How do I know this isnt a scam and you are legit?
Although our approach to finding land to buy may be a bit unconventional, we are a professional company run by hard working and honest people.
You choose your preferred and trusted Closing Attorney or Title Company for the transaction to ensure everything is handled with care.
The Closing Company you choose will be directly responsible for the necessary closing docs, title work, dispersing funds, recording the deed etc so you can be confident the closing will be smooth.
Be very careful of any buyer wanting you to use a title company that they own.
Do you charge any Fees or Commissions?
Absolutely Not. We also pay for your Closing Costs.
How do I accept your offer?
The best way to move forward is to sign and send us back the purchase agreement by email, text, or mail. We can also send you the agreement by email to sign electronically.
It’s always a good idea to give us a call as well to let us know you are accepting the offer. That way we’ll be able to keep an eye out for it.
If you have any questions about the offer, just call or email us so we can discuss it.
When will I get my money for the property?
You will receive the funds from the sale immediately after closing directly from the Licensed Closing Attorney or Title Company of your choice. They typically offer you an option of a overnight mailed check or bank wire as you prefer.
Why shouldnt I just hire a Realtor?
A land agent typically charges the Seller 6-10% Commission and because land can sit on the market for years, you would typically have to sign a long listing contract as well. Seller's also dont know how long it will be on the market for and what price you will eventually get. Buyer's may also want you to pay for items like a survey or perc test before purchasing.
How are you able to buy land without looking at it?
We purchase land Nationally on a weekly basis without ever walking the property. We are able to do this by utilizing our land software with features such as aerial satellite images, google street view, flood zone, wetlands mapping and topography.
How do I sell my property if I live out of State or Im unable to attend Closing?
Thats easy and very common! The Title Company or Closing Attorney you choose will schedule a mobile notary to come to your home or work for the closing. You just need to give us plenty of notice so that be scheduled with the notary in advance.
Is the sale "As Is"?
Yes we wont ask you to pay for a survey, perc test, clear brush, install utilities, etc like most buyers.
What happens when I sign the purchase agreement?
By signing the purchase agreement it means you agree to the price and terms in the agreement. It also allows us to open escrow and have the title search performed by the Closing Company of your choice.
It does NOT mean you have signed over your property to us or transferred ownership. That only happens at Closing by the the Licensed Closing Company of your choice after they have received our funds and all Closing documents are signed by both parties. Then they finalize the sale by recording the deed with the County.
What types of land do you buy?
We purchase Residential, Commercial, Agricultural, and Rural vacant land.
Why Sellers love working with American Land Equity?
1. We have a fair and honest approach.
2. We always encourage sellers to choose their own Closing Company so they are comfortable that the transaction will be handled successfully.
3. We pay for all Closing Costs and there are no Commissions or hidden fees.
4. We are Cash Buyers meaning we don't use banks for funding that require long wait times, approval and an appraisal.
5. We close quickly. Typically within 30-45 days.
6. We offer convenience by handle coordinating transaction.
How are you different from other land buyers?
We currently are seeing many land buyers will pose as a land buyer just to tie up the property for an extended time period, market it and then try and find a buyer for a fee. Meanwhile leaving the Seller hoping it will close someday.
Its also common our Competitors will try and find funding or financing, which fall though frequently because land loans are difficult to get and require appraisal and bank approval. Its important to have the cash ready.
We also see other land buyers not wanting the Seller to use a Closing Company and will try and convince them to use their Company or not use one at all. We highly recommend NOT doing that. You always want a State Licensed Closing Company to handle your transaction.
How do you come up with your offer amount?
We use a land pricing software that analyzes data such as acreage size, location, and recent land sales nearby to assist us.