A vacant lot is a financial drain.
You have to pay taxes on property that doesn’t produce income.
You have to pay to cut the grass.
You have to pay to keep the lot clean of trash.
How A Seller Got Rid of Her Vacant Lot
A seller contacted me about her vacant land.
She was behind on property taxes.
Her home needed repair.
Her husband had some debt that had to be paid off.
Would I buy her vacant parcel in the city of Richmond VA?
She needed to turn that lot into cash, sell that property fast, so that she could take care of those other more important needs.
That lot was an illiquid assest that she needed to sell fast and turn it into cash.
Would I buy her piece of dirt in Richmond’s Church Hill?
She sold her vacant lot
Richmond City has many parcels of land where houses use to sit. Houses were torn down and the ground sits clean and ready for a new house.
This lot was one such empty lot.
She and I agreed to a price to pay for her parcel of land and the paper work went to the title company.
I even agreed to pay all her closing costs.
There were some delays due to title issues, but once the title was cleaned up, she sold her vacant lot and the deal was done.
A happy seller of a vacant lot
The seller sold her lot fast. She turned that vacant lot into cash to pay off her husband’s bills, clear up some of their debt and make repairs around their house.
I spoke with her again recently and here is what she told me:
Thanks for helping me sell my vacant lot fast. I am so grateful and relieved that ordeal is over. You persevered through the title problems and didn’t leave me hanging like a prior investor did. You got it done, and for that, I’m grateful – Ms. Cooper, Richmond VA
Sell your vacant lot
Do you have vacant land to sell? A building lot that could have a house on it?
Sell your vacant lot fast anywhere in the city of Richmond, Henrico County, or Chesterfield County.
Give me a call at 804-719-1489 and I’ll give you an offer or fill out the form at the “Get Offer” button below.