Frequently Asked Questions
How much will
I receive for my property?
Almost
every seller asks us this question. The price we pay for your property
will depend on many variables. A few of the most important factors are
the size and location of the parcel and the distance to utilities. Many
times, sellers have not seen their property for many years, so it is necessary
for us to do extensive research before making an offer to purchase
it. This may extend the amount of time you have to wait for an offer,
but it could also increase the offer significantly if your parcel has specific features.
How
long will it take to sell my property to Land Research Foundation?
Contact
us to request an offer and we will send it out to you in about a week. After
we mail the offer to you and you accept it, we order a copy of the deed
where you took title to the property. This takes approximately four weeks, but
if you can provide us with a copy of the deed we will be able to send
you your paperwork in just a few days. We send you check just a few days
after recieving the signed and notorized deed back from you.
Why
did I receive a letter in the mail from Land Research Foundation?
We purchase frequently in areas where the economy is
extremely depressed. Often, the area has not grown or changed in 30-50
years, and we are buying property from private parties who are tired of
paying property taxes on a parcel which is not appreciating.
What
costs are involved in selling my property to Land Research Foundation?
YOU
PAY NO COSTS OR FEES WHATSOEVER for selling your land
to us. We pay all of the fees, costs and expenses for the transfer of
title.
Who
does Land Research Foundation usually buy land from?
We buy
land from private parties. Many of the sellers we buy from have owned
their parcels for many years. Frequently, the land no longer holds the
same promise it once did. Sometimes the seller's plans have changed, and
the property is no longer something they wish to own.
What
does Land Research Foundation do with the land they buy?
We hold
our properties as long-term investments. We purchase properties in non-populated
areas, and hold them until they appreciate. We do not develop or improve
the properties while we are holding them.
What
is happening in the areas that Land Research Foundation buys land?
Nothing.
There is no growth, or very little growth in the areas where we buy land.
This is why we're purchasing in these areas.
What
if one or more of the owners of the property are deceased? Will you still
buy my property from me?
We will
look closely at your situation if one or all of the owners of the property
have passed away. It is possible we will still be able to purchase the land. If that is the case we'll prepare all of the paperwork for you. There are
no extra fees or costs for you.
What
if I don't have my original deed?
No problem.
You don't need your original deed to sell your property, as long as the
deed was recorded with the County Clerk when you purchased the land.
What
if I owe money on the property?
If you
owe money on the property we will need to look carefully at your individual
situation. Be sure to mention this to us, either on the online
form, or when you call us, so we can do the extra research necessary
on your parcel.
I
have never seen the land I own. Will Land Research Foundation still buy
it from me?
Yes,
we'll buy your land whether or not you have ever seen it.
I
inherited the property. Will Land Research Foundation still buy the land
from me?
Yes,
we will purchase the land from you if you inherited it. We'll prepare all of the paperwork for you. There
are no extra fees or costs for you.
My
land is in a very remote, undesirable area. Will Land Research Foundation
sill buy the land from me?
Yes,
we will buy your land even if it is in a very remote area. Buying parcels
in remote or hard to locate areas is common for us.
Does
Land Research Foundation buy land with improvements such as homes, office
buildings or trailer houses?
No, we
do not buy properties with improvements such as houses, trailer houses,
manufactured homes, office buildings or warehouses. We only buy vacant
land. However, if your land has a small shed, cabin, or other small improvement,
we may still purchase it from you.
What
parts of the Country does Land Research Foundation buy land?
We purchase
land all parts of the United States.
What
sizes of properties does Land Research Foundation purchase?
We purchase
land of all sizes, ranging from small lots to parcels of over 100 acres.
Will
the sale be closed in escrow?
No, we
do not close our purchases in escrow. We purchase so many parcels each
month, that the cost of closing in escrow would be extremely high. In
addition, we want the sale to be convenient for you. By handling the closing
ourselves, we save you time and are able to make you a higher offer.
Click
Here to Fill Out our Online Form and Receive Your Offer!!
©2007-2012 Land Research Foundation
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