With a total land area of 60 million acres spanning dense hardwood forests, Ozark mountain ridges and fertile crop field plains, Missouri provides abundant scenic landscapes supporting robust agriculture enterprises as well as private recreational havens and off-grid lifestyle ventures conveniently situated within reasonable driving distances to thriving Midwest metro hubs. The harsh reality most inherited farm owners or aging rural estate holders soon discover however when listing their properties in hopes traditional financing buyer offers emerge reliably meeting desired ask prices is that it realistically takes 6-12 months onward to locate genuinely interested portfolio aligned buyers able and willing to purchase these raw untamed parcels according to the latest University of Missouri analysis.
Buying and selling raw vacant land represents major financial moves impacting personal finances, future investing ambitions and retirement planning options. Unlike residential or commercial real estate, assessing the viability of buying or selling land requires a unique set of skills and specialized knowledge to avoid costly mistakes.
While buying cash allows savvy land investors to skip the time and expense of a home appraisal, financing land purchases still requires the submission of comprehensive documentation. This includes property title reports, inspections by a qualified professional and legal transfer documents. Closing costs also include pro-rated property taxes, recording fees, legal charges and transfer tax assessments based on the state or county where the sale is occurring.
In addition to ensuring your property is properly titled, insured and surveyed prior to closing, hiring qualified real estate professionals with experience in buying and selling Missouri land ensures you receive the highest possible valuation and best terms for your property. Using these trusted land experts to assist in negotiating your sale allows you to avoid common pitfalls and delays like failing to disclose critical information to potential buyers.
A seasoned land specialist like Missouri Property Buyers – Land Boss will take into account the specifics of your property and local market conditions when setting pricing and timing for your property. They will be able to identify negatives impacting salability that a home inspector might miss such as difficult access, easement issues, steep gradations and more. They will also be able to determine whether your property is suitable for building.
After submitting your property details, a company that buys houses for cash will contact you to discuss the offer they’ve made. From there, the closing process begins. You’ll need to provide proof of income and sign the necessary paperwork. Once everything has been finalized, you’ll receive the money you’re owed. Companies that buy homes for cash in Missouri will often give you 30% to 70% of your home’s fair market value. This is a great option for those who need to sell their house quickly or are looking to avoid paying commissions.