction. When the transaction is complete, the escrow agent releases the funds to you and records the transaction. The same title company that does the title examination usually serves as the escrow agent. They guarantee you receive your money at the same time we take ownership of the property. The title company is also responsible for recording the appropriate closing documents with the county.
- Title companies often want title insurance to be issued as part of the transaction. Unfortunately, title insurance for many smaller transactions can be cost prohibitive. That’s where the notary close process makes sense.
- Notary closings do not involve a title company. We coordinate all the paperwork and send a mobile notary to you. As buyers, we also take responsibility for recording the transaction with the county.