Blog

property id parcel number

What is a Property ID (Parcel Number)

By

A Property ID, also known as a Parcel Number, is like the fingerprint of a property. It’s a unique identifier assigned by local tax assessors to track ownership, manage taxes, and locate properties within a county or municipality. If you’ve wondered, “What is a Property ID (Parcel Number)?” it’s essential to know that these numbers … Continued
ways to increase the value of vacant land

Ways to Increase the Value of Vacant Land

By

Boosting vacant land’s worth can unlock financial opportunities, especially when demand for land remains strong. Land values have surged to $18.6 trillion in 2023, highlighting their significant growth potential. Exploring ways to increase the value of vacant land, such as improving infrastructure, advocating for zoning changes, or adding utilities, can make your property stand out. … Continued
land banking

What is Land Banking – Your Ultimate Guide

By

Land banking is a powerful yet often overlooked strategy transforming the real estate industry. But what is land banking? At its core, it’s the process of purchasing land for future development or sale, a practice supported by over 300 land banks across the U.S. that aim to repurpose vacant and abandoned properties. With an estimated … Continued
what land auctioneers charge

What Do Land Auctioneers Charge

By

When selling land at auction, sellers ask, “What do land auctioneers charge?” Auctioneer fees typically range from 1-10% of the sale price, depending on factors like the property’s value, location, and complexity. Also, sellers often pay between $300 and $750 in entry fees for marketing and preparation. For example, a $250,000 sale could result in … Continued
paperwork to sell land by owner

Paperwork for Selling Land by Owner: Everything You Need to Know

By

Selling land on your own can feel complicated, particularly in managing the paperwork for selling land by owner. Every document plays a crucial role in a successful sale, from deeds to purchase agreements and title reports. Did you know that only 11% of FSBO sellers complete the process successfully, often due to challenges like pricing … Continued
corner lots more valuable

Are Corner Lots More Valuable

By

Corner lots often raise a common question among buyers and sellers alike: Are corner lots more valuable? Studies have shown that corner lots can command higher prices, often due to their larger size, greater visibility, and added curb appeal. For instance, some real estate markets report that corner lots sell as much as 10-15% higher … Continued
rules for posting no trespassing

Rules For Posting No Trespassing Signs on My Land

By

Making sure your property is safe and secure starts with understanding the rules for posting ‘No Trespassing’ signs. Did you know that clearly posted “No Trespassing” signs can deter liability issues and enhance penalties against trespassers in most states? According to property management data, these signs also help define property boundaries, reducing accidental access by … Continued
can i sell part of my land if i have mortgage

Can I Sell Part of My Land if I Have a Mortgage?

By

Selling a part of your land when you have a mortgage is possible and can be a smart financial move with the right guidance. According to real estate experts, many lenders allow a partial release of mortgage, enabling you to sell part of your property while retaining the remainder, provided specific conditions are met. However, … Continued
land an asset or liability

Is Land an Asset or Liability?

By

Determining whether land is an asset or a liability plays a crucial role in shaping your financial goals and guiding your investment decisions. Did you know that land, as a fixed asset, often appreciates in value, especially in prime locations with high demand? Yet, the reality isn’t always that simple. Challenges like property taxes, maintenance … Continued
what is eminent domain and protect your land rights

What is Eminent Domain and How to Protect your Land Rights

By

Eminent domain is a powerful legal process that allows the government to take private property for public use, often for projects like transportation or parks, as long as the owners are fairly compensated. Countless landowners are affected yearly, with the federal government acquiring over 20 million acres during World War II alone. Understanding what is … Continued