Some people choose to sell land in West Virginia for cash because their plans have changed, they’re tired of paying property taxes or it simply isn’t worth the hassle of maintaining it. Others inherited the property and decided to sell it quickly so they can move on with their lives. Whatever the reason, selling to a “we buy land” company can be a fast and easy transaction for both parties. Pros: A cash buyer is able to close on your schedule, and they will often pay 100% of fair market value for your property. Cash buyers also don’t require inspections or appraisals and can typically close in 7 days to 30 days. Cons: They may not be able to pay as much for your property as a traditional retail buyer could.
Do I Need A Lawyer To Sell Land In West Virginia?
While you don’t need a lawyer to sell land, hiring one can help ensure that your legal rights are protected. A lawyer can also help you navigate the closing process, which can be complex and time-consuming. They can help you draft and review contracts, as well as prepare the closing documents, including the deed.
Another benefit of having a lawyer is that they can review the buyer’s disclosures to make sure that they are qualified and not planning to do anything that could harm the value of the property. They can also assist you in negotiating with potential buyers.