LandDealMaker.com
  You have land.
  We have cash.
  Let’s make a deal.”
 
  Frequently Asked Questions

The following is a list of questions you might have about dealing with LandDealMaker.com. If there's something on your mind that isn't covered here, please contact us.


Q: Who is behind LandDealMaker.com?

A: We are a real estate investment management firm with offices in Indiana and New Jersey. We specialize in vacant land acquisitions nationwide. We are not real estate brokers; we make deals for ourselves.


Q: Why do you want to buy land?

A: We believe that land is a good long term investment. Of course, land investing is not for everyone, but requires patience, a long-term view, and the ability to handle negative cash flow in the near term. Or you have to truly enjoy using the land while you own it and pay taxes on it. We believe vacant land can be suitable investment for some of the private investment partnerships that we manage.


Q: Why are you trying to find sellers directly instead of buying what you see advertised or listed with brokers?

A: Land that is being advertised is often held by dealers or investors that are holding out for a high profit. Land listed by brokers also involves higher closing costs than dealing direct. We want to buy land at competitive prices. By reaching out to you, the land owner, we get a better deal than paying full retail price. We also benefit you by giving you an offer quickly. If you have a great deal of patience and marketing skill, you may be able to do better by advertising the property yourself. But if you want to make a deal now, and don't want to pay a broker, we may be your best option.


Q: So will you consider listed property at all?

A: Yes. If you have an attractively priced listing to which you'd like to call our attention, or you are eager to sell quickly, it's okay that it's listed or advertised already. Just fill out our questionnaire and we will evaluate it.


Q: Do you cooperate with real estate brokers?

A: Yes. If a property is listed with a real estate broker, we respect the listing and will not interfere with it. We encourage real estate brokers to contact us with listings that they feel may fit our criteria. Please be selective, and keep in mind that we are not retail buyers.


Q: How can I tell whether the price I'm being offered is fair?

A: The simplest answer is to compare it to other offers you may have received. You may also want to compare the offer to the present value of the income or other benefits that the property is providing to you. Comparable sales are also a good measure, if you can identify properties that are comparable to yours that have sold recently. Sources for sales data include the local courthouse, national data providers like RealQuest.com, and local/regional data providers like NYDeeds.com. Or you can talk with a real estate broker or appraiser who is familiar with the area. Keep in mind that sales prices are often very different from advertised asking prices, especially for vacant land.


 
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